Afinancial analyst has determined that there is a 23 % probability that a mutual fund will outperform the market over a 1 -year period, provided that it outperforms the market the previous year. if only 12 % of mutual funds outperform the market during any year, what is the probability that a mutual fund will outperform the market 2 years in a row?

23%

Step-by-step explanation:

If in any year there is a 12% chance that a mutual fund will outperform the market, that is in a mutually exclusive situation where the previous years performance is not considered. In this situation where trying to calculate the probability of a mutual fund outperforming the market 2 years in a row, the answer will be 23% as according to the calculations done by the financial analyst where the probability is calculated in a situation dependent on the previous years performance.

$2416.6

step-by-step explanation:

per hour = $ 25

total work time = 35

commission = 15%

total she has to make = $ 4,500

let she sold x dollar products

so her commission will be 15 % of x

now

total = weekly basic pay + commission

4500= (25*35) + 15 % of x

4500=875 + * x

4500-875 =   * x

3625= * x

multiplying wwith 100 on both sides gives

36250 = 15 x

now

x =  

x= $2416.6

answer: a) 56% women

b)44% men

step-by-step explanation: