A new investment bank has decided to invest TK45,000 on stocks, TK12,000 on mutual funds and the rest on bonds out of a total of TK60,000. It is predicting that 73%, 86% and 95% of its stocks, mutual funds and bonds respectively will increase in value after one year. a) If a randomly selected asset increased in value after a year, what is the probability of it being a bond? b) What is the probability of an asset not being a mutual fund if it did not increase in value after one year?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
A new investment bank has decided to invest TK45,000 on stocks, TK12,000 on mutual funds and the rest on bonds out of a total of TK60,000. It is predicting that 73%, 86% and 95% of its stocks, mutual funds and bonds respectively will increase in value after one year.
a) If a randomly selected asset increased in value after a year, what is the probability of it being a bond?
b) What is the probability of an asset not being a mutual fund if it did not increase in value after one year?
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