(a) What is the probability that an employee of the company chosen at random had investments in exactly two kinds of investment funds? (Enter your answer to three decimal places.) (b) What is the probability that an employee of the company chosen at random had investments in exactly one kind of investment fund? (Enter your answer to two decimal places.) (c) What is the probability that an employee of the company chosen at random had no investment in any of the three types of funds? (Enter your answer to three decimal places.)

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.