Alison has all her money invested in two mutual funds, a and b. she knows that there is a 40% chance that fund a will rise in price, and a 60% chance that fund b will rise in price given that fund a rises in price. there is also a 20% chance that fund b will rise in price. what is the probability that at least one of the funds will rise in price?

The probability  that at least one of the funds will rise in price is 0.36.

Let P(A) be the probability that fund A will rise.

Let P(B) be the probability that fund B will rise.

We have

P(A) = 0.40

P(B) =0.20

P(B given A) = 0.60

The formula for conditional probability is given as :

From the equation above we can derive P(A and B) as

Substituting the values we get,

P(A and B) = 0.24.

The P(A or B) will give us the probability that at least one of the funds increase in price.

Since the P(A) and P(B) are not mutually exclusive events, we use the following formula to find the P(A or B)

where

is P(A and B)

Substituting the values we get,

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.