Question

In 1999 the stock market took big swings up and down. A survey of 998 adult investors asked how often they tracked the portfolio. The table shows the investor responses. What is the probability that an adult investor tracks his or her portfolio daily?

Answer 1

Option D

`(235)/(998);0.235`

Step-by-step explanation

Given:

Total number of investors = 998

Number of investors tracking daily stock = 235

Determine the probability

`\begin{gathered} Prob=\frac{number\text{ of investors tracking daily stock}}{total\text{ number of investors}} \\ =(235)/(998) \\ =0.235 \end{gathered}`