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Business Statistics - Drowning in Probability

  • 06-03-2006 3:33am
    #1
    stonecat6
    Closed Accounts Posts: 6 ✭


    I have this homework, & I am almost finished except for this:
    I do not even know where to begin - Can someone please help me :confused:

    Aerospace - low risk 6 & Moderate to High risk 9
    Food retail - low risk 15 & Moderate to High risk 10

    a) The probability that the company’s stock is moderate to high risk given that the firm is an aerospace company.
    b) The probability that the company’s stock is moderate to high risk given that the firm is a food retailer
    c) Determine the company type is independent of the level of risk of the firm’s stock.


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