Answered

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The probability of Jamie making money investing in bonds is \dfrac{1}{20} 20 1 ​ start fraction, 1, divided by, 20, end fraction. The probability of Jamie making money investing in stocks is 82\%82%82, percent.

Sagot :

Fichohidn

Complete question :

The probability of Jamie making money investing in bonds is 1/20. The probability of Jamie making money investing in stocks is 82%. Which of these events is more likely?

Answer:

Hence, It is more likely that Jamie will make money by investing in stocks.

Step-by-step explanation:

Probability of making money Investing in Bond = 1/20

Probability of making money Investing in stocks = 82%

Comparing the two probabilities, we can either convert both to decimal, fraction or percentage ;

Converting to percentage :

Probability of making money Investing in Bond = 1/20 = 0.05 = 0.05 * 100% = 5%

Probability of making money Investing in stock = 82%

82% > 5%

Hence, It is more likely that Jamie will make money by investing in stocks.

CrystalClear14idn

Answer:

Jamie makes money investing in stocks.

Probability of making money Investing in stocks = 82%

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