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Unformatted text preview: Interpret the results. 6. Summarize the marital status of the customers using a marginal distribution and interpret the results. 7. Is marital status associated with gender? Explain using a conditional distribution. 8-14. An investment firm has classified its clients according to their gender and the composition of their investment portfolio (primarily bonds, primarily stocks, or a balanced mix of bonds and stocks). The proportions of clients falling into the various categories are shown in the following table: Portfolio Composition Gender Bonds Only Stocks Only Balance of Stocks and Bonds Male 18 20 25 Female 12 10 15 One client is selected at random, and two events A and B are defined as follows: A : The client selected is male. B : The client selected has a balanced portfolio....
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- Fall '11
- Statistics, Base on balls, Batting average