QUESTION 9 The Table below displays the number of books read by different age groups. Fiction Books Biography Books Non Fiction Books 15 - 20 years 20-30 years 15 10 20 23 35 30 years and above 10 40 17 What is the probability of picking one person at random and that person is between 15 - 20 years and reads Fiction books? (write your answer to the nearest 3 decimals) QUESTION 10

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.