The probability that an investor will invest in real estate is 0.7, the probability that the investor will invest in the stock market is 0.4, and the probability that the investor will invest in either real estate or stock market is 0.8. What is the probability that the investor will not invest in either real estate or the stock market? Give your answer in decimal form.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The probability that an investor will invest in real
estate is 0.7, the probability that the investor will
invest in the stock market is 0.4, and the
probability that the investor will invest in either
real estate or stock market is 0.8. What is the
probability that the investor will not invest in
either real estate or the stock market? Give your
answer in decimal form.
Transcribed Image Text:The probability that an investor will invest in real estate is 0.7, the probability that the investor will invest in the stock market is 0.4, and the probability that the investor will invest in either real estate or stock market is 0.8. What is the probability that the investor will not invest in either real estate or the stock market? Give your answer in decimal form.
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