Oil industry investment


A financial manager made two new investments-one in oil industry and one in the municipal bonds. After a one-year period, each and every of the investments will be classified as either successful or unsuccessful. Suggest the making of the two investments as an experiment.

3. Let O = event that the oil industry investment is successful and M= the event that the municipal bond investment is successful. Mention the sample points in O and in M.

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Basic Statistics: Oil industry investment
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