Assignment:
Using the table response the following:
Performance/Sector BioTech IT
Positive 23% 17%
Negative 7% 53%
Q1: The table above displays data on the composition and performance of the Massachusetts Bubble Growth (MBG) technology stock fund over the last year. The table includes data on the distribution of stocks in the fund by technology sector (information technology (IT) or biotechnology) and by last year's "performance" (positive or negative net change in share price over the last year).
Q2: What is the conditional probability that an MBG stock had a positive change in share price, given that it is an IT stock?
Source
24.3%
42.5%
40.0%
None of the above