Management problems in Stats

Can someone please provide a solution to the following problem: [image] Thnks

Can someone please provide a solution to the following problem:



Thnks

Can someone please provide a solution to the following problem:



Thnks


Wheres the prob ?
perfectionist_ Says
Wheres the prob ?


don't u see the img: http://i53.tinypic.com/2r2rcdf.jpg?

Probab of getting funds thru financial inst. 7/10= 0.7

probab of getting funds thru public issse:- (9/10*6/10) + (1/2*2/5) = 0.704

Therefore management must go to raise funds thru public issue.

Please correct me if i am wrong.

Probab of getting funds thru financial inst. 7/10= 0.7

probab of getting funds thru public issse:- (9/10*6/10) + (1/2*2/5) = 0.704

Therefore management must go to raise funds thru public issue.

Please correct me if i am wrong.

Your approach is right,should be 0.54+0.2=0.74 and not .704