Mutual Fund Holdings Use the following information in
Chapter 12, Problem 12.1.455(choose chapter or problem)
Mutual Fund Holdings Use the following information in Exercises 7174. Mutual funds often hold many stocks. Each stock may be classified as a value stock, a growth stock, or a blend of the two. The stock may also be categorized by how large the company is. It may be classified as a large company stock, medium company stock, or small company stock. A selected mutual fund contains 200 stocks as illustrated in the following chart. Value Blend Growth Large Medium Small Equity Investment Style 28 19 26 23 15 12 42 18 17 If one stock is selected at random from the mutual fund, determine the probability that it is a blend, given that it is a medium company stock
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