# Data are given for a sample of 407 retirement funds. Fund types are categorized as Growth...

###### Question:

Data are given for a sample of 407 retirement funds. Fund types are categorized as Growth and Value, that may have Low, Average, or High risk levels Fund Low Average High 199 54 Value 25 9716 If a fund is randomly selected, what is the probability that it is a Value fund or it has an average level of risk? 0.24 0.47 0.83

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