CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Suppose that events A, B, C, and D are independent, and have probabilities of 0.25, 0.50, 0.40, and 0.30, respectively. What is P(ABCD)?
A. 0.15
B. 1.0%
C. 1.5%
Explanation: If these events are independent, the joint probability of them occurring together is just the product of the individual probabilities. P(ABCD) = 0.25 * 0.50 * 0.40 * 0.30 = 1.5%

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