(Steps Shown) In 2001 the stock market took some big swings up and down. One thousand investors were asked how often they tracked their investments. The
Question: In 2001 the stock market took some big swings up and down. One thousand investors were asked how often they tracked their investments. The table below shows their responses. What is the probability that an investor tracks the portfolio monthly? (References: example 6 page 137, end of section exercises 45 - 48 page 145) ( 5 points)
| How often tracked? | Response |
| Daily | 235 |
| Weekly | 278 |
| Monthly | 292 |
| Few times a year | 136 |
| Do not track | 59 |
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