(Solved): The management of Effective Investment Limited surveyed clients to assess their level of interest i ...

The management of Effective Investment Limited surveyed clients to assess their level of interest in cryptocurrencies and preference shares. The results revealed that interest in cryptocurrencies was \( 31 \% \) and \( 43 \% \) in preference shares. The percentage of clients interested in cryptocurrencies and preference shares was 23\%. a) What is the probability that an investor will be interested in cryptocurrencies given an interest in preference shares? (2 Marks) b) What is the probability that an investor will be interested in preference shares given an interest ir cryptocurrencies? (2 Marks)