Math Problem Statement
It is stated in the problem that n(S) = 440 and n(B) = 384.
To find the number of investors who had invested in both stocks and bonds, use the Inclusion-Exclusion Principle, given as n(S ∪ B) = n(S) + n(B) − n(S ∩ B).
Substitute the given information and n(S ∪ B) = 613 into this formula. 613 = 440 + − n(S ∩ B)
Solution
To solve this problem using the Inclusion-Exclusion Principle, we're given:
- (the number of investors in stocks),
- (the number of investors in bonds),
- (the total number of investors who invested in either stocks or bonds or both).
We need to find , the number of investors who invested in both stocks and bonds.
Inclusion-Exclusion Principle formula:
Substitute the given values into this formula:
Now, simplify:
Solving for :
Thus, the number of investors who invested in both stocks and bonds is 211.
Do you want more details or have any questions?
Here are 5 related questions to deepen your understanding:
- What is the Inclusion-Exclusion Principle used for in set theory?
- How would the formula change if we had three sets, like stocks, bonds, and real estate?
- What would happen if there were no investors who invested in both stocks and bonds?
- How would you represent the complement of in this scenario?
- Can this principle be applied to probabilities instead of counting?
Tip: When solving problems involving sets, always break down the problem using Venn diagrams if you struggle to visualize the overlap between groups.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Set Theory
Inclusion-Exclusion Principle
Formulas
n(S ∪ B) = n(S) + n(B) - n(S ∩ B)
Theorems
Inclusion-Exclusion Principle
Suitable Grade Level
Grades 10-12
Related Recommendation
Investors in Stocks and Bonds Using Inclusion-Exclusion Principle
Finding Investors Who Invested in Both Stocks and Bonds Using Set Theory
Investors Survey: Stocks and Bonds with Inclusion-Exclusion
Investors Survey: Stocks, Bonds, and the Inclusion-Exclusion Principle
Find Number of Investors in Both Stocks and Bonds Using the Inclusion-Exclusion Principle