Math Problem Statement
In a survey of 800 investors, it was reported that 479 had invested in stocks, 422 had invested in bonds, and 100 had not invested in either stocks or bonds. (a) How many investors had invested in both stocks and bonds?
(b) How many investors had invested only in stocks?
Solution
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Math Problem Analysis
Mathematical Concepts
Set Theory
Inclusion-Exclusion Principle
Basic Algebra
Formulas
S + B - (S ∩ B) = Number of investors who invested in either stocks or bonds (or both)
S - (S ∩ B) = Number of investors who invested only in stocks
Theorems
Inclusion-Exclusion Principle
Suitable Grade Level
Grades 9-12
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