Math Problem Statement

In a survey of 600 investors, it was reported that 380 had invested in stocks, 325 had

invested in bonds, and 75 had not invested in either stocks or bonds.

a. How many investors had invested in both stocks and bonds?

b. How many investors had only invested in stocks?

Solution

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Math Problem Analysis

Mathematical Concepts

Set Theory
Inclusion-Exclusion Principle
Basic Arithmetic

Formulas

|S ∪ B| = |S| + |B| - |S ∩ B|
Only in stocks = |S| - |S ∩ B|

Theorems

Inclusion-Exclusion Principle

Suitable Grade Level

Grades 9-12