Joint probability q2

CFA Level I
#1

Greetings,

I wonder what the values represents like 0,2 0 0 in the first row for example?

Q2 Kaplan p.69 module 5.1

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#2

There’s a

  • 20% chance that P = 15% and Q = 7% (simultaneously)
  • 0% chance that P = 15% and Q = 4% (simultaneously)
  • 0% chance that P = 15% and Q = 0% (simultaneously)
#3

Aha alright! Thanks. Sometimes I think it is just tricky to get the question right.

#4

My pleasure.