Page 14 - FINAL CFA I SLIDES JUNE 2019 DAY 3
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LOS 9.h: Calculate and interpret an                                      Session Unit 2:
   unconditional probability using the total
   probability rule.                                                        9. Probability Concepts (B)


  In Figure 2 - relation between conditional and unconditional probability, 181
















































                                                              The UCP of rate increase: 6%+20%+14% = 40%
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