Among the first 50 stocks listed in the New York Stock Exchange transactions on a certain day (as reported in the Wall Street Journal), there were 22 stocks that went down, 19 that went up, and 9 that remained unchanged. On the basis of this information, find the probability that a stock selected at random from this list would not have remained unchanged. (Enter your probability as a fraction.)
Among the first 50 stocks listed in the New York Stock Exchange transactions on a certain day (as reported in the Wall Street Journal), there were 22 stocks that went down, 19 that went up, and 9 that remained unchanged. On the basis of this information, find the probability that a stock selected at random from this list would not have remained unchanged. (Enter your probability as a fraction.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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