At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an unchanged stock was listed on Exchange 1. Percentage of | Probability of | Probability of Companies Probability the Stocks Remain Stock Stock Advancing Exchange Exchange 1 Exchange 2 Declining 0.267 Listed Unchanged 54.9% 0.056 0.056 45.1% 0.054 0.297 0.054 ..... The probability that an unchanged stock was listed on Exchange 1 is (Round to three decimal places as needed.)
At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an unchanged stock was listed on Exchange 1. Percentage of | Probability of | Probability of Companies Probability the Stocks Remain Stock Stock Advancing Exchange Exchange 1 Exchange 2 Declining 0.267 Listed Unchanged 54.9% 0.056 0.056 45.1% 0.054 0.297 0.054 ..... The probability that an unchanged stock was listed on Exchange 1 is (Round to three decimal places as needed.)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
![At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing,
declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an unchanged stock was listed on Exchange 1.
Percentage of Probability of Probability of
Companies
Listed
Probability the
Stocks Remain
Stock
Stock
Unchanged
Exchange
Exchange 1
Exchange 2
Advancing
0.056
Declining
54.9%
0.267
0.056
45.1%
0.054
0.297
0.054
.....
The probability that an unchanged stock was listed on Exchange 1 is
(Round to three decimal places as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd3ddc209-f2da-441a-b734-79aa694d8a70%2Fb0c11960-0623-4e70-99d7-179b6eb05f72%2Fvf33pe_processed.png&w=3840&q=75)
Transcribed Image Text:At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing,
declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an unchanged stock was listed on Exchange 1.
Percentage of Probability of Probability of
Companies
Listed
Probability the
Stocks Remain
Stock
Stock
Unchanged
Exchange
Exchange 1
Exchange 2
Advancing
0.056
Declining
54.9%
0.267
0.056
45.1%
0.054
0.297
0.054
.....
The probability that an unchanged stock was listed on Exchange 1 is
(Round to three decimal places as needed.)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Advanced Engineering Mathematics](https://www.bartleby.com/isbn_cover_images/9780470458365/9780470458365_smallCoverImage.gif)
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
![Numerical Methods for Engineers](https://www.bartleby.com/isbn_cover_images/9780073397924/9780073397924_smallCoverImage.gif)
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
![Introductory Mathematics for Engineering Applicat…](https://www.bartleby.com/isbn_cover_images/9781118141809/9781118141809_smallCoverImage.gif)
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
![Mathematics For Machine Technology](https://www.bartleby.com/isbn_cover_images/9781337798310/9781337798310_smallCoverImage.jpg)
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
![Basic Technical Mathematics](https://www.bartleby.com/isbn_cover_images/9780134437705/9780134437705_smallCoverImage.gif)
![Topology](https://www.bartleby.com/isbn_cover_images/9780134689517/9780134689517_smallCoverImage.gif)