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 twoexchanges. Find the probability an unchanged stock was listed on Exchange 1.ExchangeExchange 1Exchange 2Percentage of Probability of Probability ofStockStockCompaniesListedAdvancingDeclining0.0450.2670.0470.29754.4%45.6%The probability that an unchanged stock was listed on Exchange 1 is(Round to three decimal places as needed.)Probability theStocks RemainUnchanged0.0450.047

Answered: Image /qna-images/answer/f19e7f0d-397e-4d04-b391-9c62270999cc.jpg

Answered: At the close of the stock markets on a…

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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