At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it advanced. Probability the Stocks Remain Percentage of Probability of Probability of Stock Declining 0.2466 0.3455 Companies Stock Exchange Exchange 1 Exchange 2 Advancing 0.7237 Unchanged 0.0297 Listed 0.5052 0.4948 0.6009 0.0536 ..... Let F be Exchange 2 and E be an advance. P(F) = and P(F') =

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing,
declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it
advanced.
Percentage of Probability of Probability of
Companies
Probability the
Stock
Stock
Stocks Remain
Unchanged
Exchange
Exchange 1
Exchange 2
Listed
Advancing
Declining
0.2466
0.5052
0.7237
0.0297
0.4948
0.6009
0.3455
0.0536
......
Let F be Exchange 2 and E be an advance.
P(F) = and P(F') =D
Transcribed Image Text:At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it advanced. Percentage of Probability of Probability of Companies Probability the Stock Stock Stocks Remain Unchanged Exchange Exchange 1 Exchange 2 Listed Advancing Declining 0.2466 0.5052 0.7237 0.0297 0.4948 0.6009 0.3455 0.0536 ...... Let F be Exchange 2 and E be an advance. P(F) = and P(F') =D
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON