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 Listed Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Advancing Declining 0.2466 Unchanged 0.0297 0.5052 0.7237 0.4948 0.6009 0.3455 0.0536 Let F be Exchange 2 and E be an advance. P(F) = .4948 and P(F') = .5052 The probability that a stock was listed on Exchange 2 given that it advanced is (Do not round until the final answer. Then round to four decimal places as needed.)
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 Listed Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Advancing Declining 0.2466 Unchanged 0.0297 0.5052 0.7237 0.4948 0.6009 0.3455 0.0536 Let F be Exchange 2 and E be an advance. P(F) = .4948 and P(F') = .5052 The probability that a stock was listed on Exchange 2 given that it advanced is (Do not round until the final answer. Then round to four decimal places as needed.)
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...
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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
Listed
Probability the
Stock
Stock
Stocks Remain
Unchanged
Exchange
Exchange 1
Exchange 2
Advancing
Declining
0.5052
0.7237
0.2466
0.0297
0.4948
0.6009
0.3455
0.0536
Let F be Exchange 2 and E be an advance.
P(F) = .4948 and P (F')
= .5052
The probability that a stock was listed on Exchange 2 given that it advanced is
(Do not round until the final answer. Then round to four decimal places as needed.)
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