developments to represent continuing trends: a) What is the probability of randomly picked stock of going up in this data What is the probability of a stock going up given that it is a cleantech sto Industry Telecommunications Retail Tourism Cloud computing Fitness S334 Up 53 Down 24312 Total 5 сл 7 7 6 5

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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5. Consider the below (imaginary) data set of stock exchange by the industry. If we
consider these developments to represent continuing trends:
a) What is the probability of randomly picked stock of going up in this data set?
What is the probability of a stock going up given that it is a cleantech stock?
Industry
Telecommunications
Retail
Tourism
Cloud computing
Fitness
Restaurant
Gaming
Clean tech
TOTAL
Up
3
WWAWO A WW
28
Down
2431
2
2
2
1
17
Total
5
7
7
6
5
6
5
4
45
b) What is the probability that all your stocks go up at the same time if you
invest only in retail, restaurants and tourism?
Transcribed Image Text:5. Consider the below (imaginary) data set of stock exchange by the industry. If we consider these developments to represent continuing trends: a) What is the probability of randomly picked stock of going up in this data set? What is the probability of a stock going up given that it is a cleantech stock? Industry Telecommunications Retail Tourism Cloud computing Fitness Restaurant Gaming Clean tech TOTAL Up 3 WWAWO A WW 28 Down 2431 2 2 2 1 17 Total 5 7 7 6 5 6 5 4 45 b) What is the probability that all your stocks go up at the same time if you invest only in retail, restaurants and tourism?
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