During a given week, the probability that a particular common stock issue will increase (I) in price, remain unchanged (U) or decline (D) in price estimated to be 0.30, 0.20 and 0.50 respectively. Is the event of I, U and D is independent event or not? Explain your answer. Is the event of I, U and D is mutually exclusive or not? Explain your answer. Draw tree diagram to describe the whole situation.
During a given week, the probability that a particular common stock issue will increase (I) in price, remain unchanged (U) or decline (D) in price estimated to be 0.30, 0.20 and 0.50 respectively. Is the event of I, U and D is independent event or not? Explain your answer. Is the event of I, U and D is mutually exclusive or not? Explain your answer. Draw tree diagram to describe the whole situation.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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During a given week, the
- Is the
event of I, U and D is independent event or not? Explain your answer. - Is the event of I, U and D is mutually exclusive or not? Explain your answer.
- Draw tree diagram to describe the whole situation.
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