Exchange 1 is
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...
Related questions
Question
Transcribed Image Text:At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchan
stock was listed on Exchange 1.
Percentage of
Companies
Listed
Probability of
Probability of
Stock
Probability the
Stocks Remain
Stock
Exchange
Exchange 1
Exchange 2
Advancing
0.042
Declining
Unchanged
0.042
55.1%
0.267
44.9%
0.055
0.297
0.055
The probability that an unchanged stock was listed on Exchange 1 is
(Round to three decimal places as needed.)
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON