If your trading systerm has a losing percentage of 45%, how likely it is to have a series of four losses in a row?   1%   2.25%   45%   4.10%

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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If your trading systerm has a losing percentage of 45%, how likely it is to have a series of four losses in a row?

 

1%

 

2.25%

 

45%

 

4.10%

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