If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.25% or more? (Enter your probability as a fraction.) SymbolTVZCVXMCDPFEMRKCATXOMCompanyKOAT&TVerizonGE General ElectricChevronMcDonald'sPfizerMerckCaterpillarExxonMobilCoca-ColaPrice ($)33.5946.78112.1893.7031.1525.2756.7991.5392.4542.22Yield5.48%4.70%3.82%3.63%3.60%3.48%3.17%3.06%2.99%2.89%

There are total 10 stocks are in list .Probability = no of Favorable outcomes/ total outcomes Here…

Answered: probability that both the stocks in…

Math

Probability

probability that both the stocks in your selection had yields of 3.25% or more?

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...

See similar textbooks

Related questions

Q: Given P(A) = 0.037, find the probability of the complementary event.

A: Given that, P(A) = 0.037 To find the P(A').

Q: In a large population, 59% of the people have been vaccinated. If 5 people are randomly selected,…

Q: On a grocery store shelf, there are 16 loaves of white bread and 15 loaves of wheat bread. A shopper…

A: The objective of this question is to find the probability that a shopper randomly selects a loaf of…

Q: Heather buys a bag of cookies that contains 8 chocolate chip cookies, 7 peanut butter cookies, 9…

A: Givenno.of chocolate chip cookies=8no.of peanut butter cookies=7no.of sugeat cookies=9no.of oatmean…

Q: Sam is going to throw a dart at a dartboard in a local establishment. Sam figures that the dart…

A: Sam figures that the dart will hit the bullseye or it won't.

Q: You pay $20 to enter a raffle. The first ticket drawn wins $990, the second ticket drawn wins $465,…

A: The objective of this question is to calculate the expected earning on a raffle ticket. The expected…

Q: Camila sets up a passcode on her smart phone, which allows only five-digit codes. She has heard that…

A: Given : The passcode consists of 5 digits Out of 5 digits one digit appeared 2 times (because…

Q: If the odds for a certain event are 25 to 27, what is the probability of the event occuring? Write…

A: Odds against = P(against)/P(favor) total number of occurrences = 25+27 = 52 P(event occurring) = ?

Q: Find the probability of having 2, 3, or 4 successes in five trials of a binomial experiment in which…

Q: Suppose 56% of the students in a university are baseball players. If a sample of 873 students…

A: Step 1: State the given data: population proportion, p = 56% = 0.56sample proportion, p̂ = 55% =…

Q: You pay $20 to enter a raffle. The first ticket drawn wins $912, the second ticket drawn wins $481,…

Q: Kiara sets up a passcode on her tablet, which allows only six-digit codes. She has heard that it's…

A: Kiara sets up a pass-code on her tablet, which allows only six-digit codes. She has heard that it's…

Q: Catherine buys a bag of cookies that contains 7 chocolate chip cookies, 4 peanut butter cookies, 5…

A: Given that, Total number of cookies = 7+4+5+5 = 21 Number of chocolate chip cookies = 7 Number of…

Q: Over a weekend, Ivan counted the number of single scoop ice creams ordered at his store. He tracked…

A: Probability of an event is the chances of occurrence of the event and it can take values from 0 to…

Q: Emily has $10000 to invest in Apple stock. In the next month, the stock has a 30% chance of gaining…

A: Total amount for investment = $10000.The probability distribution for the provided data is:

Q: Colleen buys a bag of cookies that contains 7 chocolate chip cookies, 6 peanut butter cookies, 7…

A: We can find the required probability by using the probability definition.

Q: Suppose 52% of the students in a university are baseball players. If a sample of 436 students is…

A: Given thatThe proportion of the students in a university are baseball players = 0.52Total sample…

Q: 34% that a stock investement will end up in a total loss what is the chance that 1 of 3 investments…

A: It is given that, 34% that a stock investment will end up in a total loss. It means that the…

Q: Assume that the group has a portfolio of 6 stocks. There is 30% chance that any one of these stocks…

Q: Dave's wardrobe contains 25 T-shirts, of which 12 are gray. Dave selects a T-shirt at random. What…

A: General formula of probability is , Probability = Number of favorable outcomes Total outcomes

Q: In a certain city district, the need for money to buy drugs is stated as the reason for 36% of all…

A: It is given that n=5 and p=0.36.

Q: Given P(A) = 0.372, find the probability of the complementary event.

Q: An appliance store sells additional warranties on its refrigerators. Twenty percent of the buyers…

A: We have given following information: of buyers buy the limited warranty for . of buyers buy the…

Q: idan buys a bag of cookies that contains 7 chocolate chip cookies, 4 peanut butter cookies, 5 sugar…

Q: On average, what are the odds

A: You are a Product Manager for Hockey Equipment working at an Internet-based sports equipment…

Q: Lucas buys a bag of cookies that contains 5 chocolate chip cookies, 9 peanut butter cookies, 8 sugar…

A: There are 5 chocolate chip cookies, 9 peanute butter cookies, 8 sugar cookies and 6 oatmeal cookies.

Q: Tevin buys a bag of cookies that contains 4 chocolate chip cookies, 7 peanut butter cookies, 8 sugar…

A: The information provided in the question are as follows :- Number of chocolate cookies = 4 Number of…

Q: Maggie is practicing her penalty kicks for her upcoming soccer game. During the practice, she…

Q: Tom buys a bag of cookies that contains 9 chocolate chip cookies, 9 peanut butter cookies, 4 sugar…

A: Given,no.of chocolate chip cookies=9no.of peanut butter cookies=9no.of suger cookies=4no.of oatmeal…

Q: One thousand tickets are sold at P150 each for a color television valued at P54,000. What is the…

A: Solution-: Cost of ticket =P150 Number of tickets=1000 Value of a price =P54000 We find the expected…

Q: If the odds for a certain event are 5 to 19, what is the probability of the event occuring? Write…

A: GivenOdds for a certain event are 5 to 19

Question

If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.25% or more? (Enter your probability as a fraction.)

Symbol
T
VZ
CVX
MCD
PFE
MRK
CAT
XOM
Company
KO
AT&T
Verizon
GE General Electric
Chevron
McDonald's
Pfizer
Merck
Caterpillar
ExxonMobil
Coca-Cola
Price ($)
33.59
46.78
112.18
93.70
31.15
25.27
56.79
91.53
92.45
42.22
Yield
5.48%
4.70%
3.82%
3.63%
3.60%
3.48%
3.17%
3.06%
2.99%
2.89%

Video Video

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Mentioning given information

VIEW

Step 2: Calculation of probability

VIEW

Solution

VIEW

Step by step

Solved in 3 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

For 50c, you can play a lottery where you pick a 3-digit number between 000 and 999. If you pick the winning number, you collect $275. What is the expected amount you will win or lose in this game?
Suppose you are producing an outdoor festival. You estimate that you will make $100000 if it does not rain and make $50000 if it does rain. The weather bureau predicts that the chance of rain is 35% for the day of the concert. What are your expected earnings for the festival?
If the probability that an individual will suffer a bad reaction to a given vaccine is 0.13. Determine the probability that out of 4 individuals, none will suffer a bad reaction. [The answer should be a number rounded to five decimal places, don't use symbols such as %]
If the probability that the Islanders will beat the Rangers in a game is 81%, what is the probability that the Islanders will win at least three out of five games in a series against the Rangers? Round your answer to the nearest thousandth.
You pay $20 to enter a raffle. The first ticket drawn wins $1036, the second ticket drawn wins $477, the third through fifth win $186, and the sixth through tenth win $49. Suppose 2345 tickets were sold. What is the expected earning on your ticket?
Suppose 10% of all redeemed coupons at a supermarket are for 50% off the item purchased. A simulation is used to model a coupon randomly selected and then recorded as 50% off or not 50% off. Which simulation best models the scenario? Place 40 equally sized pieces of paper in a hat. Of the 40, 4 read "50% off" and the rest read "not 50% off ". O Place 30 equally sized pieces of paper in a hat. Of the 30, 6 read "50% off" and the rest read "not 50% off ". O Place 80 equally sized pieces of paper in a hat. Of the 80, 10 read "50% off" and the rest read "not 50% off ". O Place 50 equally sized pieces of paper in a hat. Of the 50, 10 read "50% off" and the rest read "not 50% off ".
Skyler buys a bag of cookies that contains 8 chocolate chip cookies, 5 peanut butter cookies, 8 sugar cookies and 9 oatmeal raisin cookies. What is the probability that Skyler randomly selects a sugar cookie from the bag, eats it, then randomly selects another sugar cookie? Express your answer as a reduced fraction.
There is a football game on Friday evening. If it is raining, 5000 people are expected to attend. If it is not raining, 18000 people are expected. The weather forecast is for 19% chance of rain on Friday. What is the expected attendance at the game?
solve the following
The Village League uses a best-two-out-of-three series to crown its champion. If the probability of Team Alpha beating Team Beta is 60% for every game, what is the probability that Beta wins the championship? Express your answer as a common fraction.