Suppose that we are looking at the behaviour of two stocks listed on the New York Stock Exchange Stock and Stock B to observe whether over a given interval, the prices of the stocks increased, decreased, or stayed the same. The information is given in the following table. Stock A Stock B No Increase Decrease Change A1 A2 АЗ Increase B1 0.11 0.01 0.03 No B2 0.21 0.15 0.04 Change Decrease B3 0.18 0.12 0.15 Find the probability that the price of stock A will not decrease, given that the price of stock B increases.

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Suppose that we are looking at the behaviour of two stocks listed on the New York Stock Exchange Stock
and Stock B to observe whether over a given interval, the prices of the stocks increased, decreased, or
stayed the same. The information is given in the following table.
Stock A
Stock B
No
Increase
Decrease
Change
A1
A2
АЗ
Increase B1 0.11
0.01
0.03
No
B2 0.21
0.15
0.04
Change
Decrease B3 0.18
0.12
0.15
Find the probability that the price of stock A will not decrease, given
that the price of stock B increases.
Answer:
Transcribed Image Text:Suppose that we are looking at the behaviour of two stocks listed on the New York Stock Exchange Stock and Stock B to observe whether over a given interval, the prices of the stocks increased, decreased, or stayed the same. The information is given in the following table. Stock A Stock B No Increase Decrease Change A1 A2 АЗ Increase B1 0.11 0.01 0.03 No B2 0.21 0.15 0.04 Change Decrease B3 0.18 0.12 0.15 Find the probability that the price of stock A will not decrease, given that the price of stock B increases. Answer:
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