Suppose you have data showing that 40% of tech firms saw their proportion of institutional ownership (IO) increase during the pandemic. When a tech firm’s IO increased, their total market capitalization (market cap) increased 70% of the time. Also, 25% of tech firms saw no market cap increase coupled with no increase in IO. a. What is the probability that a firm saw an increase in market cap if it saw no increase in IO? Provide your answer to the nearest 0.1%. b. Did an increase in IO and an increase in market cap have an effect on each oth

Suppose you have data showing that 40% of tech firms saw their proportion of institutional ownership (IO) increase during the pandemic. When a tech firm’s IO increased, their total market capitalization (market cap) increased 70% of the time. Also, 25% of tech firms saw no market cap increase coupled with no increase in IO. a. What is the probability that a firm saw an increase in market cap if it saw no increase in IO? Provide your answer to the nearest 0.1%. b. Did an increase in IO and an increase in market cap have an effect on each oth

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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