Symbol Company Price ($) Yield AT&T 33.59 5.48% Vz Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% GE General Electric 25.27 3.48% MRK Merck 56.79 3.17% CAT Caterpillar 91.53 3.06% хом ExxonMobil 92.45 2.99% ко Соса-Cola 42.22 2.89% If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.25% or more? (Enter your probability as a fraction.)
Symbol Company Price ($) Yield AT&T 33.59 5.48% Vz Verizon 46.78 4.70% CVX Chevron 112.18 3.82% MCD McDonald's 93.70 3.63% PFE Pfizer 31.15 3.60% GE General Electric 25.27 3.48% MRK Merck 56.79 3.17% CAT Caterpillar 91.53 3.06% хом ExxonMobil 92.45 2.99% ко Соса-Cola 42.22 2.89% 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.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance
the preceding year. HINT [See Example 2.]
Symbol
Company
Price ($)
Yield
AT&T
33.59
5.48%
VZ
Verizon
46.78
4.70%
CVX
Chevron
112.18
3.82%
MCD
McDonald's
93.70
3.63%
PFE
Pfizer
31.15
3.60%
GE
General Electric
25.27
3.48%
MRK
Merck
56.79
3.17%
САT
Caterpillar
91.53
3.06%
Хом
ExxonMobil
92.45
2.99%
KO
Соса-Cola
42.22
2.89%
If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.25% or more? (Enter your probability as a fraction.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9e5cac06-1fc8-4ff7-8e43-bb1b5dfbc3dc%2F16255afc-f597-4911-ba5c-d291a575079b%2F2azp2r_processed.png&w=3840&q=75)
Transcribed Image Text:The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance
the preceding year. HINT [See Example 2.]
Symbol
Company
Price ($)
Yield
AT&T
33.59
5.48%
VZ
Verizon
46.78
4.70%
CVX
Chevron
112.18
3.82%
MCD
McDonald's
93.70
3.63%
PFE
Pfizer
31.15
3.60%
GE
General Electric
25.27
3.48%
MRK
Merck
56.79
3.17%
САT
Caterpillar
91.53
3.06%
Хом
ExxonMobil
92.45
2.99%
KO
Соса-Cola
42.22
2.89%
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.)
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