The probability that stock A will rise in price is 0.63 and that stock B will rise in price is 0.37. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.68. What is the probability that at least one of the stocks will rise in price? Note: Round your answer to 2 decimal places. Are events A and B mutually exclusive? multiple choice 1 Yes because P(A | B) = P(A). Yes because P(A ∩ B) = 0. No because P(A | B) ≠ P(A). No because P(A ∩ B) ≠ 0. Are events A and B independent? multiple choice 2 Yes because P(A | B) = P(A). Yes because P(A ∩ B) = 0. No because P(A | B) ≠ P(A). No because P(A ∩ B) ≠ 0.
The probability that stock A will rise in price is 0.63 and that stock B will rise in price is 0.37. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.68. What is the probability that at least one of the stocks will rise in price? Note: Round your answer to 2 decimal places. Are events A and B mutually exclusive? multiple choice 1 Yes because P(A | B) = P(A). Yes because P(A ∩ B) = 0. No because P(A | B) ≠ P(A). No because P(A ∩ B) ≠ 0. Are events A and B independent? multiple choice 2 Yes because P(A | B) = P(A). Yes because P(A ∩ B) = 0. No because P(A | B) ≠ P(A). No because P(A ∩ B) ≠ 0.
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 probability that stock A will rise in price is 0.63 and that stock B will rise in price is 0.37. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.68.
-
What is the probability that at least one of the stocks will rise in price?
Note: Round your answer to 2 decimal places.
-
Are
events A and B mutually exclusive?multiple choice 1
-
Yes because P(A | B) = P(A).
-
Yes because P(A ∩ B) = 0.
-
No because P(A | B) ≠ P(A).
-
No because P(A ∩ B) ≠ 0.
-
-
Are events A and B independent?
multiple choice 2
-
Yes because P(A | B) = P(A).
-
Yes because P(A ∩ B) = 0.
-
No because P(A | B) ≠ P(A).
-
No because P(A ∩ B) ≠ 0.
-
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman