Answered: The probability that the second stock…

Math

Probability

The probability that the second stock will have an above average return is__%

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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Question

Suppose two stocks have a correlation of 1 . If the first stock has an above average return this year, what is the probability that the second stock will have an above average return?

The probability that the second stock will have an above average return is__%

(Round to the nearest integer..)

Definition Definition Relationship between two independent variables. A correlation tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

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