The probability that the stock market goes up Monday is 0.6; given that it went up on Monday, the probability that it goes up on Tuesday is 0.3; and, finally, given that it went up on Monday and Tuesday, the probability that it goes up on Wednesday is 0.4. Find the probability that a) the stock market goes up on all three days, b) the stock market goes up on Monday and Tuesday, but not on Wednesday.

The probability that the stock market goes up Monday is 0.6; given that it went up on Monday, the probability that it goes up on Tuesday is 0.3; and, finally, given that it went up on Monday and Tuesday, the probability that it goes up on Wednesday is 0.4. Find the probability that a) the stock market goes up on all three days, b) the stock market goes up on Monday and Tuesday, but not on Wednesday.

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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