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ase in value), move down (decrease in value) or stay the same. In this case, an experiment consists of observing the price condition across the three stocks.  Each of the three conditions (move up, move down, stay same) are equally likely. How many outcomes are in the sample space? List 7 of the outcomes. (use U for move up, D for moving down and S for staying the same) Let A be the event that all the stocks have the same performance. List the outcomes in A. Let B be the event that all of stocks are different. List the o

ase in value), move down (decrease in value) or stay the same. In this case, an experiment consists of observing the price condition across the three stocks.  Each of the three conditions (move up, move down, stay same) are equally likely. How many outcomes are in the sample space? List 7 of the outcomes. (use U for move up, D for moving down and S for staying the same) Let A be the event that all the stocks have the same performance. List the outcomes in A. Let B be the event that all of stocks are different. List the o

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 60SE: Use this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the...
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  1. You are analyzing stocks of three companies you are interested in investing in. Suppose that these three stocks are Apple stock (AAPL), Microsoft (MSFT), and Tesla (TSLA). At the end of this month, each month may move up (increase in value), move down (decrease in value) or stay the same. In this case, an experiment consists of observing the price condition across the three stocks.  Each of the three conditions (move up, move down, stay same) are equally likely.
  2. How many outcomes are in the sample space?
  3. List 7 of the outcomes. (use U for move up, D for moving down and S for staying the same)
  4. Let A be the event that all the stocks have the same performance. List the outcomes in A.
  5. Let B be the event that all of stocks are different. List the outcomes in B.
  6. Let C be the event that at least two stocks move up.
  7. Are events A and C mutually exclusive?
  8. Are events B and C mutually exclusive?
  9. What is the probability of ?
  10. What is the probability of ?
  11. What is the probability of ?
  12. What is the probability of ?
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