Can I have the right answer with solution here? Thanks 1. An investor has six stocks that she follows each day.The random variable being studied is X, the number ofstocks that increases in value each day. The probabilityfunction for this variable is shown below.A. Find the probability that on a given day,majority of the stocks will increase in value.B. Find the probability that on a given day,minority of the stocks will increase in value.14f(x)0.060.57215 0.0023 0.02210.003450.090.25

Answered: Image /qna-images/answer/e05f8ace-f58d-45f0-a04e-b192dac235a4.jpg

Answered: A. Find the probability that on a given…

A. Find the probability that on a given day, majority of the stocks will increase in value. В. Find the probability that on a given day, minority of the stocks will increase in value.

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 26E

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Question

Can I have the right answer with solution here? Thanks

1. An investor has six stocks that she follows each day.
The random variable being studied is X, the number of
stocks that increases in value each day. The probability
function for this variable is shown below.
A. Find the probability that on a given day,
majority of the stocks will increase in value.
B. Find the probability that on a given day,
minority of the stocks will increase in value.
1
4
f(x)
0.06
0.57215 0.0023 0.02210.00345
0.09
0.25

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