At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an advancing stock was listed on Exchange 1. Percentage of Probability of Probability of Stock Advancing Probability the Stocks Remain Unchanged Companies Stock Exchange Exchange 1 Exchange 2 Listed Declining 54.8% 45.2% 0.684 0.267 0.041 0.657 0.297 0.046 ..... The probability that an advancing stock was listed on Exchange 1 is. (Round to three decimal places as needed.)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 18T: You attend a karaoke night and hope to hear your favorite song. The karaoke song book has 300...
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At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing,
declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an advancing stock was listed on Exchange 1.
Percentage of Probability of Probability of
Companies
Probability the
Stock
Stock
Stocks Remain
Exchange
Exchange 1
Exchange 2
Declining
0.267
Listed
Advancing
Unchanged
0.041
54.8%
0.684
45.2%
0.657
0.297
0.046
.....
The probability that an advancing stock was listed on Exchange 1 is
(Round to three decimal places as needed.)
Transcribed Image Text:At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an advancing stock was listed on Exchange 1. Percentage of Probability of Probability of Companies Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Declining 0.267 Listed Advancing Unchanged 0.041 54.8% 0.684 45.2% 0.657 0.297 0.046 ..... The probability that an advancing stock was listed on Exchange 1 is (Round to three decimal places as needed.)
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