At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it advanced. Percentage of | Probability of Probability of Companies Listed Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Advancing Declining 0.2466 Unchanged 0.0297 0.5052 0.7237 0.4948 0.6009 0.3455 0.0536 Let F be Exchange 2 and E be an advance. P(F) = .4948 and P(F') = .5052 The probability that a stock was listed on Exchange 2 given that it advanced is (Do not round until the final answer. Then round to four decimal places as needed.)
At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it advanced. Percentage of | Probability of Probability of Companies Listed Probability the Stock Stock Stocks Remain Exchange Exchange 1 Exchange 2 Advancing Declining 0.2466 Unchanged 0.0297 0.5052 0.7237 0.4948 0.6009 0.3455 0.0536 Let F be Exchange 2 and E be an advance. P(F) = .4948 and P(F') = .5052 The probability that a stock was listed on Exchange 2 given that it advanced is (Do not round until the final answer. Then round to four decimal places as needed.)
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 5SE: The union of two sets is defined as a set of elements that are present in at least one of the sets....
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you