If a stock is selected at random, what is the probability it paid dividend?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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An investment analyst collects data on stocks and notes whether or not dividend were paid and whether or not the stocks increased in price over a given period. Data are presented in the following table:
Price Increase No Price Increase
Dividends paid 40 75
No dividends paid 87 48
If a stock is selected at random, what is the probability it paid dividend?
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