In a certain year, the probability that a stock was in the Information Technology sector was 0.1357. The probability that the stock had a dividend yield of 2.00% or higher given that it was in the Information Technology sector was 0.2895. The probability that a stock had a dividend yield of 2.00% or higher given that it was not in the Information Technology sector was 0.4324. Find the probability that the stock was not in the Information Technology sector given that it did not have a dividend yield of 2.00% or higher. Let F be the event that a stock was not in the Information Technology sector and E be the event that a stock did not have a dividend yield of 2.00% or higher. P(F) = and P(F') =D

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
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In a certain year, the probability that a stock was in the Information Technology sector was 0.1357. The probability that the stock had a dividend yield of 2.00% or higher
given that it was in the Information Technology sector was 0.2895. The probability that a stock had a dividend yield of 2.00% or higher given that it was not in the
Information Technology sector was 0.4324. Find the probability that the stock was not in the Information Technology sector given that it did not have a dividend yield of
2.00% or higher.
Let F be the event that a stock was not in the Information Technology sector and E be the event that a stock did not have a dividend yield of 2.00% or higher.
P(F) =
- D
and P (F') = |
%3D
rel
em
Transcribed Image Text:In a certain year, the probability that a stock was in the Information Technology sector was 0.1357. The probability that the stock had a dividend yield of 2.00% or higher given that it was in the Information Technology sector was 0.2895. The probability that a stock had a dividend yield of 2.00% or higher given that it was not in the Information Technology sector was 0.4324. Find the probability that the stock was not in the Information Technology sector given that it did not have a dividend yield of 2.00% or higher. Let F be the event that a stock was not in the Information Technology sector and E be the event that a stock did not have a dividend yield of 2.00% or higher. P(F) = - D and P (F') = | %3D rel em
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