year, probabiim jump the stock market will decline, what is the probability that interest rates will jump and the stock market will decline? O (0.72)(0.65) O 1- (0.72)(0.65) O 0.72 + 0.65 - (0.72)(0.65) O 0.65/0.72 O 1- 0.65/0.72

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CR: Chapter Review
Problem 35E
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Given a probability of 0.65 that interest rates will jump this year, and a probability of 0.72 that if interest rates
jump the stock market will decline, what is the probability that interest rates will jump and the stock market will
decline?
O (0.72)(0.65)
O 1- (0.72)(0.65)
O 0.72 + 0.65 - (0.72)(0.65)
O 0.65/0.72
O 1- 0.65/0.72
Transcribed Image Text:Given a probability of 0.65 that interest rates will jump this year, and a probability of 0.72 that if interest rates jump the stock market will decline, what is the probability that interest rates will jump and the stock market will decline? O (0.72)(0.65) O 1- (0.72)(0.65) O 0.72 + 0.65 - (0.72)(0.65) O 0.65/0.72 O 1- 0.65/0.72
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