Stocks Since the stock market began in 1872, stock prices have risen in about 73% of the years. Assuming that market performance is independent from year to year, what’s the probability that

a) the market will rise for three consecutive years?

b) the market will rise three out of the next five years?

c) the market will fall during at least one of the next five years?

d) the market will rise during a majority of years over the next decade?