Stocks Since the stock market began in 1872, stock prices have risen in about 73% of the

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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

1. The market will rise for 3 consecutive years?

2. The market will rise 3 years out of the next 5?

3. The market will fall during at least 1 of the next 5 years?

4. The market will rise during a majority of years over the next decade?

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Stats Data And Models

ISBN: 9780135163825

5th Edition

Authors: Richard D De Veaux, Paul F Velleman, David E Bock

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