Question
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
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
Given that a stock increased in price, what is the probability that it also paid dividends?
A. 0.1062
- B. 0.3103
- C. 0.3243
- D. 0.3150
- E. None of the above
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 randomly selected, what is the probability that it both increased in price and paid dividends?
A. 0.1062
- B. 0.1600
- C. 0.1506
- D. 0.1260
- E. None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started