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An investment analyst has tracked a certain fund and found that it moves independently day to day, up or down a point. The probability
An investment analyst has tracked a certain fund and found that it moves independently day to day, up or down a point. The probability of going up is 60%. What is the probability that four days from now, the price will be the same as now?
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Discrete Mathematics and Its Applications
Authors: Kenneth H. Rosen
7th edition
0073383090, 978-0073383095
