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At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day,
At the close of the stock markets on a day in 2017, there were 6100 companies listed with certain stock exchanges. On this day, the probabilities of advancing, declining. and unchanged company stocks appears in the table for the two exchanges. Find the probability that a stock was listed on Exchange 2 given that it declined. Exchange Exchange 1 Exchange 2 Percentage of Probability of Probability of Probability the Stock Stocks Remain Companies Listed 0.5321 Advancing 0.7202 0.4679 0.6077 Let F be Exchange 2 and E be a decline. P(F)= and P (F') = Stock Declining 0.2461 0.3415 Unchanged 0.0337 0.0508 The probability that a stock was listed on Exchange 2 given that it declined is (Do not round until the final answer. Then round to four decimal places as needed.)
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