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In 44 of the 70 years from 1935 through 2005 a certain stock market finished higher after the first week of trading In 40 of
In 44 of the 70 years from 1935 through 2005 a certain stock market finished higher after the first week of trading In 40 of those 44 years, this market finished higher for the year. The following thela gives the first-weak and annual performance of the market over this 70-your period. Use the table to answer (a) through (c) below. ANNUAL PERFORMANCE FIRST WEEK Higher Lowor Higher Lower a. If a year is selected at random, what is the probability that the market finished higher for the year? (Round to four decimal places as needed.) b. Given that the market finished higher after the first week of trading. what is the probability that it finished higher for the year? (Hound to four decimal places as needed.) c. Are the two events "first-wook performance" and "annual performance" independent? Explain, O A. Yes, the probabilities in (a) and (b) are not equal, which means that neither event affects the probability of occurence of the other over's O B. No, the probabilities in (a) and (b) are not equal, which means that one event affects the probability of occurence of the other event. O C You, the probabilities in (a) and (b] are equal, which means that neither event affects the probability of occurence of the other event Q D. No, the probabilnas in (aj and (b) are equal, which means that one event affects the probability of occurance of the other event 9 Time Remaining: 01:11:50 Next
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