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Please help me solve this question for a b and c this course is business analytics (mos 2298) thanks The probabilities that stock A will
Please help me solve this question for a b and c
this course is business analytics (mos 2298)
thanks
The probabilities that stock A will rise in price is 0.51 and that stock B will rise in price is 0.49. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.62. a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.) Probability b. Are events A and B mutually exclusive? Yes because PAI B) = PA). Yes because Plan B) = 0. O No because PIAI BE PA). O No because PAN B) + 0. c. Are events A and B independent? Yes because PAB) = PA). Yes because PAN B) = 0. O No because PAB) PLA). O No because Plan B +0. The probabilities that stock A will rise in price is 0.51 and that stock B will rise in price is 0.49. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.62. a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.) Probability b. Are events A and B mutually exclusive? Yes because PAI B) = PA). Yes because Plan B) = 0. O No because PIAI BE PA). O No because PAN B) + 0. c. Are events A and B independent? Yes because PAB) = PA). Yes because PAN B) = 0. O No because PAB) PLA). O No because Plan B +0Step by Step Solution
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