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Suppose that, for any given year, the probabilities that the stock market declines, that women's hemlines are lower, and that both events occur are, respectively,
Suppose that, for any given year, the probabilities that the stock market declines, that women's hemlines are lower, and that both events occur are, respectively, .4, .35, and .3. Are the two events independent?
Question Options:
A. There is insufficient information to answer this question.
B. No, because .5(.3 + .4) = .35.
C. Yes, because (.4)(.35) <> .3.
(<> means not equal)
D. Yes, because .4 > .35 > .3.
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