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The following distribution gives the probability that the stock market closes higher than it opened for a certain number of days during the work week.
The following distribution gives the probability that the stock market closes higher than it opened for a certain number of days during the work week. For the following questions, go out to 3 decimal places as required. 0 1 2 3 4 5 0.12 0.19 0.39 0.15 0.1 ? a) Find the missing probability that the stock market closes higher than it opened for all five days during the work week. 0.05 Correct: Your answer is correct. b) What is the average number of days per week that the stock market closes higher than it opened? 3
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