Question
The following table gives the counts for three price categories of 508 stocks in a stock portfolio. Price $0-$49.99 Count 153 $50-$99.99 206 $100
The following table gives the counts for three price categories of 508 stocks in a stock portfolio. Price $0-$49.99 Count 153 $50-$99.99 206 $100 or higher 149 Find the probability that a stock in the portfolio is below $50. How many stocks are below $50? stock(s) The probability is (Round to four decimal places as needed.)
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Complete Business Statistics
Authors: Amir Aczel, Jayavel Sounderpandian
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