Use the applet entitled Simulating the Stock Market to estimate the probability that the stock market will

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Use the applet entitled Simulating the Stock Market to estimate the probability that the stock market will go up each of the next two days. Repeatedly run the applet for n = 2, recording the number of ups each time. Use the proportion of 2's among your results as the estimate of the probability. Compare your answer with the binomial probability where x = 2, n = 2, and p = 0.5.
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Statistics

ISBN: 9780134080215

13th Edition

Authors: James T. McClave

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