A stock market analyst examined the prospects of the shares of a large number of corporations When the performance of these stocks was investigated one year later, it turned out that 25 performed much better than the market average, 25 , much worse, and the remaining 50 , about the same as the aver...

E 1 Stock performs much better than the market average E 2 Stock performs same as t ...

A stock market analyst examined the prospects of the shares of a large number of corporations. When

Question:

A stock market analyst examined the prospects of the shares of a large number of corporations. When the performance of these was investigated one year later, it turned out that 25% performed much better than the market average, 25%, much worse, and the remaining 50%, about the same as the average.
Forty percent of the that turned out to do much better than the market were rated good buys by the analyst, as were 20% of those that did about as well as the market and 10% of those that did much worse. What is the probability that a stock rated a good buy by the analyst performed much better than the average? Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...