Question

The probabilities that stock A will rise in price is 0.40 and that stock B will rise in price is 0.60. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.80.
a. What is the probability that at least one of the stocks will rise in price?
b. Are events A and B mutually exclusive? Explain.
c. Are events A and B independent? Explain.



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  • CreatedJanuary 28, 2015
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