Question: You plan to buy two stocks A and B You

You plan to buy two stocks: A and B. You estimate that stock A has an 80% chance of increasing in value. You estimate that stock B has a 70% chance of increasing in value. You also estimate that if stock A increases in value, the chance that stock B will increase jumps to 75%.
a. What’s the probability that both stocks increase in value?
b. What’s the probability that at least one of the stocks—either A or B or both— will increase in value?

View Solution:


Sale on SolutionInn
Sales1
Views99
Comments
  • CreatedJuly 16, 2015
  • Files Included
Post your question
5000