Jason owns three (3) stocks (stock 1, 2, and 3). All stocks were companies in the same industry. Reviewing the economic outlook, there is a 40% probability stock 1 will increase this year, 60% probability stock 2 will increase this year, and 75% probability stock 3 will increase. If stock 2 increases, there is an 80% chance stock 1 will increase. If stock 1 increases there is a 70% probability stock 3 will increase.

What is the probability stocks 1 and 2 will increase this year?

Answer rating: 100% (QA)

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