Question: Please provide your work draw one stock at random from the following. All stocks are equally likely to be chosen. 500 stocks are Manufacturing stocks,
Please provide your work

draw one stock at random from the following. All stocks are equally likely to be chosen. 500 stocks are Manufacturing stocks, of which 200 are small and 300 are large. 1000 stocks are Non-Manufacturing stocks, of which 600 are small and 400 are large. Event A is the event that I draw a Manufacturing stock. Event B is the event that I draw a large stock Answer the following questions (1 point each) i. How many possible outcomes are there in this experiment? Is each outcome equally likely? ii. What is the probability of event B? iii. What is the probability of event B AND A? What is the probability of B OR A occurring? Edit View Insert Format Tools Table 12pt Paragraph BIUA & TV & V
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
