Question: Problem 1 . ( 2 / 2 0 points ) Suppose that we wish to predict whether a given stock will issue a dividend this

Problem 1.(2/20 points) Suppose that we wish to predict whether a given stock will issue a dividend this year (Yes or No) based on X, last years percent profit. We examine a large number of companies and discover that the mean value of X for companies that issued a dividend was X =10, while the mean for those that didnt was X =0. In addition, the variance of X for these two sets of companies was 2=36. Finally, 80% of companies issued dividends. Assuming that X follows a normal distribution, predict the probability that a company will issue a dividend this year given that its percentage profit was X =4 last year

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