The probability of the Dow-Jones index rising on the first day of trading next week is thought to be 0.6. If it does rise then the probability that the value of shares in a publishing company will rise is 0.8. If the index does not rise then the publishing company's shares will only have a 0.3 probability of rising. What is the probability that the publishing company's shares will rise in value on the first day of trading next week?

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Given Probability of Dow Jones Index to rise on first day of trading next week is 06 He... View the full answer