Question

The probabilities that stock A will rise in price is 0.50 and that stock B will rise in price is 0.50. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.35. a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.) Probability b. Are events A and B mutually exclusive? Yes because P(A | B) = P(A). Yes because P(A ? B) = 0. No because P(A | B) ? P(A). No because P(A ? B) ? 0. c. Are events A and B independent? Yes because P(A | B) = P(A). Yes because P(A ? B) = 0. No because P(A | B) ? P(A). No because P(A ? B) ? 0.

          The probabilities that stock A will rise in price is 0.50 and that stock B will rise in price is 0.50. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.35.

a. What is the probability that at least one of the stocks will rise in price?
(Round your answer to 2 decimal places.)

Probability

b. Are events A and B mutually exclusive?

Yes because P(A | B) = P(A).
Yes because P(A ? B) = 0.
No because P(A | B) ? P(A).
No because P(A ? B) ? 0.

c. Are events A and B independent?

Yes because P(A | B) = P(A).
Yes because P(A ? B) = 0.
No because P(A | B) ? P(A).
No because P(A ? B) ? 0.

The probabilities that stock A will rise in price is 0.50 and that stock B will rise in price is 0.50. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.35.

a. What is the probability that at least one of the stocks will rise in price?
(Round your answer to 2 decimal places.)

Probability

b. Are events A and B mutually exclusive?

Yes because P(A | B) = P(A).
Yes because P(A ? B) = 0.
No because P(A | B) ? P(A).
No because P(A ? B) ? 0.

c. Are events A and B independent?

Yes because P(A | B) = P(A).
Yes because P(A ? B) = 0.
No because P(A | B) ? P(A).
No because P(A ? B) ? 0.

Added by John M.

Question

Please give Ace some feedback