Question

134 A financial analyst believes that if interest rates decrease in a given period then the

Answer 1

The probability that the market will go up and interest rate will go down during the period in question is 0.03.

What is the probability?

Probability determines the chances that an event would happen. The probability the event occurs is 1 and the probability that the event does not occur is 0.

The probability that the market will go up and interest rate will go down  = 0.08 X 0.40 = 0.03

To learn more about probability, please check: brainly.com/question/13234031

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