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

1 answer:

5 0

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

<h3>What is the probability?</h3>

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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