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Black_prince [1.1K]
3 years ago
5

Joe owns a stock which has probability .5 of going up. This morning, he bought a ticket in a lottery game which gives him a prob

ability .0001 of winning. What is the probability that Joe's stock will go up and he will win in the lottery? Your answer should keep 5 positions to the right of the decimal, like .43212
Mathematics
1 answer:
yKpoI14uk [10]3 years ago
7 0

Answer:

0.00005

Step-by-step explanation:

The probability of the stock going up and that of winning in the lottery are independent.

Hence, the probability of both = P(stock going up) × P(winning in the lottery) = 0.5 × 0.0001 = 0.00005

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