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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The slope is 3/2
Steps:
4 - (-2) = 6
5 - (-4) = 9
Put into a fraction, with the y sum on top.
Reduce
Use the property of logs: a ln b = ln (b^a)
Also e and log are inverses, so the cancel each other
Answer: This is <u>not</u> a function
Why not?
The input x = 2 leads to more than one output. In this case, it leads to y = 20 and y = 40 simultaneously. This is the reason why we don't have a function. A function is only possible if each input x leads to exactly one y output.
Put another way: we cannot have x repeating any values if we want a function.
Side note: We could have y repeat however. So it's possible to have a function with the two points (1,5) and (3,5).
