How do I order rational and irrational numbers from least to greatest
1 answer:
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Answer:
Both the stock have the same expected return.
Step-by-step explanation:
In year 1 the return earned by stocks A and B are:
Stock A = 2% return
Stock B = 9% return
In year 2 the return earned by stocks A and B are:
Stock A = 18% return
Stock B = 11% return
Compute the expected return for stock A as follows:
Compute the expected return for stock B as follows:
Thus, both the stock have the same expected return.
Using conditional probability, it is found that there is a 0.035 = 3.5% probability that a hospital patient has both Medicare and Medicaid.
<h3>What is Conditional Probability?</h3>- <em>Conditional probability</em> is the <u>probability of one event happening, considering a previous event</u>. The formula is:
In which
- P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
- P(A) is the probability of A happening.
In this problem, the events are:
- Event A: Patient has Medicare.
- Event B: Patient has Medicaid.
For the probabilities, we have that:
- 35% of the patients have Medicare, hence
.
- Of those who have Medicare, there is a 10% chance they also have Medicaid, hence
.
Then, applying the <em>conditional </em>probability:
0.035 = 3.5% probability that a hospital patient has both Medicare and Medicaid.
You can learn more about conditional probability at brainly.com/question/14398287