Answer:
answer is 0.001254.
Step-by-step explanation:
Given that you invested in 3 stocks of Engineering Aces, Upton Clothiers, and Thompson Musical Instruments.
Also given that each stock value is independent of the other.
Let E be the event changing in value by more than 10% in a given week for Engineering Aces,
U be the event changing in value by more than 10% in a given week for Upton Clothiers, and T be the event changing in value by more than 10% in a given week for Thompson Musical Instruments.
Given that P(E) = = 19%
P(U) = 11%
P(T) = 6%
probability that all three will change by more than 10% in the same week
= P(EUT)
= P(E) P(U) P(T) since three events are independent.
=0.19(0.11)0.06
= 0.001254
Answer:
0.3164 = 31.64% probability the team wins all its conference games
Step-by-step explanation:
For each conference game, there are only two possible outcomes. Either the team wins it, or they lose. The probability of winning a game is independent of any other game. This means that the binomial probability distribution is used to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
A football team has a probability of .75 of winning when playing any of the other four teams in its conference.
The probability means that , and four games means that
If the games are independent, what is the probability the team wins all its conference games?
This is P(X = 4). So
0.3164 = 31.64% probability the team wins all its conference games
Answer:
Step-by-step explanation: