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PtichkaEL [24]
3 years ago
8

The likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30%. Assume tha

t the returns of Company A and Company B stock are independent of each other. The probability that the stock price of at least one of the companies will rise is ________.
Business
1 answer:
Volgvan3 years ago
6 0

Answer: 44%

Explanation:

In probability, Independent event is simply an event that doesn't have anything to do with the occurrence or non-occurrence of another event.

From the question, we are informed that likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30% and they are both independent.

Therefore, the probability that the stock price of at least one of the companies will rise goes thus:

P(at least one will rise) will be:

= 1 - P(both fall)

= 1 - [(1-0.20) × (1-0.30)]

= 1- (0.8 × 0.7)

= 1 - 0.56

= 0.44

= 44%

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The planning of this project must have several stages, in general they can be classified as planning, execution and review.

<h3>What is planning?</h3>

Planning is a term that refers to the decision-making process to achieve a specific objective taking into account the current situation and the internal and external factors that may influence the achievement of the objectives.

According to the above, planning would be the first process because in this we are going to draw a route of action in which we are going to specify all the tasks prior to the realization of the web page. This stage includes activities such as:

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In the execution stage, the creators of the page begin to work on the design and publication of the page, including all the information previously collected.

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Learn more about planning in: brainly.com/question/1933524

4 0
2 years ago
Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun t
Kazeer [188]

Answer:

stagflation

Explanation:

This country is undergoing a process of stagflation, which is the combination of stagnation in economic activity and high inflation. The recipe for stagflation is exactly as described. Decrease in real wages caused by the inflation process and decrease in consumption because agents are becoming poorer and more fearful about the future.

5 0
3 years ago
What isa survey?
Delicious77 [7]

Answer:

It is a research method where the researcher assembles small

3 0
3 years ago
McGill purchases additional office equipment to better serves its customers. This purchase is classified as what type of activit
anastassius [24]

Answer: Investing activity.

Explanation:

McGill purchase of office equipment to better serve their customers is an investing activity. An investing activity is the cost recorded by a business organization on investments and procurement of equipments for smooth business operations.

3 0
3 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $43,1
blsea [12.9K]

Answer:

$33,900

Explanation:

Step 1 Determined the Contribution Margin for Division A and Division B

Division A

Contribution Margin                                     $43,100

Division B

Contribution Margin ($201,000×40%)        $80,400

Step 2 Determine the common fixed expenses from the Total Operating Income

Company

Contribution Margin ($43,100+ $80,400)                $123,500

Less Traceable Fixed Expenses                               ($56,900)

Less Common Fixed Expenses (<em>Balancing figure</em>)  ($33,900)

Net Operating Income                                                 $32,700

Therefore, Corbel Corporation's common fixed expenses were $33,900

7 0
3 years ago
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