Probabilities are used to determine the chances of events.
The probability P(the stock performs below average|domestic) is 0.109
<h3>How to calculate the probability</h3>
Let A represent the number of stocks that performs below average
B represents the number of domestic stock
From the table, we have:
n(A n B) = 55 i.e. domestic stocks that performs below average
n(B) = 505 i.e. all domestic stocks
The probability is then calculated as:
This gives
Hence, the probability P(the stock performs below average|domestic) is 0.109
Read more about probabilities at:
brainly.com/question/25870256