Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 27 Oct 2017 My Price 3.00

market performance

Stocks. Since the stock market began in 1872, stock prices have risen in about 73% of the years. Assuming that market performance is independent from year to year, what’s the probability that

a) the market will rise for 3 consecutive years?

b) the market will rise 3 years out of the next 5?

c) the market will fall during at least 1 of the next 5 years?

d) the market will rise during a majority of years over the next decade?

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Oct 2017 09:10 PM My Price 3.00

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