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Category > Business & Finance Posted 20 Jun 2017 My Price 8.00

Suppose that, with probability .

Suppose that, with probability .52, the closing price of a stock is at least as high as the close on the previous day, and that the results for succesive days are independent. Find the probability that the closing price goes down in each of the next four days, but not on the following day.

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Status NEW Posted 20 Jun 2017 07:06 AM My Price 8.00

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