Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange.
On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two
exchanges. Find the probability an unchanged stock was listed on Exchange 1.
Exchange
Exchange 1
Exchange 2
Percentage of Probability of Probability of
Stock
Stock
Companies
Listed
Advancing
Declining
0.045
0.267
0.047
0.297
54.4%
45.6%
The probability that an unchanged stock was listed on Exchange 1 is
(Round to three decimal places as needed.)
Probability the
Stocks Remain
Unchanged
0.045
0.047
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Transcribed Image Text:At the close of the stock markets on a day in 2013, there were 5905 companies listed with a certain stock exchange. On this day, the probabilities of advancing, declining, and unchanged company stocks appears in the table for the two exchanges. Find the probability an unchanged stock was listed on Exchange 1. Exchange Exchange 1 Exchange 2 Percentage of Probability of Probability of Stock Stock Companies Listed Advancing Declining 0.045 0.267 0.047 0.297 54.4% 45.6% The probability that an unchanged stock was listed on Exchange 1 is (Round to three decimal places as needed.) Probability the Stocks Remain Unchanged 0.045 0.047
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