If your trading systerm has a losing percentage of 45%, how likely it is to have a series of four losses in a row?   1%   2.25%   45%   4.10%

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 1C
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If your trading systerm has a losing percentage of 45%, how likely it is to have a series of four losses in a row?

 

1%

 

2.25%

 

45%

 

4.10%

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