Question

A researcher estimates that the probabilities of share C and D increasing are 61% and 75%...

A researcher estimates that the probabilities of share C and D increasing are 61% and 75% respectively.

The event that share C increases is denoted by C, and the event that share D increases is denoted by D.

Assume that share can increase or decrease only.

(1) If events C and D are independent, what is the probability that both shares increase?

(2) Show that the probability of both shares increasing cannot be less than 36%, no matter whether events C and D are independent or not.

(3) Assume it is impossible for both shares to decrease, what is the probability that both shares increase?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Pearson Ltd is financed through the following sources:  Ordinary share: 100 million shares outstanding, with...
Pearson Ltd is financed through the following sources:  Ordinary share: 100 million shares outstanding, with current market price of one share at $2.2  Bank loan: $100 million borrowed from ANZ bank with an interest rate of 6%  Corporate bond: Pearson’s corporate bond is currently trading at 80% of its face value. The bonds pay coupons once per annum and have a total book value of $100 million. The current yield to maturity on the bond is 8%...
1. Let A denote the event that a particular stock outperforms the market and let B...
1. Let A denote the event that a particular stock outperforms the market and let B denote the event that the economy is experiencing rapid economic growth. Suppose that P(A) = 0.40, P(B) = 0.50 and P(A/B) is 0.20. Therefore, the two events A and B are probabilistically independent. True False 2. A manager estimates that demand for their company's product will increase within the next 2 quarters with probability 0.55. This is an example of a a. objective probability...
2. Probability (30%). Figure out the probability in the following scenarios. (a) A number generator is...
2. Probability (30%). Figure out the probability in the following scenarios. (a) A number generator is able to generate an integer in the range of [1, 100], where each number has equal chances to be generated. What is the probability that a randomly generated number x is divisible by either 2 or 3, i.e., P(2 | x or 3 | x)? (5%) (b) In a course exam, there are 10 single-choice questions, each worthing 10 points and having 4 choices...
1.) True or False? For all societies, resources are scarce, and technology is limited, while people’s...
1.) True or False? For all societies, resources are scarce, and technology is limited, while people’s wants and needs for goods and services seem to be unlimited. (2 points) 2.) (1 point) Adam Smith’s “invisible hand” refers to a.) the subtle and often hidden methods that businesses use to profit at consumers’ expense. b.) the ability of free markets to reach desirable outcomes, despite the self-interest of market participants. c.) the ability of government regulations to benefit consumers, even if...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme values in the data set is the a. range b. median c. mode d. mean 2. If two events are independent, then a. they must be mutually exclusive b. the sum of their probabilities must be equal to one c. their intersection must be zero d. None of these alternatives is correct. any value between 0 to 1 3. Two events, A and B,...
Please show work/formulas and financial calculator steps, if used. Answer as much as you can (The...
Please show work/formulas and financial calculator steps, if used. Answer as much as you can (The following information applies to Problems 1-4) The Collins Group, a leading producer of custom automobile accessories, has hired you to estimate the firm's weighted average cost of capital. The balance sheet and some other information are provided below. Assets Current assets                                        $ 38,000,000 Net plant, property, and equipment                    101,000,000 Total assets                                          $139,000,000 Liabilities and Equity Accounts payable                                      $ 10,000,000 Accruals                                                9,000,000 Current liabilities                                   $...
Total utility can be objectively measured in numbers that indicate usefulness or benefit to the consumer....
Total utility can be objectively measured in numbers that indicate usefulness or benefit to the consumer. ____ 2. Consumers should purchase quantities of a good to the point where MU > P. ____ 3. Voluntary exchange requires that there must be mutual gain. ____ 4. Points along a budget line represent the maximum combinations of two commodities that a consumer can afford. ____ 5. The budget line represents a consumer's preferences for a commodity. ____ 6. A change in consumer...
When is a hypothesis considered scientific? a. when it is based on something other than observation...
When is a hypothesis considered scientific? a. when it is based on something other than observation b. when it can be tested and is refutable c. when it relies on anecdotal evidence d. when it relies on mystical explanations e. All hypotheses are considered scientific until experiments determine otherwise. 3. Of the following, which is the earliest step in the scientific process? a. generating a hypothesis b. analyzing data c. conducting an experiment d. drawing a conclusion e. developing a...
QUESTION 1 ? What is the relationship between family dysfunction and schizophrenia? a. ?Research has substantiated...
QUESTION 1 ? What is the relationship between family dysfunction and schizophrenia? a. ?Research has substantiated a link between family dysfunction and schizophrenia but can't say which causes the other. b. ?Family dysfunction is a major causative factor for schizophrenia. c. ?Research has failed to substantiate a direct causal link between family dysfunction and schizophrenia. d. ?Family dysfunction plays a minor role in developing schizophrenia. 1.00000 points    QUESTION 2 ? Chuck has no life plan; he simply lives from...
4) In order to determine the best-selling style of tennis rackets that are sold in State...
4) In order to determine the best-selling style of tennis rackets that are sold in State College, you have collected data from all sporting goods stores in town. A tennis racket is classified by both its head size and grip size. The Excel sheet “Sales Data Tennis Rackets” in Module 3 contains the data you collected for sales of tennis rackets. Each entry in the Excel sheet represents the sale of one tennis racket. You will have to separate your...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT