document.write( "Question 1182141: Detailed analysis of two technology stocks indicates over the next six months the probability that the price of stock 1 will rise is 0.25 and for stock 2 the probability is 0.63. Suppose the stock prices react independently. What is the probability that both stock prices will rise over the next six months? Round your answer to 4 decimal places \n" ); document.write( "

Algebra.Com's Answer #812113 by ikleyn(52781) $\"\"$ $\"About$

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document.write( "Since the events are independent, the probability of the combined event is the product of the probabilities \r\n" );
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document.write( "of separate events.    P = 0.25*0.63 = 0.1575.    ANSWER\r\n" );
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