Question 560293: an investor owns 3 common stocks. each stock, independent of the others, has equally likely chances of 1. increasing in value, 2. decreasing in value, or 3. remaining the same value. list the possible outcomes of this experiment. estimate at least two of the stocks increase in value.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! an investor owns 3 common stocks. each stock, independent of the others, has equally likely chances of
1. increasing in value,
2. decreasing in value, or
3. remaining the same value.
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list the possible outcomes of this experiment.
There are 3*3*3 = 27 possible outcomes
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Estimate at least two of the stocks increase in value.
Not sure what you are looking for here.
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Cheers,
Stan H.
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