SOLUTION: According to the "January theory," if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According

Algebra ->  Probability-and-statistics -> SOLUTION: According to the "January theory," if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According      Log On


   

Question 577294: According to the "January theory," if the stock market is up for the month of January, it will be up for the year. If it is down in January, it will be down for the year. According to an article in The Wall Street Journal, this theory held for 25 out of the last 34 years. Suppose there is no truth to this theory; that is, the probability it is either up or down is 0.5.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Plenty of information. But what is the question?
Cheers,
Stan H.