Estimate probability at least two of stocks increase value

Reference no: EM13129092

An investor owns three 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. Estimate the probability at least two of the stocks increase in value. Estimate the probability at least two of the stocks increase in value.

Reference no: EM13129092

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