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What is the probability that at least one of the stocks

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The probabilities that stock A will rise in price is 0.48 and that stock B will rise in price is 0.52. Further, if stock B rises in price, the probability that stock A will also rise in price is 0.25.

a. What is the probability that at least one of the stocks will rise in price? (Round your answer to 2 decimal places.)

b. Are events A and B mutually exclusive?

-Yes because P(A | B) = P(A).
-Yes because P(A ∩ B) = 0.
-No because P(A | B) ≠ P(A).
-No because P(A ∩ B) ≠ 0.

c. Are events A and B independent?

-Yes because P(A | B) = P(A).
-Yes because P(A ∩ B) = 0.
-No because P(A | B) ≠ P(A).
-No because P(A ∩ B) ≠ 0.

Reference no: EM132845145

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