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(Solved): In 52 of the 80 years from 1928 through 2007 a certain stock market finished higher afier the first ...




In 52 of the 80 years from 1928 through 2007 a certain stock market finished higher afier the first week of trading. In 41 of
In 52 of the 80 years from 1928 through 2007 a certain stock market finished higher afier the first week of trading. In 41 of those 52 yeurs, this market finished higher for the year. The following table gives the first-week and annual performanoe of the market over this 80 -year period. Use the table to answer (a) through (c) below. a. If a year is solected at random, what is the probabity that the market finiched higher for the yoar? (Round to four decimal places as needed.)


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Answer:From the given data, Annual P
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