Mathematics, 23.01.2020 21:31 xemnas1994
Between 1872 and 2000, stock prices rose in 74% of the years (m. hulbert, the stock market 1 answer below »
between 1872 and 2000, stock prices rose in 74% of the years (m. hulbert, the stock market must rise in 2002? think again, the new york times, december 6, 2001, business, p. 6). based on this information, and assuming a binomial distribution, what do you think the probability is that the stock market will rise
a next year b the year after next c in four of the next 5 years d in none of the next 5 years e for this situation what assumption of the binomial distribution might not be valid?
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