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Mathematics, 10.03.2020 00:33 aksatx4035
An investment analyst has tracked a certain bluechip stock for the past six months and found that on any given day, it either goes up a point or goes down a point. Furthermore, it went up on 25% of the days and down on 75%. What is the probability that at the close of trading four days from now, the price of the stock will be the same as it is today? Assume that the daily fluctuations are independent event
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