1.)the chair of the board of directors says, \"there is a 50%chance this company will earn a profit, a 30% chance it will losemoney next quarter.\" a.) use an addition rule to find theprobability the company will not lose money next quarter B.) use hecomplement rule to find the probability it will not lose money nextquarter.
2.)suoose P(X1 )=.75 andP(Y2|X1)=.40. what is the joint probabilityof X1 & Y2
3.)An investor owns three common stocks. Each stock, independentof the others, has equally likely chances of (1) increasing invalue. (2) decreasing in value, or (3) remaining same value. Listthe possible outcomes of this experiment. Estimate the probabilityat least two of the stocks increase in value.
