A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?

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asked Jan 21, 2019 26.0k views

1 Answer

Gopal Samant · Answer 1 · 2019-01-26T19:31:03+0000

This is a counting question

First stock has 3 choices
Second stock has 3 choices
Third stock has 3 choices
:
:
The sixth stock has 3 choices.

Therefore the total number of choices is
3 * 3 * 3 * 3 * 3 * 3 = 3^6 = 729

Answer 729

A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?

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