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Suppose there are 500 stock market investors trying to predict whether the market will go up and down, and each year exactly half of them guess right. Approximately how many of …
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Suppose there are 500 stock market investors trying to predict whether the market will go up and down, and each year exactly half of them guess right. Approximately how many of …
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Nov 13, 2023
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Suppose there are 500 stock market investors trying to predict whether the market will go up and down, and each year exactly half of them guess right. Approximately how many of these investors, on average, will be right two years in a row
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Answer:
six
(200 x (0.5)^6 = 200 x 0.015625 = 3.125
Step-by-step explanation:
Arpan Das
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Nov 16, 2023
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