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The Closing Price of a Company's Stock Tomorrow Can Be

question 56

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The closing price of a company's stock tomorrow can be lower, higher or the same as today's closing price. Based on the closing price of the stock collected over the last month, 25% of the days the closing price was higher than previous day's closing price, 45% was lower than previous day's and 30% was the same as previous day's. Based on this information, the probability that tomorrow's closing price will be higher than today's is 25%. This is an example of using which of the following probability approach?


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Customer Relationship Management

A strategy for managing interactions with current and potential customers, often using data analysis to enhance business relationships.

Special-run Issues

Limited edition publications or productions focusing on specific topics or events, often with unique content.

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