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According to Random-Walk Theory,what Are the (Approximate)odds That a Stock

question 89

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According to random-walk theory,what are the (approximate) odds that a stock will increase in price after having increased on two consecutive days of trading?


Definitions:

Olfactory Bulbs

Structures located in the forebrain involved in the sense of smell, processing odors detected by nasal receptors.

Limbic System

In humans, functional association of various brain centers, including the amygdala and hippocampus; governs learning and memory and various emotions such as pleasure, fear, and happiness.

Pons

Portion of the brain stem above the medulla oblongata and below the midbrain; assists the medulla oblongata in regulating the breathing rate.

Medulla

An inner region or core in various structures, often used to refer to the medulla oblongata, a part of the brainstem that controls vital functions.

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