Examlex
Corn is currently selling for $6.15 a bushel while the 3-month futures price is $6.20.Carlos believes that corn will actually sell for $6.45 a bushel 3 months from now.Which one of the following positions in corn should he take today,given this belief?
P(A and B)
The probability that both events A and B occur.
P(A)
The probability of event A occurring, an elementary concept in probability and statistics.
P(B)
The likelihood that event B will happen.
Drunk Drivers
Individuals who operate a vehicle while under the influence of alcohol, significantly increasing the risk of accidents and impairments in judgement and coordination.
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