An Investment Advisor Recommends the Purchase of Stock Shares in Infomatics,Inc.He

question 12

Short Answer

An investment advisor recommends the purchase of stock shares in Infomatics,Inc.He has made the following predictions:
P(Stock goes up 20% | Rise in GDP)= .6
P(Stock goes up 20% | Level GDP)= .5
P(Stock goes up 20% | Fall in GDP)= .4
An economist has predicted that the probability of a rise in the GDP is 30%,whereas the probability of a fall in the GDP is 40%.
a.What is the probability that the stock will go up 20%?
b.We have been informed that the stock has gone up 20%. What is the probability of a rise or fall in the GDP?

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Definitions:

Lysosomes

Organelles in cells that contain enzymes used to break down and recycle cellular debris and foreign substances.

White Blood Cell

A type of immune cell that is crucial in defending the body against infection and disease.

Fibroblast

Fibroblasts are the most common cells of connective tissue in animals, which produce and maintain the extracellular matrix, playing a crucial role in wound healing and tissue repair.

Liver Cells

Also known as hepatocytes, they are the main cells of the liver and play a vital role in metabolism, detoxification, and protein synthesis.