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The Likelihood of Company A's Stock Price Rising Is 20

question 20

Multiple Choice

The likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30%. Assume that the returns of Company A and Company B stock are independent of each other. The probability that the stock price of at least one of the companies will rise is ________.

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Definitions:

Negative Instances

Examples or cases that do not support a general rule or hypothesis.

Positive Instances

Examples or cases that confirm a particular rule or theory.

Complete Enumeration

A method of solving problems by listing all possible solutions.

Generalization

A broad statement or an idea that applies to a group of items or situations, often derived from specific instances.

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