Question:

10 The table below cross classifies the price of 487 stocks

Last updated: 6/22/2023

10 The table below cross classifies the price of 487 stocks

10 The table below cross classifies the price of 487 stocks in a particular stock exchange with whether the earnings per share ratio was positive or not Use the data in the table to find the probability that the price of the stock is less than 50 ar the eamings per share ratio is negative or 0 Price of Stock 0 49 99 26 APE 457 BP E OC P E 50 00 99 99 100 00 or higher Set up an equation to find the probability of the event occurring Choose the correct answer below Oo P E Negative or C 26 26 14 7 26 126 Earnings per Share 26 126 487 26 14 7 Positive 126 184 130 The probability that the price of the stock is less than 50 and the eamings per share ratio is negative or 0 is Round in In