The table below cross classifies the price of 486 stocks in
Last updated: 7/26/2022
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The table below cross classifies the price of 486 stocks in a particular stock exchange, with whether the earnings per share ratio was positive or not. Use the data in the table find the probability that the price of the stock is $50.00-$99.99 or the earnings per share ratio is positive. Earnings per Share Price of Stock Negative or 0 Positive $0-$49.99 25 123 $50.00-$99.99 18 180 $100.00 or higher 2 138 A). P(E)=180/100 b)P(E) =18/(123+180 +138) C). P(E)= 180/486 D). P(E)=(123+18+180 +138)/486 The probability that the price of the stock is $50.00-$99.99 or the earnings per share ratio is positive is