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Sagot :
Probabilities are used to determine the chances of events.
The probability P(the stock performs below average|domestic) is 0.109
How to calculate the probability
Let A represent the number of stocks that performs below average
B represents the number of domestic stock
From the table, we have:
n(A n B) = 55 i.e. domestic stocks that performs below average
n(B) = 505 i.e. all domestic stocks
The probability is then calculated as:
[tex]P(A\ |\ B) = \frac{n(A\ n\ B)}{n(B)}[/tex]
This gives
[tex]P(A\ |\ B) = \frac{55}{505}[/tex]
[tex]P(A\ |\ B) = 0.109[/tex]
Hence, the probability P(the stock performs below average|domestic) is 0.109
Read more about probabilities at:
https://brainly.com/question/25870256
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