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The Closing Price of a Company's Stock Tomorrow Can Be

Question 60

Multiple Choice

The closing price of a company's stock tomorrow can be lower, higher or the same as today's closed. Without any prior information that may affect the price of the stock tomorrow, the
Probability that it will close higher than today's close is 1/3. This is an example of using which
Of the following probability approach?


A) A priori probability
B) Empirical probability
C) Subjective probability
D) Conditional probability

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