Probability that market will go up


Assignment:

A financial analyst believes that if interest rates decrease in a given period, then the probability that the stock market will go up is 0.80. The analyst further believes that interest rates have a 0.40 chance of decreasing during the period in question. Given the above information, what is the probability that the market will go up and interest rates will go down during the period in question?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Probability that market will go up
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