The sp 500 index has a probability 059 of increasing in any


The S&P 500 index has a probability 0.59 of increasing in any week. Moreover, the change in the index in any given week is not influenced by whether it rose or fell in earlier weeks. Let X be the number of weeks among the next 41 weeks in which the index rises.

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Basic Statistics: The sp 500 index has a probability 059 of increasing in any
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