The closing price of a company's stock tomorrow can be lower, higher or the same as today's closing price. After evaluating all the information available on the company's fundamentals and
The economic environment, an analyst has determined that the probability that tomorrow's closing
Price will be higher than today's is determined to be 25%. 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
Correct Answer:
Verified
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