# An investor tells you that in her estimation there is a 60% probability that the Dow Jones… 1 answer below »

An investor tells you that in her estimation there

is a 60% probability that the Dow Jones Industrial

Averages index will increase tomorrow.

a. Which approach was used to produce this figure?

b. Interpret the 60% probability.

6.5 The sample space of the toss of a fair die is

S = 51, 2, 3, 4, 5, 66

If the die is balanced each simple event has the same

probability. Find the probability of the following

events.

a. An even number

b. A number less than or equal to 4

c. A number greater than or equal to 5

6.6 Four candidates are running for mayor. The four

candidates are Adams, Brown, Collins, and Dalton.

Determine the sample space of the results of the

election