Closing price on five consecutive days
The increase or decrease in price of stock between the beginning and end of trading day is supposed to be equally likely random event. Determine the probability that the stock will show an raise in its closing price on five consecutive days?
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The increase or decrease in the price of a stock between the beginning and the end of a trading day is supposed to be equally likely random event. Determine the probability that the stock will show an increase in its closing price on five consecut
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