Compute the probability of all the three stocks rise.
An investor buys three stocks A, B, and C which perform independently of each other. On the basis of market analysis, the stocks are expected to rise with probabailities 0.4, 0.6, and 0.7, respectively.
Compute the probability that:
(i) All three stocks rise.
(ii) None of the stocks rise.
(iii) At least one stock rises.
(iv) Exactly one stock rises.