Question

the table shows the movement of walt disney stock for 30 randomly selected trading days. \up\ means the stock price increased in value for the day. \down\ means the stock price decreased in value for the day, and
o change\ means the stock price closed at the same price it closed for the previous day. complete parts (a)-(e) below. down down down down up up down up down up down up down down up up up up down down up up down up no change up down down no change no change up 0.400 down 0.500 no change 0.100 (round to the nearest thousandth as needed.) (b) are the probabilities in part (a) empirical, classical, or subjective? the probabilities are

Explanation:

Step1: Recall probability - type definitions

Empirical probabilities are based on observed data. Classical probabilities assume equally - likely outcomes. Subjective probabilities are based on personal judgment.

Step2: Analyze the data source

The probabilities in part (a) are calculated from the movement of Walt Disney stock over 30 randomly selected trading days (observed data).

Answer:

empirical