Question

# An analyst has been studying a particular stock and has come to the following two conclusions:

- the

probability that the stock will rise on a particular day is 0.3

Calculate the probability that over the next week (7 days) the number of days that the stock will rise is **not** 3. Give your answer as a decimal to 2 decimal places.

Probability =

[1 mark]-

Statistics and Probability

An analyst has been studying a particular stock and has come to the following two conclusions the