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23 March, 11:52

Joe owns a stock which has probability. 5 of going up. This morning, he bought a ticket in a lottery game which gives him a probability. 0001 of winning. What is the probability that Joe's stock will go up and he will win in the lottery? Your answer should keep 5 positions to the right of the decimal, like. 43212

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  1. 23 March, 12:18
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    0.00005

    Step-by-step explanation:

    The probability of the stock going up and that of winning in the lottery are independent.

    Hence, the probability of both = P (stock going up) * P (winning in the lottery) = 0.5 * 0.0001 = 0.00005
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