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In each time period, a certain stock either goes down 1 with probability .39,

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In each time period, a certain stock either goes down 1 with probability .39, remains the same with 1 answer below » In each time period, a certain stock either goes down 1 with probability .39, remains the same with probability .20, or goes up 1 with probability .41. Asuming that the changes in successive time pe- riods are independent, approximate the probability that, after 700 time periods, the stock will be up more than 10 from where it started. Aug 19 2015 11:44 AM



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