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There is 60% probability that the economy will outperform. When the economy outperforms, there is 70% chance the stock will go up and 30% chance the stock will go down. When the economy underperforms, there is 20% chance the stock will go up and 80% chance the stock will go down. Calculate the probability of economy outperformance given the stock going up. A:75% B:79% C:84% |
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