Stocks Since the stock market began in 1872, stock prices have risen in about 73% of the years. Assuming that market performance is independent from year to year, what’s the probability that a) the...

Stocks Since the stock market began in 1872, stock prices have risen in about 73% of the years. Assuming that market performance is independent from year to year, what’s the probability that

a) the market will rise for 3 consecutive years?

b) the market will rise 3 years out of the next 5? c) the market will fall during at least 1 of the next 5 years?

d) the market will rise during a majority of years over the next decade?