Check your numeracy skills with this simple quiz:

If the probability of the markets going up next week was 50% each day,
what would be the total probability that the markets will go up
at least one single day in that week?

   a)   0%
   b)  50%
   c)  96.875%
   d) 100%
   e) 250%
   f) none of the above


Answer:
======
Plot MetaStock indicator below to check your answer.

MetaStock -> Tools -> Indicator Builder -> New
Copy and paste formula below.


====================
Probability addition
====================
---8<---------------------------

{ Displays sum of correlated event probabilities }
{ Plot in own window }
{ http://www.metastocktools.com }

per1:=Input("1st probability %",0,100,50)/100;
per2:=Input("2nd probability %",0,100,50)/100;
per3:=Input("3rd probability %",0,100,50)/100;
per4:=Input("4th probability %",0,100,50)/100;
per5:=Input("5th probability %",0,100,50)/100;
per6:=Input("6th probability %",0,100,0)/100;

(1-((1-per1)*(1-per2)*(1-per3)
 *(1-per4)*(1-per5)*(1-per6)))*100

---8<---------------------------


http://www.metastocktools.com