An financial advisor tells you that in her estimation there is an 85% chance that a particular stock's price will increase over the next three weeks.
a. Which approach was used to produce this figure?
b. Interpret the 85% probability.

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The Answer of An financial advisor tells you that in her estimation there is an 85% chance that a particular stock's price will increase over the next three weeks.
a. Which approach was used to produce this figure?
b. Interpret the 85% probability.

An Financial Advisor Tells You That in Her Estimation There