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An analyst develops the following probability distribution about the state of the economy and the market. Which of the following statements about this probability distribution is least likely accurate?
A
The probability of a normal market is 0.30.
B
The probability of having a good economy and a bear market is 0.12.
C
Given that the economy is good, the chance of a poor economy and a bull market is 0.15.
D
Given that the economy is poor, the combined probability of a normal or a bull market is 0.50.
