A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?

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letdou3601 letdou3601

03-07-2018
Mathematics

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A stock can go up, go down, or stay unchanged. How many possibilities are there if you own 6 stocks?

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jcherry99 jcherry99 · Answer 1 · 2018-07-03T05:08:32+02:00

jcherry99 jcherry99

03-07-2018

This is a counting question

First stock has 3 choices
Second stock has 3 choices
Third stock has 3 choices
:
:
The sixth stock has 3 choices.

Therefore the total number of choices is
3 * 3 * 3 * 3 * 3 * 3 = 3^6 = 729

Answer 729

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