A data analytics firm categorizes stocks based on two criteria. If a stock's price increases by more than 10% in a month, it is labeled "High-Growth." If a stock is labeled "High-Growth," it is automatically assigned to the "Monitor" list. The firm also found that 60% of all stocks on the "Monitor" list pay a dividend.
If stock XYZ's price increased by 12% this month, which of the following statements can be concluded?
Stock XYZ pays a dividend.
There is a 60% chance that stock XYZ pays a dividend.
Stock XYZ is on the 'Monitor' list and does not pay a dividend.
If stock XYZ does not pay a dividend, it is still on the 'Monitor' list.
