One invests 100 shares of IBM stocks today. He expects that there could be five possible opening prices with the respective probabilities at 9:30 a.m. in NYSE the next day. The following table lists these possible opening prices and their respective probabilities:
Outcome 1 Outcome 2 Outcome 3 Outcome 4 Outcome 5
Possible Opening
Price of IBM, Xi $182.11 $163.88 $180.30 $216.08 $144.92
Probability, pi 13% 19% 33% 17% 18%
Let X represent the five random opening prices of IBM the next day, calculate the mean, variance, and the standard deviation of X. Make your comments on the results you obtain.

Answers

Answer 1

Answer:

[tex]E(x) = 177.130[/tex]

[tex]Var(x) = 484.551[/tex]

[tex]\sigma = 22.013[/tex]

Step-by-step explanation:

Given

The attached table

Solving (a): The mean

This is calculated as:

[tex]E(x) = \sum x * p(x)[/tex]

So, we have:

[tex]E(x) = 182.11 * 13\% + 163.88 * 19\% + 180.30 * 33\% + 216.08 * 17\% + 144.92 * 18\%[/tex]

Using a calculator, we have:

[tex]E(x) = 177.1297[/tex]

[tex]E(x) = 177.130[/tex] --- approximated

The average opening price is $177.130

Solving (b): The Variance

This is calculated as:

[tex]Var(x) = E(x^2) - (E(x))^2[/tex]

Where:

[tex]E(x^2) = \sum x^2 * p(x)[/tex]

[tex]E(x^2) = 182.11^2 * 13\% + 163.88^2 * 19\% + 180.30^2 * 33\% + 216.08^2 * 17\% + 144.92^2 * 18\%[/tex]

[tex]E(x^2) = 31859.482249[/tex]

So:

[tex]Var(x) = E(x^2) - (E(x))^2[/tex]

[tex]Var(x) = 31859.482249 - 177.1297^2[/tex]

[tex]Var(x) = 31859.482249 - 31374.9306221[/tex]

[tex]Var(x) = 484.5516269[/tex]

[tex]Var(x) = 484.551[/tex] --- approximated

Solving (c): standard deviation

The standard deviation is:

[tex]\sigma = \sqrt{Var(x)}[/tex]

[tex]\sigma = \sqrt{484.5516269}[/tex]

[tex]\sigma = 22.0125418796[/tex]

Approximate

[tex]\sigma = 22.013[/tex]


Related Questions

If there is a 90% chance of rain tomorrow and a 70% chance of wind and rain,
what is the probability that it is windy, given that it is rainy? Round your
answer to the nearest percent.

Answers

Answer:

78%

Step-by-step explanation:

the chance of rain

P(R) = 0.9

the chance of wind and rain

P(R∩ W) = 0.7

The probabilities of windy weather is

P(W) = [tex]\frac{P(RW)}{P(R)} =\frac{0.7}{0.9} =0.78[/tex]

The correct answer is B) 78%

Question 4
Which term in the sequence given by n th term formula 7n - 50 has a value of 41?
th term

Answers

Answer:

13th term

Step-by-step explanation:

41 = 7n - 50

41 + 50 = 7n

91 = 7n

7n = 91

n = 91/7

n = 13

13th term has value 41

Answer:

n = 13

Step-by-step explanation:

7n - 50 = 41

Add 50 to both sides

7n = 41 + 50

7n = 91

Divide both sides by 7

n = 91/7

n = 13

What type of line is PQ⎯⎯⎯⎯⎯⎯⎯⎯?

Answers

Answer:

median

Step-by-step explanation:

Q is at the midpoint of RS and so PQ is a median

A median is a segment from a vertex to the midpoint of the opposite side.

We want to define what type of line is PQ (the line that passes through points P and Q) by looking at the given image, one can easily see that the line PQ is a median, now let's explain why.

First, let's analyze the image:

In the image, we can see that P is one vertex of the triangle, and Q is the midpoint of the segment RS (you can see that RQ = 4 and QS = 4) , where R and S are the other two vertexes of the triangle.

Particularly, we can define a median of a triangle as the line that passes through the midpoint of one side of the triangle and by the vertex that does not belong to that side.

With that definition, we can see that PQ is a median because Q is the midpoint of one side of the triangle and P is the vertex that does not belong to that side.

If you want to learn more, you can read:

https://brainly.com/question/2272632

In the Cash Now lottery game there are 20 finalists who submitted entry tickets on time. From these 20 tickets, three grand prize winners will be drawn. The first prize is one million dollars, the second prize is one hundred thousand dollars, and the third prize is ten thousand dollars. Determine the total number of different ways in which the winners can be drawn. (Assume that the tickets are not replaced after they are drawn.)

Answers

I’m not really sure but if given a picture possibly will help more, like the problem you’re looking at I’m more of a visual learner when it comes to this

Anthony had to travel 24 miles north and then 7 miles west. Find the shortest distance between the starting and the end points.
30 miles
36 miles
25 miles
39 miles

Answers

Answer:
25 miles

Explanation:
To make it easy dray two lines one to the north the other to the west then draw the shortest way you will have a t triangle with side length 24,7 to find the hypotenuse(shortest way) use the Pythagorean theorem a^2+b^2=c^2

Im asking a question because yes

+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+=+

ANSWER WITH A, B, C, OR D.


A fruit stand has to decide what to charge for their produce. They need $10 for 4 apples and 4 oranges. They also need $12 for 6 apples and 6 oranges. We put this information into a system of linear equations.

Can we find a unique price for an apple and an orange?


Choose 1 answer:


A

Yes; they should charge $1.00 for an apple and $1.50 for an orange.


B

Yes; they should charge $1.00 for an apple and $1.00 for an orange.


C

No; the system has many solutions.


D

No; the system has no solution.

Answers

Answer:

I believe the answer would be A!

Step-by-step explanation:

If you need $10 total, then charging $1 for 4 apples would get you $4, and charging $1.50 for 4 oranges would get you $6, totaling $10!

The half life of carbon 14 is 5,730 year suppose a fossil found with 20 percent as much of its carbon 14 as compared to a living sample how old is the fossil

3,235 years
32,346 years
1331 years
13,307 years

Answers

13,307 I know because I do this type of math and I fell your pain but I asked someone else this question that’s why I don’t know step bye step but yeah hope this help

13,305 years

Step-by-step explanation:

[tex]A = A_02^{-\frac{t}{5730}}[/tex]

Since only 20% of the original C-14 is left, then [tex]A=0.2A_0[/tex]. We can then write

[tex]0.2A_0=A_02^{-\frac{t}{5730}}[/tex]

Taking the log of both sides,

[tex]\log 0.2 = \left(-\dfrac{t}{5730}\right)\log 2[/tex]

Solving for t,

[tex]t = \dfrac{-(5730\:\text{years})\log 0.2}{\log 2}[/tex]

[tex]\:\:\:\:\:\:\:= 13,305\:\text{years}[/tex]

What is the circumference of the given circle in terms of [tex]\pi[/tex]?

a. 14[tex]\pi[/tex] in.
b. 28[tex]\pi[/tex] in.
c. 42[tex]\pi[/tex] in.
d. 196[tex]\pi[/tex] in.

Answers

Answer:

b. 28[tex]\pi[/tex] in.

Step-by-step explanation:

circumference of a circle = 2 [tex]\pi[/tex] r

whrere r is the radius of rhe circle

= 2 × [tex]\pi[/tex] × 14 in.

= 28 [tex]\pi[/tex] in.

that is option b

We have to find,

The circumference of the given circle in terms of the π.

The formula we use,

→ C = 2πr

Then we can find the circumference,

→ 2 × π × r

→ 2 × π × 14

→ 28π in.

Hence, option (b) is correct answer.

Assume the random variable X is normally distributed, with mean = 54 and standard deviation o = 8. Find the 15th percentile.

Answers

Answer:

45.712

Step-by-step explanation:

We need to find the Zscore of the area of 15 percent of the distribution ; using a Z table or calculator ;

Zscore of 15% of the distribution is : - 1.036

Using the Zscore formula :

Zscore = (x - mean) / standard deviation

Where, x = score

-1.036 = (x - 54) / 8

Cross multiply

-1.036 * 8 = x - 54

-1.288 = x - 54

x = - 8.288 + 54

x = 45.712

. A small home business is set up with an investment of Birr 1,000,000 for equipment. The business manufactures a product at a cost of Birr 60 per unit. If the product sells for Birr 140, how many units must be sold before the business breaks even?

Answers

Answer:

12,500

Step-by-step explanation:

P = R-E

b.e.p : P=0

R=E

140x = 1000000 + 60 x

80x = 1000000

x=12,500

In the diagram, DG ∥ EF.

On a coordinate plane, quadrilateral D E F G is shown. Point D is at (negative 2, 2), point G is at (1, 2), point F is at (3, negative 3), and point E is at (negative 4, negative 3).

What additional information would prove that DEFG is an isosceles trapezoid?

DE ≅ GF
DE ≅ DG
EF ≅ DG
EF ≅ GF

Answers

Answer:

[tex]DE \cong GF[/tex]

Step-by-step explanation:

Given

See attachment for quadrilateral

Required

What proves DEFG as isosceles trapezoid

The non-parallel sides of an isosceles trapezoid are similar and equal.

From the attached quadrilateral, the non-parallel sides are: DE and GF

Hence, for DEFG to be an isosceles trapezoid;

[tex]DE \cong GF[/tex]

Answer:DE ≅ GF

Step-by-step explanation:

cause i said so

Multiply 25 x 47 x 3

Answers

3525 is your answer please consider brainliest<3

Chef Amy does beginning inventory on Thursday night and finds that she has $4697 in food products in the restaurant
Throughout the week she purchases:
$668 produce
$2206 meat
$2488 dry goods
$3755 dairy
The following Thursday she does ending inventory and finds that she has $3518 in food.
She looks at her sales and finds that she made $30658 over the same 7 day period.
What is her food cost as a percentage of sales (her food cost percentage)? Please input your answer as a percentage (30%), instead of a decimal (0.3).

Answers

Answer:

Her food cost as a percentage of sales is 33.58%.

Step-by-step explanation:

Since Chef Amy does beginning inventory on Thursday night and finds that she has $ 4697 in food products in the restaurant, and throughout the week she purchases:

$ 668 produces

$ 2206 meat

$ 2488 dry goods

$ 3755 dairy

The following Thursday she does ending inventory and finds that she has $ 3518 in food.

She looks at her sales de ella and finds that she made $ 30658 over the same 7 day period.

To determine what her food cost is as a percentage of sales (her food cost percentage), the following calculation must be performed:

4,697 + 668 + 2,206 + 2,488 + 3,755 = 13,814

13,814 - 3,518 = 10,296

30,658 = 100

10,296 = X

10,296 x 100 / 30,658 = X

1,029,600 / 30,658 = X

33.58 = X

Therefore, her food cost as a percentage of sales is 33.58%.

Need the answers from a - e

Answers

Answer:

10

Step-by-step explanation:

Sorry. I needed to answer this question to get access.

You are charged $9.33 total for a meal, assume the 7% sales tax, how much was the menu price of this item?

I have already tried
$8.68
$8.71
$8.67
all were wrong ​

Answers

Answer:

$8.71.

Step-by-step explanation:

Given that you are charged $ 9.33 total for a meal, assuming the 7% sales tax, to determine how much was the menu price of this item, the following calculation must be performed:

100 + 7 = 107

107 = 9.33

100 = X

100 x 9.33 / 107 = X

933/107 = X

8.71 = X

Therefore, the menu price of this item was $ 8.71.

"1. A z-score of zero always means
 
a. 
the raw score does not exist.
 
b. 
the raw score exists, but is negligible.
 
c. 
the raw score almost never occurs.
 
d. 
the raw score is equal to the mean."

Answers

Answer:

d.

Step-by-step explanation:

Here is an answer I found on the internet (kudos to investopedia.com)

If a Z-score is 0, it indicates that the data point's score is identical to the mean score.

In other words, it's saying that a z-score of zero has a standard deviation of zero.

What does point b represent on the graph ?

Answers

You need to add the photo

Answer:

Step-by-step B represents the $14 John earned in the 2 hours he worked.

explanation:

25 x 2
help me
plz understand me by opening​

Answers

Answer:

[tex]25 \times 2 = 50 \\ you \: are \: idiot \: [/tex]

really?! :|

The answer is fifty/50

rank the three fractions from smallest to largest? and why
2/7, 4/14, 8/11

Answers

Answer:

2/7 = 4/14 so from smallest to largest the fractions are:

2/7 4/14 and 8/11

Step-by-step explanation:

please answer

Find the area of the polygon.

6 cm6 cm10 cm

Answers

Answer:

Area: 360 cm

Perimeter: 44 cm

Step-by-step explanation:

To calculate the area, you must multiply the length x width.

If you need help calculating the perimeter too, just add all your lengths and widths together twice.

Find the angle between the vectors ????=????+???? and ????=−????+????. (Give an exact answer. Use symbolic notation and fractions where needed.)

Answers

Answer:

The angle between them is 60 degrees

Step-by-step explanation:

Given

[tex]a = 2i + j -3k[/tex]

[tex]b = 3i - 2j -k[/tex]

Required

The angle between them

The cosine of the angle between them is:

[tex]\cos(\theta) = \frac{a\cdot b}{|a|\cdot |b|}[/tex]

First, calculate a.b

[tex]a \cdot b =(2i + j -3k) \cdot (3i - 2j -k)[/tex]

Multiply the coefficients of like terms

[tex]a \cdot b =2 * 3 - 1 * 2 - 3 * -1[/tex]

[tex]a \cdot b =7[/tex]

Next, calculate |a| and |b|

[tex]|a| = \sqrt{2^2 + 1^2 + (-3)^2[/tex]

[tex]|a| = \sqrt{14[/tex]

[tex]|b| = \sqrt{3^2 + (-2)^2 + (-1)^2}[/tex]

[tex]|b| = \sqrt{14}[/tex]

Recall that:

[tex]\cos(\theta) = \frac{a\cdot b}{|a|\cdot |b|}[/tex]

This gives:

[tex]\cos(\theta) = \frac{7}{\sqrt{14} * \sqrt{14}}[/tex]

[tex]\cos(\theta) = \frac{7}{14}[/tex]

[tex]\cos(\theta) = 0.5[/tex]

Take arccos of both sides

[tex]\theta =\cos^{-1}(0.5)[/tex]

[tex]\theta =60^o[/tex]

According to the graph above, College R showed
the greatest change in enrollment between which
two decades?

Answers

Given:

The graph that shows the ennoblement for college R between 1950 and 2000.

To find:

The two decades that has the greatest change in enrollment.

Solution:

From the given graph, it is clear that the change in the enrollment is:

From 1950 to 1960 is [tex]4-3.5=0.5[/tex] thousand.

From 1960 to 1970 is [tex]5-4.5=1.5[/tex] thousand.

From 1970 to 1980 is [tex]5.5-5=0.5[/tex] thousand.

From 1980 to 1990 is [tex]6.5-5.5=1[/tex] thousand.

From 1990 to 2000 is [tex]7-6.5=0.5[/tex] thousand.

The two decades 1960-1970 and 1980-1990 have the greatest change in enrollment.

Answer:1980 to 1990

Step-by-step explanation:

What is the HCF of 1280 and 630

Answers

Given:

The two numbers are 1280 and 630.

To find:

The HCF of the given numbers.

Solution:

First write the given numbers in prime factorization form.

[tex]1280=2\cdot 2\cdot 2\cdot 2\cdot 2\cdot 2\cdot 2\cdot 2\cdot 5[/tex]

[tex]630=2\cdot 3\cdot 3\cdot 5\cdot 7[/tex]

Now the product of all the common prime factors is known as the HCF of 1280 and 630.

[tex]HCF=2\cdot 5[/tex]

[tex]HCF=10[/tex]

Therefore, the HCF of 1280 and 630 is 10.

Change 9/3 to percentage

Answers

Answer:

300%

Step-by-step explanation:

because 9/3×100=900/3=300 so it is 300%

Answer:

300%

Step-by-step explanation:

9/3 * 100%

900%/3 = 300%

Suppose the figure KLMN is dilated using a scale factor of 1/3 with the center of dilation at the origin. Which are the ordered pairs for the image?

1. K’(-1,3), L’(-3,0), M’(⅔, -8/3), N’(2, 4/3)

2. K’(-9,27), L’(-27,0), M’(6, -24), N’(18, 12)

3. K’(0,6), L’(-6,-3), M’(-1, -5), N’(3, 1)

4. K’(3,-1), L’(0,-3), M’(-8/3, ⅔), N’(4/3,2)

Answers

Answer:

K’(-1,3), L’(-3,0), M’(⅔, -8/3), N’(2, 4/3)

Step-by-step explanation:

It has a time to failure distribution which is normal with a mean of 35,000 vehicle miles and a standard deviation of 7,000 vehicle miles. Find its designed life if a .97 reliability is desired.

Answers

Answer:

The designed life should be of 21,840 vehicle miles.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 35,000 vehicle miles and a standard deviation of 7,000 vehicle miles.

This means that [tex]\mu = 35000, \sigma = 7000[/tex]

Find its designed life if a .97 reliability is desired.

The designed life should be the 100 - 97 = 3rd percentile(we want only 3% of the vehicles to fail within this time), which is X when Z has a p-value of 0.03, so X when Z = -1.88.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]-1.88 = \frac{X - 35000}{7000}[/tex]

[tex]X - 35000 = -1.88*7000[/tex]

[tex]X = 21840[/tex]

The designed life should be of 21,840 vehicle miles.

The explicit rule for a sequence and one of the specific terms is given. Find the position of the given term.

f(n) = 3.75n − 27.5; 25


Step 1 out of 2:
You know that the value of f(n) is 25. Substitute 25 for f(n) in f(n) = 3.75n − 27.5.
25 = 3.75n − 27.5
= 3.75n

Answers

Answer:

14

Step-by-step explanation:

Given :

f(n) = 3.75n − 27.5

f(n) = 25

Put f(n) = 25 in the equation :

25 = 3.75n - 27.5

25 + 27.5 = 3.75n

52.5 = 3.75n

52.5 / 3 75 = n

14 = n

The position of the term is 14

if a=(1 2 3 4) find A×A and the relation determined by (I) y=2x (II) x+y​

Answers

Answer:

HOPE IT HELPS PLZ MARK ME BRAINLIEST

Step-by-step explanation:

A={1,2,3,4,5,6}

R={(x,y):y is divisible by x}

We know that any number (x) is divisible by itself.

(x,x)∈R

∴R is reflexive.

Now,(2,4)∈R [as 4 is divisible by 2]

But,(4,2)∈ /

R. [as 2 is not divisible by 4]

∴R is not symmetric.

Let (x,y),(y,z)∈R. Then, y is divisible by x and z is divisible by y.

∴z is divisible by x.

⇒(x,z)∈R

∴R is transitive.

Hence, R is reflexive and transitive but not symmetric.

1. What are the intercepts of the equation 2x+3/2y+3z=6

Answers

Use
Math
Way
It can tell u
Or
Photo
Math

Answer:

x-intercept=3

y-intercept=4

z-intercept=2

Step-by-step explanation:

Hannah would like to make an investment that will turn 8000 dollars into 33000 dollars in 7 years. What quarterly rate of interest, compounded four times per year, must she receive to reach her goal?

Answers

Answer:

20.76%

Step-by-step explanation:

[tex]33000=8000(1+\frac{i}{4})^{4*7}\\4.125=(1+\frac{i}{4})^{28}\\\sqrt[28]{4.125}=1+\frac{i}{4} \\i= .207648169[/tex]

which rounds to 20.76%

Answer:

About 0.2076 or 20.76%.

Step-by-step explanation:

Recall that compound interest is given by the formula:

[tex]\displaystyle A=P\left(1+\frac{r}{n}\right)^{nt}[/tex]

Where A is the final amount, P is the principal, r is the interest rate, n is the number of times the interest is applied per year, and t is the number of years.

Since Hannah wants to turn an $8,000 investment into $33,000 in seven years compounded quarterly, we want to solve for r given that P = 8000, A = 33000, n = 4, and t = 7. Substitute:

[tex]\displaystyle \left(33000\right)=\left(8000\right)\left(1+\frac{r}{4}\right)^{(4)(7)}[/tex]

Simplify and divide both sides by 8000:

[tex]\displaystyle \frac{33}{8}=\left(1+\frac{r}{4}\right)^{28}[/tex]

Raise both sides to the 1/28th power:

[tex]\displaystyle \left(\frac{33}{8}\right)^{{}^{1}\! / \! {}_{28}}= 1+\frac{r}{4}[/tex]

Solve for r. Hence:

[tex]\displaystyle r= 4\left(\left(\frac{33}{8}\right)^{{}^{1}\! / \! {}_{28}}-1\right)[/tex]

Use a calculator. Hence:

[tex]r=0.2076...\approx 0.2076[/tex]

So, the quarterly rate of interest must be 0.2076, or about 20.76%.

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