Answer:
a) 0.321 = 32.1% probability of obtaining a negative daily return, on any given day.
b) 0.103 = 10.3% probability of having a negative daily return for two days in a row.
c) (-$1449.68, $3109.68)
d) A bonus of $4,488.174 is needed.
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.
Normal distribution with mean = $830 and standard deviation = $1,781.
This means that [tex]\mu = 830, \sigma = 1781[/tex]
(a) What is the probability of obtaining a negative daily return, on any given day?
This is the p-value of Z when X = 0, so:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{0 - 830}{1781}[/tex]
[tex]Z = -0.466[/tex]
[tex]Z = -0.466[/tex] has a p-value 0.321.
0.321 = 32.1% probability of obtaining a negative daily return, on any given day.
(b) Assuming the returns on successive days are independent of each other, what is the probability of having a negative daily return for two days in a row?
Each day, 0.3206 probability, so:
[tex](0.321)^2 = 0.103[/tex]
0.103 = 10.3% probability of having a negative daily return for two days in a row.
(c) Give the boundaries of the interval containing the middle 80% of daily returns
Between the 50 - (80/2) = 10th percentile and the 50 + (80/2) = 90th percentile.
10th percentile:
X when Z has a p-value of 0.1, so X when Z = -1.28.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]-1.28 = \frac{X - 830}{1781}[/tex]
[tex]X - 830 = -1.28*1781[/tex]
[tex]X = -1449.68[/tex]
90th percentile:
X when Z has a p-value of 0.9, so X when Z = 1.28.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]1.28 = \frac{X - 830}{1781}[/tex]
[tex]X - 830 = 1.28*1781[/tex]
[tex]X = 3109.68[/tex]
So
(-$1449.68, $3109.68)
d) As part of its incentive program, any trader who obtains a daily return in the top 2% of historical returns receives a special bonus. What daily return is needed to get this bonus?
The 100 - 2 = 98th percentile, which is X when Z has a p-value of 0.98, so X when Z = 2.054.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]2.054 = \frac{X - 830}{1781}[/tex]
[tex]X - 830 = 2.054*1781[/tex]
[tex]X = 4488.174 [/tex]
A bonus of $4,488.174 is needed.
A Food Marketing Institute found that 34% of households spend more than $125 a week on groceries. Assume the population proportion is 0.34 and a simple random sample of 124 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.31
Answer:
0.2405 = 24.05% probability that the sample proportion of households spending more than $125 a week is less than 0.31.
Step-by-step explanation:
To solve this question, we need to understand the normal probability distribution and the central limit theorem.
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.
Central Limit Theorem
The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]
Assume the population proportion is 0.34 and a simple random sample of 124 households is selected from the population.
This means that [tex]p = 0.34, n = 124[/tex]
Mean and standard deviation:
[tex]\mu = p = 0.34[/tex]
[tex]s = \sqrt{\frac{0.34*0.66}{124}} = 0.0425[/tex]
What is the probability that the sample proportion of households spending more than $125 a week is less than 0.31?
This is the p-value of Z when X = 0.31, so:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{0.31 - 0.34}{0.0425}[/tex]
[tex]Z = -0.705[/tex]
[tex]Z = -0.705[/tex] has a p-value of 0.2405.
0.2405 = 24.05% probability that the sample proportion of households spending more than $125 a week is less than 0.31.
4 people take 3 hours to paint a fence assume that all people paint at the same rate How long would it take one of these people to paint the same fence?
Answer:
12
Step-by-step explanation:
A graph of 2 functions is shown below. graph of function f of x equals negative 11 by 3 multiplied by x plus 11 by 3 and graph of function g of x equals x cubed plus 2 multiplied by x squared minus x minus 2 Which of the following is a solution for f(x) = g(x)? (2 points) x = −2 x = 1 x = 0 x = −1
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Answer:
(b) x = 1
Step-by-step explanation:
A graph shows the solution to f(x) = g(x) is x = 1.
__
We want to solve ...
g(x) -f(x) = 0
x^3 +2x^2 -x -2 -(-11/3x +11/3) = 0
x^2(x +2) -1(x +2) +11/3(x -1) = 0 . . . . . factor first terms by grouping
(x^2 -1)(x +2) +11/3(x -1) = 0 . . . . . . the difference of squares can be factored
(x -1)(x +1)(x +2) +(x -1)(11/3) = 0 . . . . we see (x-1) is a common factor
(x -1)(x^2 +3x +2 +11/3) = 0
The zero product rule tells us this will be true when x-1 = 0, or x = 1.
__
The discriminant of the quadratic factor is ...
b^2 -4ac = 3^2 -4(1)(17/3) = 9 -68/3 = -41/3
This is less than zero, so any other solutions are complex.
A box contains 16 large marbles and 18 small marbles. Each marble is either green or white. 9 of the large marbles are green, and 3 of the small marbles are white. If a marble is randomly selected from the box, what is the probability that it is small or green
Answer:
[tex]P(S&G) =0.7941[/tex]
Step-by-step explanation:
From the question we are told that:
Sample size [tex]n=16+18=>34[/tex]
N0 of Large [tex]L=16[/tex]
N0 of Small [tex]S=18[/tex]
N0 large Green [tex]L_g=9[/tex]
N0 of small White [tex]S_w=3[/tex]
Therefore
Number of green marbles [tex]N0(G)=9+(18-3)[/tex]
Number of green marbles [tex]N0(G)=24[/tex]
Generally the Number of both small and green Marble is
[tex]N0 of (S&G)= 18 - 3 = 15[/tex]
Generally the probability that it is small or green P(S&G) is mathematically given by
[tex]P(S&G) = \frac{(18 + 24 - 15)}{(18 + 16)}[/tex]
[tex]P(S&G) =0.7941[/tex]
Zoe has 4 pounds of strawberries to make pies. How many ounces of strawberries Is this?
64 oz.
60 oz.
68 oz.
72 oz.
Work Shown:
1 pound = 16 ounces
4*(1 pound) = 4*(16 ounces)
4 pounds = 64 ounces
1. What is the theoretical probability that the family has two dogs or two cats?
2.
Describe how to use two coins to simulate which two pets the family has.
3. Flip both coins 50 times and record your data in a table
like the one below.
Frequency
Result
Heads, Heads
Heads, Tails
Tails. Heads
Tails. Tails
Total
50
4
Based on your data, what is the experimental probability that the family has two dogs or
two cats?
5
If the family has three pets, what is the theoretical probability that they have three dogs or
three cats?
How could you change the simulation to generate data for three pets
6
let dogs be heads. Let cats be tails. A coin has two sides, in which you are flipping two of them. Note that there can be the possible outcomes
h-h, h-t, t-h, t-t.
How this affects the possibility of two dogs & two cats. Note that there are 1/2 a chance of getting those two (with the others being one of each), which means that out of 4 chances, 2 are allowed.
2/4 = 1/2
50% is your answer
Heads represents cats and tails represents dogs. There is two coins because we are checking the probability of two pets. You have to do the experiment to get your set of data, once you get your set of data, you will be able to divide it into the probability for cats or dogs. To change the simulation to generate data for 3 pets, simply add a new coin and category for the new pet.
Hope this helps you out!
Calculate the product below and give your answer in scientific notation.
(3.3 x 10-4) (8.0 x 109) = ?
Show Calculator
Answer:
25288
Step-by-step explanation:
shown in the picture
22
20
14
22
29
20
Mean
Mode
Medium
Range
Answer:
mean=21.17
mode=20,22
median=3.5
range=15
Step-by-step explanation: MEAN=sum of all observations/ no. of observations
mean=22+20+14+22+29+20/6
mean=127/6
mean=21.17
MODE= most frequent observations
mode=22,20
MEDIAN=1/2(n/2+n+2/2)
=1/2(6/2+6+2/2)
=1/2(3+4)
=1/2(7)
=7/2
=3.5
RANGE=X max -X min
=29-14
=15
PLEASE HELPPPPPPP #1
Answer:
is the second answer 2x+1/x-1
The population, P(t), in millions, of a country, in year t, is given by the formula P(t) = 24 + 0.4t. What are the values of the population for t = 10, 20,
and 30?
Answer:
B. 28, 32, 36 millions
Step-by-step explanation:
Given:
P(t) = 24 + 0.4t
Where,
P(t) = population in millions
t = number of years
✔️Value of the population when t = 10:
Plug in t = 10 into P(t) = 24 + 0.4t
P(t) = 24 + 0.4(10)
P(t) = 24 + 4
P(t) = 28 million
✔️Value of the population when t = 20:
Plug in t = 20 into P(t) = 24 + 0.4t
P(t) = 24 + 0.4(20)
P(t) = 24 + 8
P(t) = 32 million
✔️Value of the population when t = 30:
Plug in t = 30 into P(t) = 24 + 0.4t
P(t) = 24 + 0.4(30)
P(t) = 24 + 12
P(t) = 36 million
calculate the resistance if V = 220V and I = 3.6amp
Step-by-step explanation:
V= IR --> R = V/I = (220 V)/(3.6 A) = 61.1 ohms
Answer:
61.11 ohms
Step-by-step explanation:
R=V/I
R=220/3.6
R=61.11 ohms
AABC-AXYZ. What's the scale factor from
AABC to AXYZ?
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Answer:
(d) 1/4
Step-by-step explanation:
The scale factor is the ratio of lengths of corresponding sides:
XZ/AC = 3/12 = 1/4
_____
Additional comment
I find the wording of the question a bit ambiguous. To transform ΔABC to ΔXYZ, every linear dimension of ΔABC is multiplied by 1/4. This is the sense of "ΔABC to ΔXYZ" that is used in the above answer.
On the other hand, one of the ways ratios are written is using the word "to," as in "12 to 3". Using this idea, we might interpret the question to be asking for ...
ΔABC to ΔXYZ = AC to XZ = 12 to 3 = 12/3 = 4
I need help ASAP please no links
Answer: D' = (1, -1)
Step-by-step explanation:
When dilating by a 1/2 you take a point and divide the x and y of the point in half. So D before is (2,-2) and then divide that by a 1/2, which gives us our answer (1, -1).
PLS
Write the equation of the piecewise function that is represented by its graph.
IS IT A, B, C, OR D
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Answer:
a) domain bounds are -1 ≤ x ≤ 1, x > 1
Step-by-step explanation:
In considering the definition of any piecewise function, the domain descriptions in the function definition must match the pieces shown in the graph.
Here, the right segment has no upper bound, so x > 1 is an appropriate description of its domain.
The left segment has the points at x=-1 and x=1 included, so the appropriate domain description for that is -1 ≤ x ≤ 1.
The one answer choice that combines these domain descriptions is ...
[tex]\displaystyle f(x)=\begin{cases}x^2,&\text{if }-\!1\le x\le1\\\sqrt{x},&\text{if }x>1\end{cases}[/tex]
Reasoning by induction
Question 1 options:
1)
develops a general conclusion based on observations of cases.
2)
develops a general conclusion based on given information.
3)
starts with assumptions that are known to be valid to draw another new truths.
4)
uses patterns to create logical proofs.
Answer:
1because the occasion of cases
A consistent system of equations is a system with __________.
Select one:
a. the same line
b. parallel lines
c. intersecting lines and lines that have the same slope
d. intersecting lines and lines that have the same equation
the answer is d. my shlime
Based on this example, make a
generalization about the acute angles
formed when two parallel lines are
cut by a transversal.
Answer:
Step-by-step explanation:
There are 4 of them (acute angles that is)Those 4 are less than 90 degrees.They have supplementary angles which are greater than 90 degrees.There are 4 of them also.The total number of angles should be 8 if there are 2 parallel lines and 1 transversal.Please helppppppppp!!!!
Terminal point for 4π/3
(cos4π/3 ,sin4π/3)
{cos(π+π/3) ,sin(π+π/3)}= (-cosπ/3 ,-sinπ/3)
or ,(- 1/2, -√3/2)
OPTION C
A political party wishes to estimate the proportion of voters that support the party in a particular state. The party will poll a random sample of n voters from the state. Which of the following is likely to result in the largest margin of error?
a. n = 500, confidence level 95%
b. n = 500, confidence level = 99%
c. n = 500, confidence level = 90%
d. n= 300, confidence level 95%
e. n = 300, confidence level = 90%
Answer:
Option D
Step-by-step explanation:
Generally the equation for Margin of Error is mathematically given by
[tex]M.E=Z*sqrt{\frac{p*(1-p)}{n}}[/tex]
Condition for Largest M.E
n has to be smallest and Z value has to be largest.
Where
From options
Smallest [tex]n=300[/tex]
Largest Z value respects to [tex]\alpha=95\%[/tex]
Therefore
n= 300, confidence level 95%
Option D
Last year Diana sold 800 necklaces. This year she sold 1080 necklaces. what is the percentage increase of necklaces she sold?
Answer:
13.5% is the increase in percentage
Answer:
74%
Step-by-step explanation:
To get the answer, divide 800 by 1080, and you will get a decimal. That decimal is 0.74074074074. Then, move the decimal point two times two the right, so you should have 074.074074074. Ignore everything after the decimal point as well as the 0 before the decimal point, and if done correctly, it should be 74%.
So, the final answer would be 74%.
Hope this helped!
The product of two numbers is 50 and there sum is 15. Find the number.
Answer: the numbers are 10 and 5
Step-by-step explanation:
10 times 5 is 50
10 plus 5 is 15
Please help asap please
Answer:
12.9 miles
Step-by-step explanation:
Formula: (x/360)×dπ(circumference)
90/360=1/4
1/4×16.4π
1/4×51.496
12.874
Answer:
[tex]m JM=90 =\Theta[/tex]
[tex]Radius=dimeter/2=16.4/2[/tex]
[tex]\longrightarrowr=8.2[/tex]
The length of arc JM=
[tex]=\frac{\Theta }{360} \times\pi r[/tex]
[tex]=\frac{90}{360} \times2\times\ 3.14\times 8.2[/tex]
[tex]=12.874[/tex]
[tex]\approx 12.9 \; miles[/tex]
[tex]OAmalOHopeO[/tex]
construct an angle that bisect 90°
Answer:
We can construct a 90º angle either by bisecting a straight angle or using the following steps.
Step 1: Draw the arm PA.
Step 2: Place the point of the compass at P and draw an arc that cuts the arm at Q.
Step 3: Place the point of the compass at Q and draw an arc of radius PQ that cuts the arc drawn in Step 2 at R.
Step-by-step explanation:
Describe the system of equations
How many solutions does this system have.
Answer:
Step-by-step explanation:
One solution, at the point of intersection, (3,3)
Define percent in terms of ratios
One of the problems encountered by corporations in America is finding an adequate number of employees who want to move into management. Recent surveys of workers in America taken by the Department of Labor in Washington D. C. revealed that only 20% of employees would like to move into management and be the boss. Suppose that a random sample of 75 U.S. workers was taken and each person was asked whether or not they would like to move into management. Find the probability that at least 18 of the 75 sampled employees would like to move into management.
Answer:
0.2358 = 23.58% probability that at least 18 of the 75 sampled employees would like to move into management.
Step-by-step explanation:
Binomial probability distribution
Probability of exactly x successes on n repeated trials, with p probability.
Can be approximated to a normal distribution, using the expected value and the standard deviation.
The expected value of the binomial distribution is:
[tex]E(X) = np[/tex]
The standard deviation of the binomial distribution is:
[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]
Normal probability distribution
Problems of normally distributed distributions can be solved using the z-score formula.
In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore 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 pvalue, we get the probability that the value of the measure is greater than X.
When we are approximating a binomial distribution to a normal one, we have that [tex]\mu = E(X)[/tex], [tex]\sigma = \sqrt{V(X)}[/tex].
20% of employees would like to move into management and be the boss.
This means that [tex]p = 0.2[/tex]
Sample of 75:
This means that [tex]n = 75[/tex]
Mean and standard deviation:
[tex]\mu = E(X) = np = 75(0.2) = 15[/tex]
[tex]\sigma = \sqrt{V(X)} = \sqrt{np(1-p)} = \sqrt{75*0.2*0.8} = 3.4641[/tex]
Find the probability that at least 18 of the 75 sampled employees would like to move into management.
Using continuity correction, this is [tex]P(X \geq 18 - 0.5) = P(X \geq 17.5)[/tex], which is 1 subtracted by the p-value of X = 17.5. So
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{17.5 - 15}{3.4641}[/tex]
[tex]Z = 0.72[/tex]
[tex]Z = 0.72[/tex] has a p-value of 0.7642.
1 - 0.7642 = 0.2358
0.2358 = 23.58% probability that at least 18 of the 75 sampled employees would like to move into management.
Pls help with this question. No links.
Answer:
i hope it's helpful for youDetermine the probability of landing on tails at most 33 times if you flip a fair coin 80 times. Round your answer to the nearest tenth.
Answer:
0.0728177272
Step-by-step explanation:
Given :
Number of flips = 80
Probability of landing on tail at most 33 times ;
Probability of landing on tail on any given flip = 1 / 2 = 0.5
This a binomial probability problem:
Hence ;
P(x ≤ 33) = p(x=0) + p(x=1) +... + p(x = 33)
Using a binomial probability calculator :
P(x ≤ 33) = 0.0728177272
Consider the phrase "the sum of 3 times a number and the quotient of the number and 4." Let’s break it down. You want the sum of two values. The first value is 3 times a number. What expression represents 3 times a number?
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Answer:
3x
Step-by-step explanation:
If x represents the number, then "3 times a number" is 3x.
__
Additional comment
"The quotient of the number and 4" is x/4.
The sum of those two expressions is ...
3x + x/4
Simplify
x * x^5 / x^2 * x
