(Answered) A suppose that your financial advisor claims that he has a

Academics

A. Suppose that your financial advisor claims that he has a success rate of 30% for picking a winning stock. He asks you to buy any out of 8 stocks that he recommends.

1. What is the probability of you picking one winning stock out of 8 recommended stocks?

2. What is the probability of you picking two winning stocks out of 8 recommended stocks?

3. What is the probability of you picking three or four winning stocks out of 8 recommended stocks?

B. Assume that the population mean age of DePaul MBA students is 29 and the population standard deviation is 3.

1. What is the probability of finding an MBA student whose age is less than 34?

2. What is the probability of finding an MBA student whose age is between 27 and 33?

C. Assume that you took a sample of 5 students (out of many possible students) in Dr. Choi's class and found that their ages were: 25, 30, 28, 31, and 26.

1. What is the standard deviation of this sample data?

2. What is the degree of freedom to be used for this data set?

3. Given the population mean of 25, the sample standard deviation of 4, and the degree of freedom of 10, what is the probability of finding a student whose age is between 29.3724 and 33.9124?

View complete question

Math, Academics

Category:- Math
Reference No.:- M92207090
Price:- $30

Verified Expert

Priced at $60 Now at $30, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Math

Instructionsthe aim of the assignment is that the

Instructions The aim of the assignment is that the student/group studies and applies numerical methods such as Euler's method, the Improved Euler's method and the Runge-Kutta method to solve first-order differential equa ...

Question 1 - for the ivp of ode y t-1e-y y1 0 find an

Question 1 - For the I.V.P of ODE y' = (t-1)e -y , y(1) = 0, find an approximation to y(1.2) using the following numerical methods with Δt = 0.1. Compare the numerical solution with the exact solution and compute the err ...

Question you will recommend a course of action regarding

Question: You will recommend a course of action regarding strategic planning in light of the issue the healthcare organization is facing. Be sure to address the following: 1. Provide a brief summary of the issue facing t ...

Questions -q1 prove the following identitiesa sinx y sinx

Questions - Q1. Prove the following identities a. sin(x + y) + sin(x - y) = 2 sin x cos y b. sec(x - y) = cos(x + y)/(cos 2 x - sin 2 y) c. tan 2 x - sin 2 x = (tan x sin x) 2 Q2. Solve the following equations for x ∈ [0 ...

Maths assignment - 1 analysis of a data setusing a

Maths Assignment - 1. Analysis of a data set Using a continuous data set you are requested to collect in the types of data and gathering data section, perform a statistical analysis on your data. You have opportunities t ...

1 suppose that n 10088821 is a product of two distinct

1. Suppose that n = 10088821 is a product of two distinct primes, and Φ(n) = 10082272. Determine the prime factors of n. 2. It is easy to show that the converse of Fermat's Theorem does not hold; i.e., the congruence a n ...

Assignment - provide solution to the following questionsq1

Assignment - Provide solution to the following questions: Q1. Evaluate the following: ∫xsin3x dx Q2. If , then for what value of α is A an identity matrix? Q3. The line y = mx + 1 is a tangent to the curve y 2 = 4x. Find ...

Questions - provide solution to the following questionsq1

Questions - Provide solution to the following questions: Q1. Evaluate the following: ∫xsin3xdx Q2. If , then for what value of α is A an identity matrix? Q3. The line y = mx + 1 is a tangent to the curve y 2 = 4x. Find t ...

Assessment taskpractical investigation- question 1 requires

Assessment Task Practical Investigation - Question 1 requires selecting reference points from the graph. It is expected that each student will choose different reference points to other students. Take note of the criteri ...

Mathematics- algebraic geometry problemlet k denotes an

Mathematics- Algebraic Geometry Problem Let K denotes an algebraically closed field and let P 1 be constructed as in Example 5.5(a) in Gathmanns notes, i.e. P 1 is the gluing of X 1 = A 1 and X 2 = A 1 along the open su ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Math Expert