Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

In a typical day, 31% of people in the United States with Internet access go online to get news. You randomly select five people in the United States with Internet access and ask them if they go online to get news. Find the probability that the number who say they go online to get news is (a) exactly two, (b) at least two, and (c) more than two. (Source: Pew Research Center)

(a) construct a binomial distribution,

(b) graph the binomial distribution using a histogram and describe its shape,

(c) find the mean, variance, and standard deviation of the binomial distribution and interpret the results in the context of the real-life situation, and

(d) determine the values of the random variable x that you would consider unusual.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91868655

Have any Question?


Related Questions in Basic Finance

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

Exercisepronghorn inc decided to establish a petty cash

Exercise Pronghorn, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April. 1.  On April 1, it establis ...

Choose an industry and consider what and how it can hedge

Choose an industry, and consider what and how it can hedge in its favor. Introduce the industry, and state what it might hedge, and why. Explain what you would do if put in charge of the decision to hedge or not.

Asset management ratios corn products corp ended the year

Asset Management Ratios Corn Products, Corp. ended the year 2008 with an average collection period of 32 days. The firm's credit sales for 2008 were $10.7 million. What is the year-end 2008 balance in accounts receivable ...

What is property law and what are the four broad categories

What is property law and what are the four broad categories it can be divided into?

Supposenbspintels stock has an expected return of 220 and a

Suppose? Intel's stock has an expected return of 22.0% and a volatility of 23.0%?, while? Coca-Cola's has an expected return of 8.0% and volatility of 15.0%. If these two stocks were perfectly negatively correlated?(i.e. ...

You take out a 25-year 210000 mortgage loan with an apr of

You take out a 25-year $210,000 mortgage loan with an APR of 12% and monthly payments. In 16 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan?

What is variance risk premium why variance risk premium is

What is variance risk premium? Why variance risk premium is in general positive?

If you deposit 12583 dollars in an account today and the

If you deposit 125.83 dollars in an account today, and the account balance is 319.28 dollars 6 years from now, what annual interest rate did you receive on your funds? (Assume annual compounding and enter your response a ...

Assignment - your credit reportgood personal credit

Assignment - Your Credit Report Good personal credit standing is integral to financial success. As an individual, you are judged by your personal credit. Your credit rating is not only used to determine your ability to b ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As