(Answered) Question the profit or loss from an investment is normally

Statistics

Question: The profit (or loss) from an investment is normally distributed with a mean of $11,200 and a standard deviation of $8,250.

a. What is the probability that there will be a loss rather than a profit?

b. What is the probability that the profit will be between $10,000 and $20,000?

c. Find x such that the probability that the profit will exceed x is 25%.

d. If the loss exceeds $10,000 the company will have to borrow additional cash. What is the probability that the company will have to borrow additional cash?

e. Calculate the value at risk.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92501384
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Suppose you want to calculate the z-score for your height

Suppose you want to calculate the? z-score for your height. How will the? z-scores compare if you use your height in inches verses? centimeters?

Sharon recently invested in real estate with the intention

Sharon recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy s ...

In the following five scenarios h0 alpha the obtained

In the following five scenarios, H0, α, the obtained probability (p-value), and the true status of H0 are given. Assume that our test statistic follows a standard normal distribution. Do the following: (a) State whether ...

In order to fund her retirement helen needs her portfolio

In order to fund her retirement, Helen needs her portfolio to have an expected return of 13.8 percent per year over the next 30 years. She has decided to invest in Stocks 1, 2, and 3, with 25 percent in Stock 1, 50 perce ...

Ryan braun has just tested positive for gorilla growth

Ryan Braun has just tested positive for Gorilla Growth hormone. You are his lawyer. Given the following information, do you think you could get him off? Explain your reasoning. P(positive test | drug use) = 0.99 P(positi ...

Forty-nine percent of us teens have heard of a fax machine

Forty-nine percent of US teens have heard of a fax machine. You randomly select 12 US teens. Find the probability that the number of these selected teens that have heard of a fax machine is exactly six (first answer list ...

Determine the margin of error for an 80 confidence interval

Determine the margin of error for an 80?% confidence interval to estimate the population mean when s? = 36 for the sample sizes below. ?a)n=12 ?b)n=26 ?c)n=54 ?a) The margin of error for an 80?% confidence interval when ...

Honda is the manufacturer of 4 of the top 9 vehicles in

Honda is the manufacturer of 4 of the top 9 vehicles in terms of fuel economy. - Determine the probability distribution for the number of Hondas in a sample of 3 cars chosen from the top 9? - What is the likelihood that ...

Provide an example of population parameter sample and

Provide an example of population, parameter, sample, and census in a business research project. Why is it important to define the population clearly and precisely in a business research project?

37 of college students say they use credit cards because of

37?% of college students say they use credit cards because of the rewards program. You randomly select 10 college students and ask each to name the reason he or she uses credit cards. Find the probability that the number ...

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 Statistics and Probability Expert