(Answered) What about triple in value

Management Studies

Problem: Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.3 percent and the standard deviation of those returns in this period was 43.65 percent. Please show steps how you get an answer and please be clear in your explanation.

Required:

Question 1: What is the approximate probability that your money will double in value in a single year?

Question 2: What about triple in value?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91809865
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Operation Management

What is meant by consumer expectations what are the factors

What is meant by consumer expectations? What are the factors that lead to consumer’s expectations? Are these expectations controllable or manageable by entrepreneurs? Explain this issue by taking 2 examples from your per ...

Question 1 as part of the disaster recovery planning at a

Question : 1. As part of the disaster recovery planning at a medium-sized business,you have been asked to develop a project plan to test the backups of production systems. 2. Develop an outline of the project plan for th ...

1 bigtire company a us-based car manufacturer sold cars to

1. BigTire Company, a U.S.-based car manufacturer, sold cars to the country of Bealand. Bealand paid BigTire Company in dollars, but in exchange, BigTire Company agreed to spend some of its proceeds from the sale on elec ...

The current order quantity for electric powerbars is 100

The current order quantity for Electric Powerbars is 100 bars. The order cost is $10 per order, the holding cost is $0.25 per box, and the annual demand is 2,000 bars per year. A. Calculate the annual holding cost plus t ...

Question what is the role of strategic planning in

Question : What is the role of strategic planning in creating value for an organization? Provide an example of how a company uses strategic planning to create value for an organization.

Mark achin sells 3600 electric motors each year the cost of

Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year. There ar ...

1 to critically analyze and discuss four different policies

1. To critically analyze and discuss FOUR different policies with each of the four determinants of national competitive advantage that will attract Multinational Corporations (MNCs) and protect domestic firms in your cou ...

A mixture of workers would probably result in the best of

A mixture of workers would probably result in the best of both worlds. Younger workers who had the tendency to be absent or turn over might learn from older workers. Customers of all age groups might be pleased to find w ...

1 explain the stages of team development and how these

1. Explain the stages of team development and how these relate to concepts of team cohesiveness and team norms. 2. Where can videotaping be done without a warrant? 3. What is history and how does subjectivity play a part ...

1 identify and explain 3 requirements that personnel tests

1. Identify and explain 3 requirements that personnel tests need to meet. 2. Think about your current or former job. If the organization where you were working were to go off track strategically, was there any readily av ...

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 Operation Management Expert