Find probabilty assignment for eight outcomes

Assignment Help Financial Econometrics
Reference no: EM131213945

We are given a number of darts. Suppose it is known that each time we throw a dart at a target, we have a probability of of hitting the target. An experiment consists of throwing three darts at the target and observing the sequence of hits and misses (e.g., one possible outcome might be (H,M,M)).

(a) Find a probabilty assignment for the eight outcomes of this experiment that leads to a probabilty of 1/4 of hitting the target on any toss. Note, your assignment must satisfy the axioms of probability.

(b) Is the probability assigment you chose unique? That is, are there other possible probability assignments that lead to a probabilty of 1/4 of hitting the target on any toss, or is yours the only valid assignment? Carefully prove your answer.

Reference no: EM131213945

Previous Q& A

  What are the dba''s responsibilities regarding security

What are the DBA's responsibilities regarding access privileges?

  Identify any potential secondary victims

Explain potential long-term impacts of the abuse on Jaycee Dugard. Identify any potential secondary victims, and explain potential short- and long-term impacts of the abuse on those victims.

  What role should society play in encouraging csr

Having read the VW (Volkswagen) article and watched the CSR ( Corporate Social Responsibility ) video, what role should government and society play in encouraging or regulating CSR?

  Interpretation of the coefficient of determination

What is the interpretation of the coefficient of determination for the investor? If the coefficient of correlation for two securities is 0.7, what is the coefficient of determination?

  Selection of one of two mutually exclusive projects

For the following exercise, complete the calculations below. Evaluate different capital investment appraisal techniques by completing the calculations shown below: Bongo Ltd. is considering the selection of one of two mutually exclusive projects. ..

  Show how to describe given experiment

Show how to describe given experiment in terms of more fundamental outcomes so that the classical approach leads to a more reasonable probability assignment.

  What additional biographical facts should you include

Now, say we switch our MOTS topic to the cost of a Penn State education. Aside from the students' full name, major and class standing, what additional biographical facts should you include for each interviewee?

  Carazona cost of debt in indonesia

Clearly explain why the consultant's advice is not logical. That is, explain why Carazona's cost of equity in Indonesia would not be less than Carazona's cost of debt in Indonesia.

  Which transactions would have to be entered again by users

For the following exercises, you will address problems and answer questions from the Solmaris Condominium Group staff. You do not use the Solmaris database for any of these exercises.

  Why were baroque audiences interested by greek legends

Monteverdi's L'Orfeo and Purcell's Dido and Aeneas are both based on Greek myths. Why were Baroque audiences interested and entertained by Greek legends?

Reviews

Write a Review

 

Similar Q& A

  What position should the company take long or short

a company has a portfolio of stocks worth $100 million. the beta of the porfolio is 1.2. the company would like to use the CME december futures contract on the s&p 500 to change the beta of the portfolio to 0.5 during the period July 16 to Novembe..

  How many payments will have made for the account balance

You're prepared to make monthly payments of $380, beginning at the end of this month, into an account that pays 7.9 percent interest compounded monthly.

  Determine what must the projects initial cost be

A project has the following cash flows for years 1 through 3 respectively: 1,698, 1,467, 1,855. Using a discount rate of 10.2 percent, it has been determined that the profitability index is 0.97.

  How much money do need to buy 300 shares of time

At your brokerage firm, it costs $9.50 per stock trade. How much money do you need to buy 300 shares of time Warner, Inc. (TWX) which trades at $22.62

  Find dol consider fixed cost assuming additional investment

Consider the following Preliminary cash-flow forecasts for Otobai's electric scooter project (figures are in $billions). Calculate the variable cost per unit at which the electric scooter project would break even.

  All industries to have a similar relationship to the economy

Discuss why you would not expect all industries to have a similar relationship to the economy. Give an example of two industries that have different relationships to the economy. Please discuss your findings and how the economy will affect the..

  Determine what will net income be under the alternative

The firm has $3,000,000 in current assets of which 20% are permanent and $10,000,000 in fixed assets. Long term rates are currently 8% while short term rates are at 6%. Red's tax rate is 30%

  Determine how much does tranche 2nd collect in principal

Assume there are a bunch of mortgages that are supposed to pay principal payments and interest payments of $2100 during the year are pooled together and sold as securities.

  Prepare a presentation about basel capital requirements

Prepare a ten slides PowerPoint presentation about basel capital requirements. Refer to journal articles, books, or other online resources. I want ten slides with notes and resources.

  What will be the par value of the holdings in the 20-year

If a firm remains in business indefinitely, the pension obligation will resemble a perpetuity. Suppose, therefore, that you are managing a pension fund with obligations to make perpetual payments of $3.0 million per year to beneficiaries.

  Determine b-a using forward rates denote the pv

Second, assume that the given rates are forward rates and let B denote the PV of the three $1000 payments discounted using forward rates. Determine B-A.

  What is value of equity after repurchase has been completed

The company has 1.5 million shares of common stock outstanding and is subject to a corporate tax rate of 30 percent. The firm is planning a recapitalization under which it will issue $35 million of perpetual 8 percent debt

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd