Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Warren Buffy is an enormously wealthy investor who has built his fortune through his legendary investing acumen. He currently has been offered three major investments and would like to choose one. The first one is a conservative investment that would perform very well in an improving economy and only suffer a small loss in a worsening economy. The second is a speculative investment that would perform extremely well in an improving economy but would do very badly in a worsening economy. The third is a countercyclical investment that would lose some money in an improving economy but would perform well in a worsening economy.Warren believes that there are three possible scenarios over the lives of these potential investments: (1) an improving economy, (2) a stable economy and (3) a worsening economy. He is pessimistic about where the economy is headed and so has assigned prior probabilities of 0.1, 0.5 and 0.4 respectively to these three scenarios. He also estimates that his profits under these respective scenarios are those given by the following table:
Improving Stable Worsening Economy
Conservative Investment
$30 million
$5 million
-$10 million
Speculative Investment
$40 million
$10 million
-$30 million
Countercyclical investment
0
$15 million
Prior Probability
0.1
0.5
0.4
At the end of the Halloween Festival the organizers estimated that a family of participants spent in average $50.00 with a standard deviation of $15.00. If 49 participants (49 = size of the sample) are selected randomly, what's the likeihood that ..
Finding and retaining good health care professionals requires an agressive recruitment effort. Since the demand for health care professionals is growing and the supply of these workers is not keeping pace, an untapped source of workers retired emp..
How much money would a Western household have to spend on groceries per year in order to be at the 99th percentile?
The corporation there's a pretty good chance the average number of days absent would be 12 or more. that's what happened to us chance variation. Is this a good defense? Justify your answer.
Use a 0.01 significance level to test the claim that the selection process is biased against Americans of Mexican ancestry. Does the jury system appear to be fair?
Need to get quiz done online goodness of fit and test for independence need to get over 80%
Develop a contingency table that shows whether a home has a pool and the township in which the house is located. Is there an association between the variables "pool" and the "township"? Use .05 level of significance.
Assuming the manufacturer's claim is correct, what is the probability the mean of the sample is 12.22 ounces or more? Using your answer form part (a), what do you think of the manufacturer's claim?
In forestry there appears to be a correlation between the diameter of a tree at breast height and the totol height of the tree. For the following sample of ten white spruces first construct a scatter plot then find the correlation (r) between heig..
grindwell inc. a manufacturer of grinding tools is conshycerned about the durability of its products which dependson
Do the above values appear to be in statistical control, justify your answer?
At the .05 significance level, is there a difference in the mean number of miles traveled per month between Cincinnati and Pittsburgh employees? Use the five-step hypothesis-testing procedure.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd