User Account

All Pages

What is the probability that the investment property

Assignment Help Basic Statistics
Reference no: EM13245931

Suppose the value of investment properties is normally distributed witha mean of $550,000 and a standard deviation of $70,000. An investment property israndomly selected.

(a) What is the probability that the investment property selected is worth less than $400,000?

(b) What is the probability that the investment property selected is worth between $450,000 and $600,000?

(c) What is the value of a particular investment property if only 10% of all investment properties are more valuable than this property?

(d) One investor has 20 properties. What is the probability that the total value of these properties is more than $15 million?

Reference no: EM13245931

Questions Cloud

How much total charge is on each plate : Two very large parallel plates are oppositely and uniformly charged. The field between the plates is 1.7×106N/C, How much total charge is on each plate if they are 18.0cm on a side
What price should be charged for movie tickets : You run a chain of movie theaters, so you commission a marketing study that categorizes your potential customers into 10 equal-sized groups according to what they're willing to pay for a movie ($10,$9,$8,$7,$6,$5,$4,$3,$2,$1).
Identify an organization in that industry identify the mark : Identify an organization in that industry. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.
Find the acceleration in the electric field : A particle of mass 2.4x10^-5kg and charge 3.0x10^-6C is accelerated from rest in a uniform electric field of 180 N/C. Find its acceleration in the electric field
What is the probability that the investment property : What is the probability that the investment property selected is worth less than $400,000 and what is the probability that the investment property selected is worth between $450,000 and $600,000?
What is the force in the string : A 5 kg mass is attached to a 1-m long string. If the speed of the mass at the bottom of the swing is 3 m/s, what it the force in the string at this point
Explain what causes movements along the curve and shifts : You have been asked to discuss the differences between the microeconomic definitions of supply and demand and the macroeconomic differences of aggregate supply and demand. Discuss what determines supply and demand and aggregate supply and aggregate d..
What can infer about elasticity of demand for taxicab : Taxicab fares in most cities are regulated. Several years ago taxicab drivers in Boston obtained permission to raise their feres 10 percent, and they anticipated that revenues would increase by about 10 percent
Imagine that you are an international reporters you have : Imagine that you are an international reporters. You have been tasked with describing and critiquing the current state of the U.S. economy.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find average number of callers waiting to place an order

What is the average time that catalog customers must wait before their calls are transferred to the order clerk? (b) What is the average number of callers waiting to place an order?

  Find confidence limits for estimate of mean diameter

Determine (a) the 90% confidence limits, and (b) the 97% confidence limits for an estimate of the mean diameter of all the rivets produced by the machine in a day.

  Discuss the properties of normal distribution

Discuss the properties of a normal distribution. Why are there infinite possible normal distributions? Why should one assume that sample data represents a population distribution?

  Find sample proportion and large-sample margin of error

Find the sample proportion and the large-sample margin of error for 95% confidence. Explain in simple terms the meaning of the 95%.

  Estimate that the average return on money

Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.

  Find probability that six forms contain an erroir

A numerical error in preparing his or her income tax return. If 10000 forms are selected at random and examined. Find the probability that 6,7,8, of the forms contain an error.

  Confidence-interval for the difference in proportions

Construct a 95 percent confidence interval for the difference in proportions for the two populations represented by these samples.

  Lengths of human pregancies-normal distribution

The lengths of human pregancies are normally distributed with a mean of 268 days and a standard deviation of 15 days.

  Distribution of the sample mean

What is the expected shape of the distribution of the sample mean?

  What hypothesis test would be used to analyze

How many variables are there in this study? What are the levels of any variables you identified and what hypothesis test would be used to analyze these data? Justify your answer.

  Measure discrepancy between data and null hypothesis

Measures the discrepancy b/w the data and the null hypothesis. We can make large values of T are evidence against H0 in most cases. Explain why?

  Unusual result of testing claims

A candy company claims that 92% of consumers like their candies. To test this claim, 9571 people are selected at random from those who have eaten the company's candies.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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