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An individual has $ 100 initially. He repeatedly plays a game of chance in which he earns $ 100 with probability 0.8 or loses $ 100 with probability 0.2. The stops playing at the first of two possibilities: he has no more money or he has 400$.
(A) On average, how many times will heplays?
(B) What is the probability that he will end with $ 400?
(C) Calculate the expected profit. Would he have had a better expected profit if he started with $ 200?
A toothpaste company wants to know if its new products increases the length of time in between dentists visits for its uses. The company sets a target of 180 days to determine if i
uses of time series with example
All procedures that discover, recognize history, move, sustain, and review economical information to either generate economical statements or to provide inner control.
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The company acquired 50000 8% preferencd shares (with a par value of R4 each) in cross limited on 30 june 2006 for R180000.
uses of time series
Mean Deviation The two methods of dispersion discussed above namely range and quartile deviation are not measure of dispersion in the strict sense of te term because they do not s
Marks(less than)-10,20,30,40,50,60,70,80 Number of students-4,8,25,34,41,46,50,60 Draw a median graph for the followin
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