1. Is 8.6 x 107written in scientific notation? Justify your response.

A simplified model for the movement of the price of a stock supposes that on each day the stock’s price either moves up 1 unit w

DanielleElmas [232]

Answer:

(a) The probability that after 2 days the stock will be at its original price is

$P_a=2p(1-p)$

(b) The probability that after 3 days the stock’s price will have increased by 1 unit is

$P_b=3p^2(1-p)$

(c) Given that after 3 days the stock’s price has increased by 1 unit, the probability that it went up on the first day is

$P=2/3$

Step-by-step explanation:

(a) What is the probability that after 2 days the stock will be at its original price?

For the price of the stock to be in its original price, there are two ways it can happen:

1) the price increases the first day by one unit and decreases by one unit the second day. The probability of this event is P=p*(1-p).

2) the price decreases the first day by one unit and increases by one unit the second day. The probability of this event is P=(1-p)p.

The probability that after 2 days the stock will be at its original price is the sum of the probability of this two events:

$P=P_1+P_2=p(1-p)+(1-p)p=2p(1-p)$

(b) What is the probability that after 3 days the stock’s price will have increased by 1 unit?

For this event to happen (one unit increase in 3 days), it must have happened 2 increases in price and 1 decrease.

There are 3 possible ways of this to happen:

1) decrease in the first day.

2) decrease in the second day.

3) decrease in the third day.

Each one ot this 3 events has the same probability $P_i=p^2(1-p)$ .

So the probability that after 3 days the stock’s price will have increased by 1 unit is equal to the sum of the probabilities of this events:

$P=P_1+P_2+P_3=3p^2(1-p)$

(c) Given that after 3 days the stock’s price has increased by 1 unit, what is the probability that it went up on the first day?

According to the answer (c), there are 3 events where the price has increase by one unit after 3 days, each one with equal probability $P_i=p^2(1-p)$ .

Of these 3 events, there are 2 that have an increase in the first day. So we can conclude that, if the events have the same probability, the probability of the increase in the first day, given that the price has increased by one unit in 3 days, is P=2/3.

8 0

4 years ago

What is the sum of interior angles for a nonagon

alexira [117]

Remember your prefixes! They help a lot, because there is a formula for this particular problem. Nonagon refers to a shape with 9 sides.

The number of triangles a polygon has is represented by the formula:
(n-2)

Where "n" is the number of sides. If you ever forget what you subtract "n" by think of a triangle. It has 3 sides, so it is only logical that you should only have 1 triangle (subtract by 2). So, what is the sum of the interior angles of a triangle, 180°. So the formula looks like this:

Sum of Interior Angles = 180°(n-2)
180°(9-2)
180°(7) = 1260° is the sum of interior angles for a nonagon!

5 0

4 years ago

A certain laundry detergent recommends & cup of detergent for a load of clothes. How much detergent is recommended for 4 loa

nydimaria [60]

I’m not sure what the & sign is for, but if you mean one cup per load, it would be 4 cups for 4 loads.

If the question is something different, comment so I can answer accordingly

3 0

4 years ago

Solve -5 √x =-15 A. X= -9 B. X= -7 C. X= 9 D. X= 7

Leokris [45]

Divide both sides by -5
You would then get (square root)x=3 since the negatives would cancel out
Then you square both sides
You will be left with (x)*2=(3)*2
Your answer will be C. X=9
Hope that helped!

8 0

3 years ago

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Why does that formula make sense?

IceJOKER [234]

According to the trapezoid area formula, the area of a trapezoid is equal to half the product of the height and the sum of the two bases. Area = ½ x (Sum of parallel sides) x (perpendicular distance between the parallel sides).

If helped mark me the brainiest!!

5 0

3 years ago

Read 2 more answers