Answer:
Step-by-step explanation:
An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.
a) Let X represent the price of the option
<h3><u> x P(X=x)
</u></h3>
$1000 20/100 = 0.2
$200 50/100 = 0.5
$0 30/100 = 0.3
b) Expected option price
Therefore expected gain = $300 - $150 = $150
c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.
1/8 is your answer
-Hope this helps
Answer:
Step-by-step explanation:
3 out of 12 children at the day care center are 5-year-olds. So, the probability of a randomly selected child being a five-year old is 
, or .
Answer:
The difference in slopes of 
is = 3
We can say slope of 
is positive and 3 more than slope of 
while slope of is negative.
Difference of y-intercepts of is = -7
We can say the y-intercept of is positive and 7 units above while y-intercept of is negative.
Step-by-step explanation:
Given equation:
We need to find the difference of slopes and y-intercepts of the given equations.
The standard form of a slope intercept equation of line is given by:
where 
represents slope and 
represents y-intercept of line.
Writing the given equations in standard form to find slope and y-intercept.
Slope = 2 and y-intercept =-2
Slope = -1 and y-intercept =5
The difference in slopes of is = 
We can say slope of is positive and 3 more than slope of while slope of is negative.
Difference of y-intercepts of is = 
We can say the y-intercept of is positive and 7 units above while y-intercept of is negative.
She'll have traveled approximately 431.07 km in 8.5 hours, also, 267.85448 miles per hour.
