An investment analyst has tracked a certain bluechip stock for the past six months and found that on any given day, it either go
1 answer:
Answer:
0.2109 or 21.09%
Step-by-step explanation:
In order to maintain the same price after two days, the stock must go up (U) on two days and go down (D) on two days, the sample space for this event is:
S={UUDD, UDUD, UDDU, DDUU, DUDU, DUUD}
There are 6 equally likely possible outcomes. The probability that the price of the stock will be the same as it is today is:
The probability is 0.2109 or 21.09%.
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Answer:
Choice A.
Step-by-step explanation:
Use graphing calculator
Answer:
Test scores of 10.2 or lower are significantly low.
Test scores of 31 or higher are significantly high
Step-by-step explanation:
Z-score:
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
Significantly low:
Z-scores of -2 or lower
So scores of X when Z = -2 or lower
Test scores of 10.2 or lower are significantly low.
Significantly high:
Z-scores of 2 or higher
So scores of X when Z = 2 or higher
Test scores of 31 or higher are significantly high