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galina1969 [7]
3 years ago
12

[EDITED] NEED HELP ON STATS QUESTION 40 POINTS

Advanced Placement (AP)
1 answer:
Margaret [11]3 years ago
3 0
<h3>Answer:</h3>
  1. A — 1
  2. B — ∑[k=0..2] 15Ck(.24^k)(.76^(15-k))
  3. D — 12 and 3.1
  4. A — 0.1091
  5. B — 0.83 ...
<h3>Explanation:</h3>

1. The probability is 0.52 that the officer will pull over a driver and then the expected number more. So, if x is the expected number of drivers pulled over until one is not texting, we have ...

... x = 0.52(1+x)

... 0.48x = 0.52

... x = 0.52/0.48 = 13/12 = 1 1/12 ≈ 1 . . . . matches selection A

(<em>Comment on this result</em>: I find it interesting that these are the odds in favor of finding a driver who texts. That is, if the probability of texting is 0.98, the odds are 49:1 that a driver will be texting, and the expected number of pull-overs is 49.)

2. The probability of at most 2 being cured is the probability of 0, 1, or 2 being cured. You need to add up those probabilities. The sum in answer selection B does that.

3. The mean of a binomial distribution is ...

... μx = np = 60·0.2 = 12

... σx = √(np(1-p)) = √(12·0.8) ≈ 3.0984

These match selection D.

4. 20C14(0.8^14)(0.2^6) = 38760·.043980·0.000064 ≈ 0.109100 . . . matches A

5. mean(x) = 0.94; mean(x^2) = 1.58, so ...

... σx = √(1.58 -0.94²) ≈ 0.83 . . . . matches selection B

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Students were measuring distances and found one to be 2.04 m. When they asked the teacher if their measurement was correct, the
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Answer:

The percentage error is 5.56%

Explanation:

Given

Measured (M) = 2.04m

Actual (A)= 2.16m

Required

Determine the percentage error

Percentage error (P) is calculated as follows:

P = \frac{|A - M|}{A} * 100\%

P = \frac{|2.16 - 2.04|}{2.16} * 100\%

P = \frac{|0.12|}{2.16} * 100\%

P = \frac{0.12}{2.16} * 100\%

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P = 5.56\%

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<em>The percentage error is 5.56%</em>

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2 years ago
Stock Y has a beta of 1.0 and an expected return of 12.4 percent. Stock Z has a beta of .6 and an expected return of 8.2 percent
Harlamova29_29 [7]

Answer: 1.9%

Explanation:

First derive the Market return as this is needed in the Capital Asset Pricing Model by using the same model:

Required return = Risk free rate + Beta * ( market return - Risk free rate)

Using stock Y:

12.4% = Risk free rate + 1 * (market return - Risk free rate)

12.4% = Rf + market return - Rf

Market return = 12.4%

Use this to calculate the Risk free rate:

Stock Z:

8.2% = Rf + 0.6 * (12.4% - Rf)

8.2% = Rf + 7.44% - 0.6Rf

Rf - 0.6Rf = 8.2% - 7.44%

0.4Rf = 0.76%

Rf = 0.76% / 0.4

= 1.9%

7 0
2 years ago
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