My method is on a) you would just subtract 12 and 7 which is 5. You can do the rest and then when you get all the answers put them from smallest to largest
The expected value that this broker assign to this stock's end-of-the-year price is $58.50.
Using this formula
Expected value=Stock worth at $50+ Stock worth at $60+ Stock worth at $70
Where:
Stock worth at $50=40% chance
Stock worth at $60=35% chance
Stock worth at $70=25% chance
Let plug in the formula
Expected value=(40%×$50)+($35%×$60)+($25%×$70)
Expected value=$20+$21+$17.5
Expected value=$58.50
Inconclusion the expected value that this broker assign to this stock's end-of-the-year price is $58.50.
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brainly.com/question/12834805
Answer:the third option is the correct answer
Step-by-step explanation:
The given system of linear equations is expressed as
y – 3x = –2 - - - - - - - - - - - -1
y = 4 - - - - - - - - - - - - - 2
The first step is to substitute equation 1 into equation 2. It becomes
4 – 3x = –2
Subtracting 4 from the left hand side and the right hand side of the equation, it becomes
4 - 4 - 3x = –2 - 4
- 3x = - 6
Dividing the left hand side and the right hand side of the equation by - 3, it becomes
- 3x/ - 3 = - 6/ - 3
x = 2
(2, 4)
Answer:
the one u about to click on
