Answer:
The probability of Ann winning the prize is 2.464
Explanation:
The probability of Ann winning the prize can be analysed as potray below
1.pr(of Ann being the first player selected).
Here Ann plays the 2nd,3rd and 4th player to win prize,the probability=0.8×0.8×0.8=0.512
2.Pr(of Ann being the second player selected)
If Ann is randomly selected as the second player,she will still need to play three matches to win with 1st,3rd and 4th
0.8×0.8×0.8=0.512
3.Pr(of Ann. Being the third player chooses randomly),Ann will get to play just two players i.e the winner of 1and 2 and the 4th.the probability=0.8×0.8=0.64
4.Pr(of Ann being the 4th player choosen randomly)
Ann gets to play only one match to win the prize in this scenario
So probability of a Ann win is 0.8
Total probability a Ann winning the prize=0.512+0.512+0.64+0.8=2.464
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
1935
Explanation:
32,000-15,000 = 17,000
17,000 x 0.075 = $1275 (this is his commission)
1275 + 660 = $1935
$1935 is his gross income for the month
Answer:
2 cents
Explanation:
The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents
The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175
The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)
Minimum price = Maximum (2 , 1.47, 0) = 2 cents
Answer:
He must have a skratta du flörlar du in his album cover
Explanation:
You laugh, you lose
