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%.
The experiment probabilities are listed below:
One: 2 out of 20 = 2 / 20 = 0.1 or 10%
Four: 5 out of 20 = 5 / 20 = 1 / 4 = 0.25 = 25%
The theoretical probability of any single number is 1 out of 6 or about 17%.
The experimental probability for ones was less than and for fours it was greater than the theoretical probability.
Answer:
Mean = 30516.67
Standard deviation, s = 3996.55
P(x < 27000) = 0.0011518
Step-by-step explanation:
Given the data:
28500 35500 32600 36000 34000 25700 27500 29000 24600 31500 34500 26800
Mean, xbar = Σx / n = 366200 /12 = 30516.67
Standard deviation, s = [√Σ(x - xbar) / n-1]
Using calculator, s = 3996.55
The ZSCORE = (x - mean) / s/√n
Zscore = (27000 - 30516.67) / (3996.55/√12)
Zscore = - 3516.67 / 1153.7046
Zscore = - 3.048
P(x < 27000) = P(Z < - 3.049) = 0.0011518
21 hrs. Because if Harry worked one third the hrs thats Aiden worked then 7×3 =21 and 21÷3=7. So 7 is one third of 21.
