Answer:
I don't speak spanish so please go on a spanish website! I will google translate that for you which it will be in the explanation section.
Explanation:
No hablo español, ¡así que ingrese a un sitio web en español! Lo traduciré en Google para ti, que estará en la sección de explicación.
The draws are performed with replacement. (a) is the maximum value of the sample set. So, denotes the event that the maximum value of the sample set is lesser than or equal to k. Hence, the event is same as the event ' each of X1, X2.
The transition economy might have problems with rising unemployment, inflation, lack of entrepreneurship and skills, corruption, lack of legal system, moral hazard and inequality. With these problems that the transition economy will have, it might turn foreign investors and will not invest.
Answer:
Jay Cooke & Company failed, negatively impacting stocks.
