Answer:
The probability of getting paid more than $6500 in 100 weeks is 0.6%
Explanation:
In this problem, we need to define a probabilty distribution for the money earned.
The 100-week payoff can be expressed as
Being L the numbers of weeks we have low pay and H the weeks we have high pay.
Now, as it is a coin flip, H is a binomial random variable with p=0.5 and n=100
For a total pay off of more than 6500, H has to be
That means that in at least 63 of the 100 weeks we have to get a high pay.
If we compute the individual probabilities we get P(H≥63)=0.006 or 0.6%.
Answer:
High beta stocks
Explanation:
High beta stocks are mostly affected by changes in risk aversion. Beta measures a stock's volatility in comparison to the overall market. High-beta stocks are supposedly riskier but these stocks provide potentials for higher return, low-beta stocks have lower risk and also lower returns.
In simple terms, high beta stocks is much more volatile than the index it's being measured against.
Answer:
correct option is d. $225
Explanation:
given data
product requires = 5 component
average number of components = 5.50
reduce average number of components = 5 per unit
cost per component = $450
solution
we get here reduction in failure costs per unit due to purchasing that is express as
reduction in failure costs per unit due to purchasing = ( average number of components - product requires ) × cost per component .......................1
put here value and we get
reduction in failure costs per unit due to purchasing = ( 5.50 - 5 ) × $450
reduction in failure costs per unit due to purchasing = $225
so correct option is d. $225
Answer:
More candy being bought that is the same brand.
Explanation:
The drawee is a lawful and investment term used to define the party that has been focused by the depositor to pay a definite amount of money to the individual presenting the payment. A classic instance is if you are encashing a paycheck. The bank that cashes your check is the drawee, so in this case Southern Rock is the Bank is the drawee and the employer is the drawer.
