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melamori03 [73]

2 years ago

11

Your investments took a 7% plunge (drop) then increased by 8%. Are you ahead by 1%? Explain.

1 answer:

Sav [38]2 years ago

5 0

Answer:

If your investment dropped 7% and then increased by 8% you will not be a percent ahead. The reason being is that the increase is a lower amount and the decrease was on a larger amount.

For example, if you have $100 invested. 100*.07=$7, 100-7=$93 remaining. 93*08= $7.44. 93+7.44=100.44 (a .44 increase from the original number). One percent increase from the original number would have $101.

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2 years ago

Probabilities with possible states of nature: s1, s2, and s3. Suppose that you are given a decision situation with three possibl

amm1812

Answer:

1. $P(s_1|I)=\frac{1}{11}$

2. $P(s_2|I)=\frac{8}{11}$

3. $P(s_3|I)=\frac{2}{11}$

Step-by-step explanation:

Given information:

$P(s_1)=0.1, P(s_2)=0.6, P(s_3)=0.3$

$P(I|s_1)=0.15,P(I|s_2)=0.2,P(I|s_3)=0.1$

(1)

We need to find the value of P(s₁|I).

$P(s_1|I)=\frac{P(I|s_1)P(s_1)}{P(I|s_1)P(s_1)+P(I|s_2)P(s_2)+P(I|s_3)P(s_3)}$

$P(s_1|I)=\frac{(0.15)(0.1)}{(0.15)(0.1)+(0.2)(0.6)+(0.1)(0.3)}$

$P(s_1|I)=\frac{0.015}{0.015+0.12+0.03}$

$P(s_1|I)=\frac{0.015}{0.165}$

$P(s_1|I)=\frac{1}{11}$

Therefore the value of P(s₁|I) is $\frac{1}{11}$ .

(2)

We need to find the value of P(s₂|I).

$P(s_2|I)=\frac{P(I|s_2)P(s_2)}{P(I|s_1)P(s_1)+P(I|s_2)P(s_2)+P(I|s_3)P(s_3)}$

$P(s_2|I)=\frac{(0.2)(0.6)}{(0.15)(0.1)+(0.2)(0.6)+(0.1)(0.3)}$

$P(s_2|I)=\frac{0.12}{0.015+0.12+0.03}$

$P(s_2|I)=\frac{0.12}{0.165}$

$P(s_2|I)=\frac{8}{11}$

Therefore the value of P(s₂|I) is $\frac{8}{11}$ .

(3)

We need to find the value of P(s₃|I).

$P(s_3|I)=\frac{P(I|s_3)P(s_3)}{P(I|s_1)P(s_1)+P(I|s_2)P(s_2)+P(I|s_3)P(s_3)}$

$P(s_3|I)=\frac{(0.1)(0.3)}{(0.15)(0.1)+(0.2)(0.6)+(0.1)(0.3)}$

$P(s_3|I)=\frac{0.03}{0.015+0.12+0.03}$

$P(s_3|I)=\frac{0.03}{0.165}$

$P(s_3|I)=\frac{2}{11}$

Therefore the value of P(s₃|I) is $\frac{2}{11}$ .

4 0

2 years ago

Translate this sentence into an equation. 62 is the sum of 12 and Chrissy's age. Use the variable c to represent Chrissy's age.

Greeley [361]

62= 12+c

Which your answer is 50 cause if you take 62 and subtract it to 12 it's 50. So 50 + 12 = 62

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3 years ago

What is the volume of the portion of the sphere in which the students' favorite color is red? Round your answer to the nearest t

Finger [1]

Answer:

.28

Step-by-step explanation:

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2 years ago

Read 2 more answers

Help please I don’t understand

FromTheMoon [43]

Answer:

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2 years ago