The answer is the number that 't' must be in order for the equation
to be a true statement.
Here's how to find it:
Write t + 8 = 15
Then subtract 8 from each side: <em> t = 7</em>
Answer:
Step-by-step explanation:
1. There is a total of 16 outcomes
2. To get outcomes with a sum GREATER than 5, we have
2+4, 3+3, 3+4, 4+2, 4+3, 4+4 for a total of 6 outcomes.
3. To spin the same number twice, the possible outcomes are
1-1, 2-2, 3-3, 4-4 for a total of 4 outcomes.
Answer:
Step-by-step explanation:
An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20.
a) Let X represent the price of the option
<h3><u> x P(X=x)
</u></h3>
$1000 20/100 = 0.2
$200 50/100 = 0.5
$0 30/100 = 0.3
b) Expected option price

Therefore expected gain = $300 - $150 = $150
c) The trader should buy the stock. Since there is an positive expected gain($150) in trading that stock option.
Answer:
vvvvvvvv
Step-by-step explanation:
A.36
B.5
C.1.70
D.7
E.3.80
F.100
G.14
H.0.64
I.1.02
J.9
Basically you dived the two numbers for your awnser