Please help asap with explanation !! <3
1 answer:
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Answer:
The probability that at least two stocks will have a return of more than 12% is 0.1810.
Step-by-step explanation:
Let <em>X</em> = rate of return on stocks.
The random variable <em>X</em> follows a Normal distribution, N (9, 3²).
Compute the probability that a stock has rate of return more than 12% as follows:
**Use the <em>z</em> table for the probability.
The probability of a stock having rate of return more than 12% is 0.1587.
Now define a random variable <em>Y</em> as the number of stocks that has rate of return more than 12%.
The sample size of stocks selected is, <em>n</em> = 5.
The random variable <em>Y </em>follows a Binomial distribution.
The probability of a Binomial distribution is:
Compute the value of P (X ≥ 2) as follows:
P (X ≥ 2) = 1 - P (X < 2)
= 1 - P (X = 0) - P (X = 1)
Thus, the probability that at least two stocks will have a return of more than 12% is 0.1810.
Answer:
<h2>The box plot is the only display that can be used to show the variability of the data.</h2><h2>The median appears clearly on the box plot at the line within the box: 10.</h2>Step-by-step explanation:
When we want to represent variability, we use a box plot instead of a dot plot, because the box plot allow us to observe the range of the data set, that is, the minium and the maximum value.
Remember that variability is about the spread of the dataset, and the range is a measure that can give a pretty good idea of it, shown by a box plot.
Therefore, the last hoice is correct.
On the other hand, according to the dot plot, the median is 10, because there are 13 total values, where the central value is 10.
Therefore, the second choice is correct.
