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3) Suppose you own a share of a stock for which each day the price either goes up $1 or down $1, according to the toss of a coin. In Excel, Find the probability your price will be (a) up $1 after three days (or three tosses); (b) up $1 or more after three days; (c) down $8 after ten days; (use 2n to get the total number of possible elementary outcomes) (d) down $8 or more after ten days.

3) Suppose you own a share of a stock for which each day the price either goes up $1 or down $1, according to the toss of a coin. In Excel, Find the probability your price will be (a) up $1 after three days (or three tosses); (b) up $1 or more after three days; (c) down $8 after ten days; (use 2n to get the total number of possible elementary outcomes) (d) down $8 or more after ten days.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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3) Suppose you own a share of a stock for which each day the price either goes up $1 or down $1, according to the toss of a coin. In Excel, Find the probability your price will be (a) up $1 after three days (or three tosses); (b) up $1 or more after three days; (c) down $8 after ten days; (use 2n to get the total number of possible elementary outcomes) (d) down $8 or more after ten days.
Transcribed Image Text:3) Suppose you own a share of a stock for which each day the price either goes up $1 or down $1, according to the toss of a coin. In Excel, Find the probability your price will be (a) up $1 after three days (or three tosses); (b) up $1 or more after three days; (c) down $8 after ten days; (use 2n to get the total number of possible elementary outcomes) (d) down $8 or more after ten days.
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