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3. Now the client wants to know if a SPREAD of USD 50 / bbl signals a high or a low WTI price. Your client very much believes that a high WTI price is here to stay. Calculate the odds that this SPREAD signals a highWTI price. Be sure to show all of your calculations and provide an interpretation of your findings for the client. Provide your answer to the question directly below along with the reasons for the calculations you made along with your one line interpretation. Be sure to show all of your work in your notebook. Take a photo of the page in the notebook and upload it below. Your answer SPREAD 50.0000 sigma N(y,mu,sigma) Pr(h) 7.5470 7.5470 WTI mu H_low H_high 45 45.9900 0.0459 0.2500 55 47.6584 0.0504 0.7500 mu_SPREAD 49.46 sigma_SPREAD 8.67 mu_WTI 65.79 sigma_WTI rho_SPREAD_WTI 0.49251 25.60

3. Now the client wants to know if a SPREAD of USD 50 / bbl signals a high or a low WTI price. Your client very much believes that a high WTI price is here to stay. Calculate the odds that this SPREAD signals a highWTI price. Be sure to show all of your calculations and provide an interpretation of your findings for the client. Provide your answer to the question directly below along with the reasons for the calculations you made along with your one line interpretation. Be sure to show all of your work in your notebook. Take a photo of the page in the notebook and upload it below. Your answer SPREAD 50.0000 sigma N(y,mu,sigma) Pr(h) 7.5470 7.5470 WTI mu H_low H_high 45 45.9900 0.0459 0.2500 55 47.6584 0.0504 0.7500 mu_SPREAD 49.46 sigma_SPREAD 8.67 mu_WTI 65.79 sigma_WTI rho_SPREAD_WTI 0.49251 25.60

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. Now the client wants to know if a SPREAD of USD 50 / bbl signals a high or a low WTI price. Your client very much believes that a high WTI price is here to stay. Calculate the odds that this SPREAD signals a high WTI price. Be sure to show all of your calculations and provide an interpretation of your findings for the client. Provide your answer to the question directly below along with the reasons for the calculations you made along with your one line interpretation. Be sure to show all of your work in your notebook. Take a photo of the page in the notebook and upload it below. Your answer SPREAD 50.0000 WTI sigma N(y,mu,sigma) 7.5470 7.5470 h mu Pr(h) H_low H_high 45 45.9900 0.0459 0.2500 55 47.6584 0.0504 0.7500 mu_SPREAD 49.46 sigma_SPREAD 8.67 mu_WTI sigma_WTI rho_SPREAD_WTI 65.79 25.60 0.49251 variable mean WTI variable mean UNL min 49.44 min 2.29 25% 25% 50% 75% 66.70 2.76 71.20 50% 2.88 75.94 75% 2.99 max 99.13 max 3.59 IQR 0.25 fence 0.75 fence 9.23 IQR 0.23 52.86 0.25 fence 2.41 89.78 0.75 fence 3.34 mean 71.33 mean 2.88 sd 6.92 sd 0.17 mad 5.52 mad 0.14 skewness 0.06 skewness 0.04 kurtosis 2.97 kurtosis 3.00 count 10000 count 10000 credible credible 99% 99% interval interval 0.5% 54.09 0.5% 2.44 99.5% 89.45 99.5% 3.33
Transcribed Image Text:3. Now the client wants to know if a SPREAD of USD 50 / bbl signals a high or a low WTI price. Your client very much believes that a high WTI price is here to stay. Calculate the odds that this SPREAD signals a high WTI price. Be sure to show all of your calculations and provide an interpretation of your findings for the client. Provide your answer to the question directly below along with the reasons for the calculations you made along with your one line interpretation. Be sure to show all of your work in your notebook. Take a photo of the page in the notebook and upload it below. Your answer SPREAD 50.0000 WTI sigma N(y,mu,sigma) 7.5470 7.5470 h mu Pr(h) H_low H_high 45 45.9900 0.0459 0.2500 55 47.6584 0.0504 0.7500 mu_SPREAD 49.46 sigma_SPREAD 8.67 mu_WTI sigma_WTI rho_SPREAD_WTI 65.79 25.60 0.49251 variable mean WTI variable mean UNL min 49.44 min 2.29 25% 25% 50% 75% 66.70 2.76 71.20 50% 2.88 75.94 75% 2.99 max 99.13 max 3.59 IQR 0.25 fence 0.75 fence 9.23 IQR 0.23 52.86 0.25 fence 2.41 89.78 0.75 fence 3.34 mean 71.33 mean 2.88 sd 6.92 sd 0.17 mad 5.52 mad 0.14 skewness 0.06 skewness 0.04 kurtosis 2.97 kurtosis 3.00 count 10000 count 10000 credible credible 99% 99% interval interval 0.5% 54.09 0.5% 2.44 99.5% 89.45 99.5% 3.33
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