3. Now the client wants to know if a SPREAD of USD 50 / bbl signals a high ora low WTI price. Your client very much believes that a high WTI price is here tostay. Calculate the odds that this SPREAD signals a high WTI price. Be sure toshow all of your calculations and provide an interpretation of your findingsfor the client. Provide your answer to the question directly below along withthe reasons for the calculations you made along with your one lineinterpretation. Be sure to show all of your work in your notebook. Take aphoto of the page in the notebook and upload it below.Your answerSPREAD 50.0000WTIsigma N(y,mu,sigma)7.54707.5470hmuPr(h)H_lowH_high4545.99000.04590.25005547.65840.05040.7500mu_SPREAD49.46sigma_SPREAD8.67mu_WTIsigma_WTIrho_SPREAD_WTI65.7925.600.49251variablemean WTIvariablemean UNLmin49.44min2.2925%25%50%75%66.702.7671.2050%2.8875.9475%2.99max99.13max3.59IQR0.25 fence0.75 fence9.23IQR0.2352.860.25 fence2.4189.780.75 fence3.34mean71.33mean2.88sd6.92sd0.17mad5.52mad0.14skewness0.06skewness0.04kurtosis2.97kurtosis3.00count10000count10000crediblecredible99%99%intervalinterval0.5%54.090.5%2.4499.5%89.4599.5%3.33

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Answered: 3. Now the client wants to know if a…

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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