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- The following table represents the highest educational attainment of all adult residents in a certain town. If a resident who is 30-49 years old is chosen at random, what is the probability that they have completed a only high school or just some college? Round your answer to the nearest thousandth. High school only Some college Bachelor's degree Master's degree Total Age Age 20- 29 Age 30- 40- 39 49 1590 1368 285 2157 1306 824 1888 1049 568 1124 297 428 Age 50 & Total over 1974 5217 1012 5299 799 4304 981 2830 6759 4020 2105 4766 17650a. Which of the following CANNOT be a probability distribution? Explain.i. p(x) = x / 6 for x = 1,2,3ii. p x = x for x = 1,2,3iii. p(x) = x / 5 for x = 1,0,1 b. An investor has $1000 available for a 1-year investment. The investor isconsidering the following three options:Option APossible return 30% 20% 0% -20%Probability 25% 40% 20% 15%Option BPossible return 50% 30% 0% -40%Probability 15% 50% 20% 15%Option CGuaranteed return 10%Probability 100%i. Based on the expected returns, which of these options should theinvestor choose?ii. Compute the standard deviations for Option A and Option B. Whichone of options A, B, and C has the least risk (i.e. the smallest standarddeviation), which one has the highest risk? What can you say aboutthe relationship between the expected returns and the risks of financialassets in the normal situation?Observations of a river that is subject to flooding have been carried out over a 100 year period. The number of floods that have occurred per year are given in the following table. Number of years 30 35 22 10 0 Number of floods 0 1 2 3 4 Determine the probability of flooding for the next fifty years.
- Let X = {Email, In Person, Instant Message, Text Message}; P(Email) = 0.06 P(In Person) = 0.55 P(Instant Message) = 0.24 P(Text Message) = 0.15 Is this model a probability distribution? A. Yes. B. No. C. Maybe.The following table represents the highest educational attainment of all adult residents in a certain town. If an adult is chosen randomly from the town, what is the probability that they have a high school degree or some college, but have no college degree? Round your answer to the nearest thousandth. High school only Some college Bachelor's degree Master's degree Total Age 20-29 Age 30-39 Age 40-49 Age 50 & over 1346 278 1866 2069 1640 1143 6198 1060 1471 1676 433 4640 1531 640 456 2905 2504 1966 887 7223 Total 4550 7575 5922 2919 20966Parts a-d please
- Below is a partially complete probability model. Outcome 0.5 1 1.5 4 Probability 0.35 0.2 0.15 ? Enter the probability for the final outcome. Find the expected value of the probability model.Did I do 1 through 4 correct?Tyson Corp. stock has returns of 3%, 18%, -24%, and 28% for the past four years. Based on this information, what is the 99% probability range for any one given year? Select one: Oa 24.5 to 34.3% O b.-61.7 to 74.2% OC.-8.4 to 11.7% Od.-16.4 to 28.9% e. 39.0 to 51.5%
- Below is a partially complete probability model. Enter the probability for the final outcome. Outcome 3 3 3.5 6 Probability 0.35 0.2 0.15 Find the expected value of the probability model. SpeakK The following data represent the number of drivers involved in a fatal crash in 2016 in various light and weather conditions. Complete parts (a) through (c) below. Click the icon to view the data for fatal crashes in 2016. (a) Among fatal crashes in unknown weather conditions, what is the probability that a randomly selected fatal crash occurs when it is dawn/dusk? The probability that a randomly selected fatal crash in unknown weather conditions occurs when it is dawn/dusk is approximately. (Round to three decimal places as needed.) Data table Weather Daylight Dark, but Lighted 5875 497 51 54 255 Normal Rain Snow/Sleet Other Unknown 14,307 875 219 125 810 (...) Dark 8151 681 156 220 548 Dawn/Dusk Other 1183 87 40 71 65 8 2 9 133 XThe following table represents the highest educational attainment of all adult residents in a certain town. If an adult is chosen randomly from the town, what is the probability that they have a high school degree or some college, but have no college degree? Round your answer to the nearest thousandth. Age 20-29 Age 30-39 | Age 40-49 | Age 50 & over Total High school only 1360 1326 397 859 3942 Some college 1536 1140 1092 2724 6492 Bachelor's degree 978 1387 958 1002 4325 Master's degree 464 1001 351 195 2011 Total 4875 4204 2642 5049 16770
