5.) If you choose 50 companies, what is the probability that the percent gain of the company is between 0.9 and 0.95? A.) 0.3438 B.) 0.4357 C.) 0.0919 D.) 0.7795
5.) If you choose 50 companies, what is the probability that the percent gain of the company is between 0.9 and 0.95? A.) 0.3438 B.) 0.4357 C.) 0.0919 D.) 0.7795
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Concept explainers
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Topic Video
Question
100%

Transcribed Image Text:5.) If you choose 50 companies, what is the probability that the percent gain of the
company is between 0.9 and 0.95?
A.) 0.3438 B.) 0.4357 C.) 0.0919 D.) 0.7795

Transcribed Image Text:Multiple Choice: Choose the letter of the correct answer.
You want to invest in companies belonging to Gispa Group of Companies Inc. so you
did some research and found out that companies belonging to this group has an
average gain of 0.8 percent and standard deviation of 0.7 percent. Given that a positive
percent (gain) means profit and a negative percent means a loss, answer the following
questions.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.Recommended textbooks for you

A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON


A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
