Answered: A speculator has identified 300 token…

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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A speculator has identified 300 token coins to invest in. The speculator wishes to have a portfolio of 30 coins. 30% of the stock are identified as bit-coin based, 45% as etherium based and 11% as other. Each individual coin has a 30% chance of increasing in value of the next year:

1. How many different ways could the 3 types of coin be combined within the portfolio of 30 coins if the order they’re combined is not important?

2. How many different ways could the 3 types of coin be combined within the portfolio of 30 coins if the order they’re combined is important?

3. Assuming a binomial distribution what is probability that exactly 12 of the 30 coins in the portfolio increase in value of the next year?

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