Akwasi is considering investing in either Real Estate or Shopping mall, a market survey revealed the following returns with their respective business cycle which have been estimated occur evenly during the year. Business Cycle Probability Returns Real Estate Shopping mall Boom 20% 13% 16% Recession 25% 4% 8% Normal 25% 12%

Akwasi is considering investing in either Real Estate or Shopping mall, a market survey revealed the following returns with their respective business cycle which have been estimated occur evenly during the year. Business Cycle Probability Returns Real Estate Shopping mall Boom 20% 13% 16% Recession 25% 4% 8% Normal 25% 12%

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...

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Marty's Barber Shop has one barber. Customers have an arrival rate of 2.3 customers per hour, and haircuts are given with a service rate of 4 per hour. Use the Poisson arrivals and exponential service times model to answer the following questions: What is the probability that no units are in the system? If required, round your answer to four decimal places. P0 = fill in the blank 1 What is the probability that one customer is receiving a haircut and no one is waiting? If required, round your answer to four decimal places. P1 = fill in the blank 2 What is the probability that one customer is receiving a haircut and one customer is waiting? If required, round your answer to four decimal places. P2 = fill in the blank 3 What is the probability that one customer is receiving a haircut and two customers are waiting? If required, round your answer to four decimal places. P3 = fill in the blank 4 What is the probability that more than two customers are waiting? If required, round your answer…
Probability amd stalistics classwork 1. In a recent year, Consumer Reports rated many tablet computers for overall performance and quality. Based on several variables, they gave cach tablet an overall rating, where higher scores indicate better ratings. The overall ratings of the tablets produced by Apple and Samsung are given below: 87 87 87 87 86 86 86 86 84 84 Apple 84 84 83 83 83 83 81 79 76 73 88 87 87 86 86 86 86 86 84 84 83 83 Samsung 77 76 76 75 75 75 75 75 74 71 62 Parallel boxplots of the data and numerical summarics arc shown below. Min Median Маx IQR 83.45 3.762 73 83 84 86 87 3 Apple Samsung 79.87 6.74 62 75 83 86 88 11 Samsung Overal Rating Compare the overall rating distributions for Apple and Samsung. Manufacturer
Investment advisors recommend risk reduction through international diversification. International investing allows you to take advantage of the potential for growth in foreign economies, particularly in emerging markets. Janice Wong is considering investment in either Europe or Asia. She has studied these markets and believes that both markets will be influenced by the U.S. economy, which has a 20% chance for being good, a 50% chance for being fair, and a 30% chance for being poor. Probability distributions of the returns for these markets are given in the accompanying table. State of the U.S. Economy Returns in Europe Returns in Asia Good 10% 18% Fair 6% 10% Poor −6% −12%
The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.75% or more?
C. Determine how much the firm would be willing to pay to a market research firm to gain better information about future market conditions. 10. An investor must decide between two altemative investments-stocks and bonds. The return for each investment, given two future economic conditions, is shown in the following payoff table: Economic Conditions Investment Good Bad Stocks S10,000 S-4.000 Bonds 7.000 2,000 What probability for each economic condition would make the investor indifferent to the choice between stocks and bonds? 11.In Problem 5, Ann Tyler, with the help of a financial newsletter and some library research, has been able to assign probabilities to each of the possible interest rates during the next year, as follows:
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can you please answer this in an excel file.
Calculate the six values of joint probability (5th column) and present worth PW (last column) and fill in the below table assuming a first cost of $20,000 and 12% interest rate. Annual benefits Probability Life (years) Probability Joint probability $5,000 $8,000 $10,000 $5,000 $8,000 $10,000 PW 30% 6. 66.7% 60% 66.7% 10% 66.7% 30% 33.3% 60% 33.3% 10% 33.3% O6999
Part 2) Five hundreds tickets are sold at $ 2 each for a smartphone valued at $ 1000. What is the expected value of the gain if you purchase one ticket?
The probability model below describes the number of repair calls that an appliance repair shop may receive during an hour. Repair Calls 1 2 3 4 Probability .3 .3 .2 .1 Find the probability that 2 or more repair calls will be received in the next hour.