shift ↑"DBusiness projection: An investor is considering an investment in a start-up company. She estimates that she has probability 0.40 of a $14,000 loss,probability 0.27 of a $5900 profit, probability 0.18 of a $60,000 profit, and probability 0.15 of breaking even (a profit of $0). What is the expected value of theprofit? Would you advise the investor to make the investment?19orHtabPart: 0/2caps lockPart 1 of 2escThe expected value of the profit is $→K-fnSkip Part CheckType here to searchwer.ng design.LE1Stay connectedand entertained2QA@NHhip2WS#3XaltE"10$4с()XRs%F55Vto 40TG6#&YB99-H7ahp4+UNSave For Later© 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy CenterAOKE33 SO8144(9M10 111JUJKLYOO.- 1P:1 +{alt[?7insertSubmit AssignmentAccessibility9:22 PM40 2/21/2023prt scctripausebackspaceUSE YOUR SMARTPHONE FORReviews Videos FeaturesSpecs SupportEdoF19SCANLPRO

profit : x probability : P(x) -14000 0.40 5900 0.27 60000 0.18 0 0.15

Answered: Business projection: An investor is…

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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The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 900 tickets. There is one $2,000 grand prize, four $500 second prizes, and thirteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. Hìnt: Hint Video on Expected Value [+] Submit Question Wassess2//skop/11 o search DII FS prt sc home end insert delet F10 F12 114 %23 2 3 4. 7 8. 9. W R U F K C V G
K According to a recent survey, the probability that the driver in a fatal vehicle accident is female (event F) is 0.2929. The probability that the driver is 24 years old or les (event A) is 0.1922. The probability that the driver is female and is 24 years old or less is 0.0529. Answer parts (a) through (d) below. (a) Find the probability of FUA. P(FUA) = 0.4322 (Round to four decimal places as needed.) (b) Find the probability of F'UA. P (F'UA) = (Round to four decimal places as needed.) ...
A producer of Zion National Park t-shirts is considering a sale that promises a profit of $37,000 with a probability of 0.6 or a loss (due to lack of tourists, disinterest, natural disasters etc.) of S13,000 with a probability of 0.4. What is the expected profit? Fill in the table below. For the computer to grade this one correctly make sure that you list the profit first. P(x) x P(x) profit loss What is the expected profit/loss? S
PRACTICE ANOTHER Recall that Benford's Law claims that numbers chosen from very large data files tend to have "1" as the first nonzero digit disproportionately often. In fact, research has shown that if you randomly draw a number from a very large data file, the probability of getting a number with "1" as the leading digit is about 0.301. Now suppose you are the auditor for a very large corporation. The revenue file contains millions of numbers in a large computer data bank. You draw a random sample of n = 225 numbers from this file and r = 85 have a first nonzero digit of 1. Let p represent the population proportion of all numbers in the computer file that have a leading digit of 1. What is the value of the sample test statistic? (Round your answer to two decimal places.) ANSWER IS NOT 2.57 Find the P-value of the test statistic. (Round your answer to four decimal places.) ANSWER IS NOT 0.0102
1990s Internet Stock Boom According to an article, 18% of Internet stocks that entered the market in 1999 ended up trading below their initial offering prices. If you were an investor who purchased four Internet stocks at their initial offering prices, what was the probability that at least three of them would end up trading at or above their initial offering price? (Round your answer to four decimal places.) P(X 2 3) = Need Help? Read It Watch It E Show My Work (Optional) ?
LO Time (Seconds) Percentage A survey asking mobile phone users how long they would wait for a page to load found the following results. Find the probabilities that a person would wait the following amounts. 3% 17% 20 18% (a) The probability that a person would wait no more than 10 seconds is (Type an integer or a decimal.) More (') Get mor
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For a group of 20 students taking a PSDTF test, the mean heart rate was 96 beats per minute, and the standard deviation was 5. Find the 95% confidence interval of the true mean.
Insurance: An insurance company sells a 1-year term life insurance policy to an 80-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $53,000 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 80-year-old woman will be alive 1 year later is 0.9259. Let X be the profit made by the insurance company. Part: 0 / 2 Part 1 of 2 (a) Find the probability distribution. The probability distribution is X P(x) 4000 ☑

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