Calculate probability with appropriate solution supported by graphs / curves and with appropriate discussion. An investor considers a portfolio consisting of corporate bonds and real estate investment trust. He wants to find out possibilities of gaining if changes are to be made in the entire portfolio. Assuming that the investment is normally distributed, with a mean price of 150 OMR and a standard deviation of 50 OMR. a) What is the probability that the price of a new investment is more than 200 OMR? b) What is the percentage that it is more than 130 OMR but less than 175 OMR?
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.
Calculate probability with appropriate solution supported by graphs / curves and with appropriate discussion.
An investor considers a portfolio consisting of
corporate bonds and real estate investment trust. He wants to find out possibilities of gaining if changes are to be made in the entire portfolio. Assuming that the investment is
a) What is the probability that the price of a new investment is more than 200 OMR?
b) What is the percentage that it is more than 130 OMR but less than 175 OMR?
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