InemogensM xei :max3 Task 3: During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over biv Year 4 times. Assume that the number of annual earnings increases for the next 10 years is modelled in accordance with characteristics of the binomial distribution. Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years. moo 2.U erit totoo artritiw 2110 yosman mot

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task 3
inemepensM xi mx3
Task 3:
During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over
babiv year 4 times. Assume that the number of annual earnings increases for the next 10 years is modelled in
accordance with characteristics of the binomial distribution.
Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years.
rt t se monteutimut homi smo bsd-.2.0 A
:t lesT
Diswiol bns toqe ert tuods noitsmotnleysb 08 ni utimut to themqirle s 101 000,000,83 vsqof ever lliw
2.0
t
woled nevig ai 20161
(AU3 8.0 afeoo 020 t)
9161 toqe tre
008.0 02U AU3
eer.o 02UVAU3
etsi biswiot ysb-08
of beeoqxe ai vnsqmos .2.U erit tort den erit edhe .t
Task 4:
A risk manager is projecting sales revenue for a firm in the fourth quarter of its fiscal year. The minimum
estimate of sales revenue is €13,000,000 and the maximum estimate is €14,000,000. The manager assumes
that the sales are uniformly distributed.
Determine the expected value of sales revenue for the fourth quarter.
Find the probability that the fourth-quarter sales will be lower than or equal to €13,200,000.
Question 1:
How does enterprise risk management differ from traditional risk management?
:SlasT
aritnom & txen erlt 19vo anoitsutoult texham met-hole worl tuods beitow ei tnsqioihsq texhsm Isionsnit A
ebienwob met-horla tuods bemeno ai lubivibi er not
to live air josqmi fripim
er aussed (litetoq abiaqu erit nistnism,.9.) 2916rla 8A ni beteevni nismen of ainsw er,atnemevom
sonsoheq met-pnol a'ynsqmoo erit tuods evitiaoq anismen
was the art tripiltripirt)
betzevni tregiitisa texham erit qeex lliw fart veetsite evitsvineb etsins erit edheb brs bremmose
Question 2:
tenisps
In order to be insurable from the viewpoint of an insurance company the loss arising from an event should not
be catastrophic nor too insignificant. Explain the above with an example for each criterion.
091014 A
16llo 8
16llo 1200-019 O
lls benevo 0
InemeeipA sisA bisw107 1.3
vpetenta etshqoqqs edil to noilghozeb horla s evip ,epioro uoy no bea68
Transcribed Image Text:inemepensM xi mx3 Task 3: During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over babiv year 4 times. Assume that the number of annual earnings increases for the next 10 years is modelled in accordance with characteristics of the binomial distribution. Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years. rt t se monteutimut homi smo bsd-.2.0 A :t lesT Diswiol bns toqe ert tuods noitsmotnleysb 08 ni utimut to themqirle s 101 000,000,83 vsqof ever lliw 2.0 t woled nevig ai 20161 (AU3 8.0 afeoo 020 t) 9161 toqe tre 008.0 02U AU3 eer.o 02UVAU3 etsi biswiot ysb-08 of beeoqxe ai vnsqmos .2.U erit tort den erit edhe .t Task 4: A risk manager is projecting sales revenue for a firm in the fourth quarter of its fiscal year. The minimum estimate of sales revenue is €13,000,000 and the maximum estimate is €14,000,000. The manager assumes that the sales are uniformly distributed. Determine the expected value of sales revenue for the fourth quarter. Find the probability that the fourth-quarter sales will be lower than or equal to €13,200,000. Question 1: How does enterprise risk management differ from traditional risk management? :SlasT aritnom & txen erlt 19vo anoitsutoult texham met-hole worl tuods beitow ei tnsqioihsq texhsm Isionsnit A ebienwob met-horla tuods bemeno ai lubivibi er not to live air josqmi fripim er aussed (litetoq abiaqu erit nistnism,.9.) 2916rla 8A ni beteevni nismen of ainsw er,atnemevom sonsoheq met-pnol a'ynsqmoo erit tuods evitiaoq anismen was the art tripiltripirt) betzevni tregiitisa texham erit qeex lliw fart veetsite evitsvineb etsins erit edheb brs bremmose Question 2: tenisps In order to be insurable from the viewpoint of an insurance company the loss arising from an event should not be catastrophic nor too insignificant. Explain the above with an example for each criterion. 091014 A 16llo 8 16llo 1200-019 O lls benevo 0 InemeeipA sisA bisw107 1.3 vpetenta etshqoqqs edil to noilghozeb horla s evip ,epioro uoy no bea68
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