Matrix below indicates PROFIT expected from 4 alternatives under 4 states of nature. Determine whichalternative is dominant using With and Without Probability (use a = 0.3 and probability of: 30%, ; 20%;40% & 10% for Si, S2, S3, and S4 respectively):AlternativesS1S2S3S4A110201815A212152520АЗ15181925A413163018

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Answered: Matrix below indicates PROFIT expected…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 27PPS

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There are two risky shares, where you have calculated the means, and the correlation coefficient of returns between the two shares. Sketch the mean-variance efficient frontier for portfolios of the two shares when the correlation coefficient is +1 and 0 respectively. Explain the shape of the frontier using algebra.
A soccer team has 2 games scheduled for one weekend. It has a 0.4 probability of not losing first game and 0.7 probability of not losing the second game, independent of the first. If the team doesn't lose a particular game, the team is equally likely to win or tie. The team will receive 2 points for a win, 1 for a tie, and 0 for a loss. Find the PMF of the number of points that the team earns over the weekend. Find the expected value for the number of points earned. Find the variance for the number of points earned.
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