Suppose that in a certain year, the Pioneer fund was expected to yield 6%, while the BlackRock fund was expected to yield 6%. You would like to invest a total of up to $80,000 and earn at least $4,200 in interest in the coming year (based on the given yields). Draw the feasible region that shows how much money you can invest in each fund. (Place MHI on the x-axis and BKK on the y-axis.) Find the corner points of the region
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.
Suppose that in a certain year, the Pioneer fund was expected to yield 6%, while the BlackRock fund was expected to yield 6%. You would like to invest a total of up to $80,000 and earn at least $4,200 in interest in the coming year (based on the given yields). Draw the feasible region that shows how much money you can invest in each fund. (Place MHI on the x-axis and BKK on the y-axis.)
Find the corner points of the region
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