Task 3. The daily price increase of shares of the company "Alfa" in % has an exponential distribution (one-sided) with the scale parameter a=3. Determine a) the average daily increase in the stock price of this company, b) the probability, with which the share price will increase tomorro

Task 3. The daily price increase of shares of the company "Alfa" in % has an exponential distribution (one-sided) with the scale parameter a=3. Determine a) the average daily increase in the stock price of this company, b) the probability, with which the share price will increase tomorro

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Question

Task 3. The daily price increase of shares of the company "Alfa" in % has an exponential distribution (one-sided) with the scale parameter a=3. Determine

a) the average daily increase in the stock price of this company,

b) the probability, with which the share price will increase tomorrow by at least 1% but no more than 3%.

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