Test 2: Risk Management Name: Surname: Group: Give detailed solutions in the spaces provided s to enwo nA mua's aevio eldst wollol ar avab 001 tesl art ni bloa eboop to 18dmun erit no noitemiolni bejoelloo Task 1: bloe edmunteluoiheq s pnillea to asitilidsdong arif bns selsa ylisb eart to A service provider has 2 outlets. The price for a service in each outlet is €10. The chart below shows the le number of clients served in Outlet A and Outlet B for a sample of 6 days last month:oop to 19dmu 81 avab to 1sdmu 001 00.1 Day 1 Number of clients per day Outlet A 2 Saldimg 8 80.0 vlilidedo19 Outlet Breedte li eldslitorq ed of berebianos el veb erf 25 20 34 og liwsb be 32lea vinobrist & terit vtilidedongar ellerW
Test 2: Risk Management Name: Surname: Group: Give detailed solutions in the spaces provided s to enwo nA mua's aevio eldst wollol ar avab 001 tesl art ni bloa eboop to 18dmun erit no noitemiolni bejoelloo Task 1: bloe edmunteluoiheq s pnillea to asitilidsdong arif bns selsa ylisb eart to A service provider has 2 outlets. The price for a service in each outlet is €10. The chart below shows the le number of clients served in Outlet A and Outlet B for a sample of 6 days last month:oop to 19dmu 81 avab to 1sdmu 001 00.1 Day 1 Number of clients per day Outlet A 2 Saldimg 8 80.0 vlilidedo19 Outlet Breedte li eldslitorq ed of berebianos el veb erf 25 20 34 og liwsb be 32lea vinobrist & terit vtilidedongar ellerW
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
100%
task 2. expected loss 300. find the variance and standard deviation
Transcribed Image Text:Test 2: Risk Management
Name:
Surname:
Group:
Give detailed solutions in the spaces provided
wollot griT eveb 001 last erit ni bloa eboop to 1edmun erit no noitemiotni betoelloo asd maits to enwo na
bloe Task 1: edmun elpoineq s pnillea to asitilidsdoig art brs solsa ylish erlt to vismmuz , eevip eldst
A service provider has 2 outlets. The price for a service in each outlet is €10. The chart below shows the
le number of clients served in Outlet A and Outlet B for a sample of 6 days last month:oop to 19m
001
avsb to tedmul
ylilidedo19
00.1
80.0
Its li eldstitorq ed of berebianoo ai veb erlT
Day
1
2
3
4
6
Number of clients per day
Outlet A
Outlet B
25
20
litora 34
40
225
35
42
24
350
lliw sb be 32lea vinobrist s terit vtilidedorq ert! el terWh
38
35
28
22
1. Calculate the average daily sales revenue for Outlet A and Outlet B.
Seldstitorq ed lliw ysb betoslez vimobrisa tsrit vtilidsdong arft ei terW S
bloa aboop to 1sdmun srit ferit smuzes oelA instenoo af ysb oldatilorq s prived to vtilidadorq erit tart emuzeA
Xeow erit to ysb erit to Inebnegebni el
2.b For each outlet, calculate the range, median and sample standard deviation of the daily sales revenue.
eldstilonq ed iliw aysb a vilosxe aysb betoelez
3. Calculate the coefficient of variation in sales for both outlets. Based on the results, which outlet has the
largest sales risk?
long ed lliw onon aysh betosles vimobne a to luo tärit vtilidadong sri ai tsrW
sbenom 10 ayeb baloelsa vimobne à to tuo terit vtilidsdorq erit al ferW
Task 2:
Assume that a risk manager estimates the following probabilities of various losses for a certain risk:
Amount of Loss, EUR
Probability of Loss
0.40
0.60
1. Given the probability distribution, find the expected loss.
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