Elementary Statistics 7th.ed. Instructor's Review Copy
7th Edition
ISBN: 9780134683584
Author: Larson
Publisher: PEARSON
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Chapter 1.2, Problem 30E
Classifying Data by Type and Level In Exercises 27–32, determine whether the data are qualitative or quantitative, and determine the level of measurement of the data set.
30. Diving The scores for the gold medal winning diver in the men’s 10-meter platform
| 91.80 | 91.00 | 88.20 |
| 97.20 | 99.90 | 91.80 |
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In this problem, we consider a Brownian motion (W+) t≥0. We consider a stock model (St)t>0
given (under the measure P) by
d.St 0.03 St dt + 0.2 St dwt,
with So 2. We assume that the interest rate is r = 0.06. The purpose of this problem is to
price an option on this stock (which we name cubic put). This option is European-type, with
maturity 3 months (i.e. T = 0.25 years), and payoff given by
F = (8-5)+
(a) Write the Stochastic Differential Equation satisfied by (St) under the risk-neutral measure
Q. (You don't need to prove it, simply give the answer.)
(b) Give the price of a regular European put on (St) with maturity 3 months and strike K = 2.
(c) Let X =
S. Find the Stochastic Differential Equation satisfied by the process (Xt)
under the measure Q.
(d) Find an explicit expression for X₁ = S3 under measure Q.
(e) Using the results above, find the price of the cubic put option mentioned above.
(f) Is the price in (e) the same as in question (b)? (Explain why.)
Chapter 1 Solutions
Elementary Statistics 7th.ed. Instructor's Review Copy
Ch. 1.1 - In a survey of 1501 ninth to twelfth graders in...Ch. 1.1 - Determine whether each number describes a...Ch. 1.1 - A study of 1000 U.S. adults found that when they...Ch. 1.1 - How is a sample related to a population?Ch. 1.1 - Why is a sample used more often than a population?Ch. 1.1 - What is the difference between a parameter and a...Ch. 1.1 - What are the two main branches of statistics?Ch. 1.1 - True or False? In Exercises 510, determine whether...Ch. 1.1 - True or False? In Exercises 510, determine whether...Ch. 1.1 - True or False? In Exercises 510, determine whether...
Ch. 1.1 - True or False? In Exercises 510, determine whether...Ch. 1.1 - True or False? In Exercises 510, determine whether...Ch. 1.1 - True or False? In Exercises 510, determine whether...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Classifying a Data Set In Exercises 1120,...Ch. 1.1 - Graphical Analysis In Exercises 2124, use the Venn...Ch. 1.1 - Graphical Analysis In Exercises 2124, use the Venn...Ch. 1.1 - Graphical Analysis In Exercises 2124, use the Venn...Ch. 1.1 - Graphical Analysis In Exercises 2124, use the Venn...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Identifying Data Sets In Exercises 2534, identify...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Distinguishing Between a Parameter and a Statistic...Ch. 1.1 - Descriptive and Inferential Statistics Which part...Ch. 1.1 - Descriptive and Inferential Statistics Which part...Ch. 1.1 - Exercise and Cognitive Ability A study of 876...Ch. 1.1 - Increase in Obesity Rates A study shows that the...Ch. 1.1 - Sleep and Student Achievement A study shows the...Ch. 1.2 - The populations of several U.S. cities are shown...Ch. 1.2 - For each data set. determine whether the data are...Ch. 1.2 - For each data set, determine whether the data are...Ch. 1.2 - Name each level of measurement for which data can...Ch. 1.2 - Name each level of measurement for which data can...Ch. 1.2 - True or False? 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In Exercises 36, determine whether...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data by Type In Exercises 714,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Classifying Data By Level In Exercises 1520,...Ch. 1.2 - Graphical Analysis In Exercises 2124, determine...Ch. 1.2 - Graphical Analysis In Exercises 2124, determine...Ch. 1.2 - Graphical Analysis In Exercises 2124, determine...Ch. 1.2 - Graphical Analysis In Exercises 2124, determine...Ch. 1.2 - The items below appear on a physician's intake...Ch. 1.2 - Graphical Analysis In Exercises 2124, determine...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Classifying Data by Type and Level In Exercises...Ch. 1.2 - Extending Concepts 33. 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