Introductory Statistics
1st Edition
ISBN: 9781938168208
Author: Barbara Illowsky, Susan Dean
Publisher: OpenStax College
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Textbook Question
Chapter 4, Problem 75H
A venture capitalist, willing to invest 51.000,000. has three investments to choose from. The first Investment, a software company, has a 10% chance of returning 55,000.000 profit, a 30% chance of returning S 1,000,000 profit, and a 60% chance of losing the million dollars. The second coftany, a hardware corrany, has a 20% chance of returning S3.000,000 profit, a 40% chance of returning Sl,000,000 profit, and a 0% chance of losing the million dollars. The third company a biotech firm, has a 10% chance of returning $6000000 profit, a 70% of no profit loss, and a 20% chance of losing the million dollars.
a. Construct a
b. Find the expected ‘a1ue for each investment.
c. Which Is the safest Investment? Why do you think so?
d. Which is the riskiest investment? Why do you think so?
e. Which Investment has the highest expected return, on average?
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For each of the time series, construct a line chart of the data and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical).
Year Month Rate (%)2009 Mar 8.72009 Apr 9.02009 May 9.42009 Jun 9.52009 Jul 9.52009 Aug 9.62009 Sep 9.82009 Oct 10.02009 Nov 9.92009 Dec 9.92010 Jan 9.82010 Feb 9.82010 Mar 9.92010 Apr 9.92010 May 9.62010 Jun 9.42010 Jul 9.52010 Aug 9.52010 Sep 9.52010 Oct 9.52010 Nov 9.82010 Dec 9.32011 Jan 9.12011 Feb 9.02011 Mar 8.92011 Apr 9.02011 May 9.02011 Jun 9.12011 Jul 9.02011 Aug 9.02011 Sep 9.02011 Oct 8.92011 Nov 8.62011 Dec 8.52012 Jan 8.32012 Feb 8.32012 Mar 8.22012 Apr 8.12012 May 8.22012 Jun 8.22012 Jul 8.22012 Aug 8.12012 Sep 7.82012 Oct…
For each of the time series, construct a line chart of the data and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical).
Date IBM9/7/2010 $125.959/8/2010 $126.089/9/2010 $126.369/10/2010 $127.999/13/2010 $129.619/14/2010 $128.859/15/2010 $129.439/16/2010 $129.679/17/2010 $130.199/20/2010 $131.79
a. Construct a line chart of the closing stock prices data. Choose the correct chart below.
For each of the time series, construct a line chart of the data and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical)
Date IBM9/7/2010 $125.959/8/2010 $126.089/9/2010 $126.369/10/2010 $127.999/13/2010 $129.619/14/2010 $128.859/15/2010 $129.439/16/2010 $129.679/17/2010 $130.199/20/2010 $131.79
Chapter 4 Solutions
Introductory Statistics
Ch. 4 - A hospital researcher Is Interested In the number...Ch. 4 - Jeremiah has basketball practice two days a week....Ch. 4 - A hospital researcher is interested in the number...Ch. 4 - You are playing a game of chance In which four...Ch. 4 - Suppose you play a game with a spinner. You play...Ch. 4 - On Ma 11, 2013 at 9:30 PM. the probability that...Ch. 4 - The state health board is concerned about the...Ch. 4 - A trainer is teaching a dolphin to do tricks. The...Ch. 4 - A fair, six-sided die is rolled ten times. Each...Ch. 4 - Sixty-five percent of people pass the state...
Ch. 4 - About 32% of students participate in a community...Ch. 4 - According to a Gallup poll, 60% of American adults...Ch. 4 - During the 2013 regular NBA season. DeAndre Jordan...Ch. 4 - A lacrosse team is selecting a captain. The names...Ch. 4 - You throw darts at a board until you hit the...Ch. 4 - An instructor feels that 15% of students get below...Ch. 4 - You need to find a store that carries a special...Ch. 4 - The probability of a defective steel rod is 0.01....Ch. 4 - The literacy rate for a nation measures the...Ch. 4 - A bag contains letter tiles. Forty-four of the...Ch. 4 - A gross of eggs contains 144 eggs. A particular...Ch. 4 - A palette has 200 milk cartons. 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It sells 100...Ch. 4 - A game Involves selecting a card from a regular...Ch. 4 - You buy a lottery ticket to a lottery that costs...Ch. 4 - Complete the PDF and answer the questions. a. Find...Ch. 4 - Suppose that you are offered the following deal.’...Ch. 4 - A venture capitalist, willing to invest...Ch. 4 - Suppose that 20,000 married adults in the United...Ch. 4 - Suppose that the PDF for the number of years It...Ch. 4 - People visiting video rental stores often rent...Ch. 4 - A friend’ offers you the following deal. 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Of interest...Ch. 4 - More than 96 percent of the veiy Largest colleges...Ch. 4 - Suppose that about 85% of graduating students...Ch. 4 - At The Fencing Center. 60% of the fencers use the...Ch. 4 - Approximately 8% of students at a local high...Ch. 4 - The chance of an IRS audit for a tax return with...Ch. 4 - It has been estimated that only about 30% of...Ch. 4 - There are two similar games played for Chinese New...Ch. 4 - According to The World Bank, only 9% of the...Ch. 4 - The literacy rate for a nation measures the...Ch. 4 - A consumer looking to buy a used red Miata car...Ch. 4 - Suppose that the probability that an adult In...Ch. 4 - It has been estimated that only about 3000 of...Ch. 4 - In one of its Spring catalogs, Li. Beans...Ch. 4 - Suppose that you are performing the probability...Ch. 4 - Ellen has music practice three days a week. She...Ch. 4 - The World Bank records the prevalence of HIV In...Ch. 4 - According to a recent Pew Research poll, 75% of...Ch. 4 - A group of Martial Arts students Is planning on...Ch. 4 - In one of its Spring catalogs, L.L. Bean...Ch. 4 - Suppose that a technology task force Is being...Ch. 4 - Suppose that nine Massachusetts athletes are...Ch. 4 - A bridge hand Is defined as 13 cards selected at...Ch. 4 - The switchboard in a Minneapolis law office gets...Ch. 4 - The matemity ward at Dr. Jose Fabella Memorial...Ch. 4 - A manufacturer of Christmas tree light bulbs knows...Ch. 4 - The average number of children a Japanese woman...Ch. 4 - The average number of children a Spanish woman has...Ch. 4 - Fertile, female cats produce an average of three...Ch. 4 - The chance of having an extra fortune In a fortune...Ch. 4 - According to the South Carolina Department of...Ch. 4 - The chance of an IRS audit for a tax return with...Ch. 4 - Approximately 8% of students at a local high...Ch. 4 - On average, Pierre, an amateur chef, drops three...Ch. 4 - Use the following information to answer the next v...Ch. 4 - Use the following information to answer the next v...
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