Ten Lessons in Introductory Sociology
2nd Edition
ISBN: 9780190663872
Author: Kenneth A. Gould; Tammy L. Lewis
Publisher: Oxford University Press Academic US
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Chapter 7, Problem 69SE
Antibiotics for Malnutrition (Example 15) A study was done of children from Malawi (in southeastern Africa) with severe acute malnutrition (Trehan et al. 2013). Of the 922 children
randomized to receive amoxicillin in addition to food, 817 recovered. Of the 922 children randomized to receive the placebo and food, 785 recovered. The trial was double-blind.
a. Find the percentage that survived in each group, and compare the percentages descriptively.
b. Check that the conditions are met.
c. Find a
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Problem1
We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%. (This model is the same as in Prob. 1 of HW#2).We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.
Problem 1.We consider a two-period binomial model with the following properties: each period lastsone (1) year and the current stock price is S0 = 4. On each period, the stock price doubleswhen it moves up and is reduced by half when it moves down. The annual interest rateon the money market is 25%.
We consider four options on this market: A European call option with maturity T = 2 years and strike price K = 5; A European put option with maturity T = 2 years and strike price K = 5; An American call option with maturity T = 2 years and strike price K = 5; An American put option with maturity T = 2 years and strike price K = 5.(a) Find the price at time 0 of both European options.(b) Find the price at time 0 of both American options. Compare your results with (a)and comment.(c) For each of the American options, describe the optimal exercising strategy.(d) We assume that you sell the American put to a market participant A for the pricefound in (b). Explain how you act on the market…
What is the standard scores associated to the left of z is 0.1446
Chapter 7 Solutions
Ten Lessons in Introductory Sociology
Ch. 7 - Parameter vs. Statistic (Example 1) Explain the...Ch. 7 - Sample vs. Census Explain the difference between a...Ch. 7 - x vs. Two symbols are used for the mean: and x....Ch. 7 - xvs. The mean GPA of all 5000 students at Uneeda...Ch. 7 - Ages of Presidents Suppose you knew the age at...Ch. 7 - Heights of Basketball Team Suppose you find all...Ch. 7 - Sample vs. Census You are receiving a large...Ch. 7 - Sampling GPAs Suppose you want to estimate the...Ch. 7 - Sampling with and without Replacement Explain the...Ch. 7 - Simple Random Sampling Is simple random sampling...
Ch. 7 - Finding a Random Sample (Example 5) You need to...Ch. 7 - Finding a Random Sample You need to select a...Ch. 7 - Random Sampling Assume your class has 30 students...Ch. 7 - Random Sampling with Coins Assume your class has...Ch. 7 - Questionnaire Response (Example 3) A teacher at a...Ch. 7 - Survey on Social Security A phone survey asked...Ch. 7 - Views on Capital Punishment In carrying out a...Ch. 7 - Views on Capital Punishment Use the data given in...Ch. 7 - Targets: Bias or Lack of Precision? a. If a...Ch. 7 - Targets: Bias or Lack of Precision, Again a. If a...Ch. 7 - Bias? Suppose that, when taking a random sample of...Ch. 7 - Unbiased Sample? Suppose you attend a school that...Ch. 7 - Proportion of Odd Digits A large collection of...Ch. 7 - Proportion of Odd Digits...Ch. 7 - Prob. 25SECh. 7 - Prob. 26SECh. 7 - ESP A Zener deck of cards has cards that show one...Ch. 7 - ESP Again In the graphs for Exercise 7.33, explain...Ch. 7 - Standard Error Which of the dotplots given in...Ch. 7 - Bias? Assuming that the true proportion of success...Ch. 7 - Fair Coin? One of the graphs shows the proportion...Ch. 7 - Far from Fair Which of the graphs in Exercise 7.37...Ch. 7 - What Is the Proportion of Seniors? (Example 5) A...Ch. 7 - Simulation From a very large (essentially...Ch. 7 - MMs (Example 5) Return to Exercise 7.25 and find...Ch. 7 - Random Letters Return to Exercise 7.26 and find...Ch. 7 - Jury Selection (Example 6) Juries should have the...Ch. 7 - Mercury in Freshwater Fish According to an article...Ch. 7 - The Oregon Bar Exam (Example 7) According to the...Ch. 7 - Feeding Vegans A survey of eating habits showed...Ch. 7 - Overweight Children The Ventura County Star (June...Ch. 7 - Living in Poverty The Ventura County Star article...Ch. 7 - Passing a Test by Guessing A true/false test has...Ch. 7 - Gender: Randomly Chosen? A large community college...Ch. 7 - Prob. 45SECh. 7 - Is Marriage Becoming Obsolete? When asked whether...Ch. 7 - East Germany According to a Gallup Poll taken in...Ch. 7 - View of Immigration In June 2012, a Gallup Poll...Ch. 7 - Voting A random sample of likely voters showed...Ch. 7 - Voting A random sample of likely voters showed...Ch. 7 - High School Diplomas (Example 8) In a simple...Ch. 7 - Diabetes In a simple random sample of 1200...Ch. 7 - Confidence in Public Schools A 2012 Gallup Poll...Ch. 7 - Confidence in the Military In June 2012, a Gallup...Ch. 7 - Thriving In June 2012, a Gallup Poll showed that...Ch. 7 - Benefits of Rich Class In May 2012, a Gallup Poll...Ch. 7 - Understanding the Meaning of Confidence Levels: 90...Ch. 7 - Understanding the Meaning of Confidence Levels: 80...Ch. 7 - Past Presidential Vote In the 1960 presidential...Ch. 7 - Human Cloning In a Gallup Poll, 441 of 507 adults...Ch. 7 - Do People Think Astrology Is Scientific? (Example...Ch. 7 - Do People Think the Sun Goes around the Earth? In...Ch. 7 - Good News on Jobs The Pew Research Center reports...Ch. 7 - Obesity In a 2013 Pew Poll, 36#37; of Republicans...Ch. 7 - Stressed Moms (Example 11, 12, 13, and 14) An...Ch. 7 - Gay Marriage According to the Pew Research Center,...Ch. 7 - Perry Preschool and Graduation from High School...Ch. 7 - Preschool: Just the Boys Refer to Exercise 7.77...Ch. 7 - Antibiotics for Malnutrition (Example 15) A study...Ch. 7 - Transfusions for Bleeding in the Stomach Should...Ch. 7 - Gender and Use of Turn Signals Statistics student...Ch. 7 - Diet Drug (Meridia) A randomized,...Ch. 7 - Drug for Nausea Ondansetron (Zofran) is a drug...Ch. 7 - Preschool: Just the Girls The Perry Preschool...Ch. 7 - Banning Super-Size Sugary Drinks A June 2012...Ch. 7 - Banning Smoking A July 2011 Roper Poll showed that...Ch. 7 - Sample Proportion A poll on a proposition showed...Ch. 7 - Sample Proportion A poll on a proposition showed...Ch. 7 - Margin of Error A poll on a proposition showed...Ch. 7 - Margin of Error A poll on a proposition showed...Ch. 7 - Prob. 81CRECh. 7 - Prob. 82CRECh. 7 - Dreaming in Color According to studies done in the...Ch. 7 - Hand Washing Ignaz Semmelweiss (1818-1865) was the...Ch. 7 - Romney vs. Santorum During the Republican primary...Ch. 7 - Sampling Error In March 2012, President Obama's...Ch. 7 - Young Women's Career Goals Are the career goals of...Ch. 7 - Young Men's Career Goals Are the career goals of...Ch. 7 - Voters Poll: Sample Size A polling agency wants to...Ch. 7 - Ratio of Sample Sizes Find the sample size...Ch. 7 - Criticize the Sampling Marco is interested in...Ch. 7 - Criticize the Sampling Maria opposes capital...Ch. 7 - Random Sampling? If you walked around your school...Ch. 7 - Biased Sample? You want to find the mean weight of...Ch. 7 - Bias? Suppose that, when taking a random sample of...Ch. 7 - Bias? Four women selected from a photo of 123 were...
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- Note: The purpose of this problem below is to use computational techniques (Excelspreadsheet, Matlab, R, Python, etc.) and code the dynamic programming ideas seen inclass. Please provide the numerical answer to the questions as well as a sample of yourwork (spreadsheet, code file, etc.).We consider an N-period binomial model with the following properties: N = 60, thecurrent stock price is S0 = 1000; on each period, the stock price increases by 0.5% whenit moves up and decreases by 0.3% when it moves down. The annual interest rate on themoney market is 5%. (Notice that this model is a CRR model, which means that thebinomial tree is recombining.)(a) Find the price at time t0 = 0 of a (European) call option with strike price K = 1040and maturity T = 1 year.(b) Find the price at time t0 = 0 of a (European) put option with strike price K = 1040and maturity T = 1 year.(c) We consider now, that you are at time t5 (i.e. after 5 periods, which represents 1month later). Assume that the stock…arrow_forwardshow work in paperarrow_forwardshow all work (...or what you entered into your calculator...)arrow_forward
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