Decision to continue to use financial advisor

Assignment Help Basic Statistics
Reference no: EM13112648

Predicted a 50% chance of XYZ stock gaining in January and a 50% chance of gaining in February. Your financial advisor sees this and tells you there is a 100% chance XYZ stock will gain over the 2-month period. Would you continue to use this financial advisor? Explain.

Reference no: EM13112648

Questions Cloud

Determine the molarity of ethanol : An aqueous solution is six percent by mass methanol,, and has a density = 0.988 g/mL. Determine the molarity of ethanol in the solution.
Illustrate what would the lerner index for the monopoly be : Explain how much money would the government collect due to the tax? Illustrate what would be the size of the resulting deadweight loss relative to the competitive outcome? Illustrate what would the Lerner Index for the monopoly be?
Determining population parameters : Identify the population parameter of interest in the survey. Give a point estimate of the population parameter. Set up H0 and Ha for testing whether the true percentage of TV viewers who find cable news to be better quality than network news differs..
Propose two possible additional mutations : Propose two possible additional mutations in two separate genes from the receptor that could allow cockroaches with a mutant RTKX to now respond to females. You may consider mutations that could either increase or decrease the activity of the prot..
Decision to continue to use financial advisor : Your financial advisor sees this and tells you there is a 100% chance XYZ stock will gain over the 2-month period. Would you continue to use this financial advisor? Explain.
Explain how does each form relate to the claims process : explain how does each form relate to the claims process? In your opinion, do the similarities between HIPAA 837 and CMS-1500 complicate or simplify the claims process? Explain your answers.
Determining the de broglie wavelength : What is the de Broglie wavelength of a 145 g baseball traveling at 30.0 m/s (67.1mph)? Is the wavelength much larger or smaller than the diameter of an atom .
Why is the demand for water price-inelastic : Why is the demand for water price-inelastic and in those regions where outdoor use of water makes up relatively large portion of total use, the price elasticity is high. Why?
Estimate the drop in concentration : A patient was diagnosed with a high pH of 7.7 from an ideal value of 7.4 in the blood plasma. Estimate the drop in concentration of [H+] considering the 1 mM concentration of inorganic phosphate in blood plasma compared to water.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining cutoff point for those who earn bonus

Sales manager wishes to award sales representatives who earn the largest commissions a bonus of= $1,000 .He can award bonus to 20% of representatives. Determine cutoff point between those who earn bonus and those who don't?

  Test value for the claim of department store

An average department store sells 350 men's suits per year. The men's suit departments at a particular national chain of stores claim they sell more than the industry average. In 35 of their stores, they sold, on the average, 430 suits per year wi..

  Sample size required to obtain error

What sample size would be needed to obtain an error of ±10 square millimeters with 99 percent confidence?

  Compare the two forecasts by utilizing mad

Calculate a 3-month moving average forecast for months 4 through 9 also Compare the two forecasts by utilizing MAD. Which forecast appears to be more accurate.

  Dummy variable in regression analysis

First, describe in your own words (no direct quotes, please) what a dummy variable is and its purpose in regression analysis. Secondly, provide an example of where you might use a dummy variable from your own professional experience.

  Create confidence interval for difference in average damage

Create the 90% confidence interval for difference in average damage amount for two kinds of SUVs. Interpret this interval.

  Working with statistical terminology

A cereal manufacturer seeks to test their newest product against competitor's. A group of 100 children was asked to measure each brand, and then to express a preference.

  Statistical tests and scales of measurement

Find the most appropriate statistical procedure: Teacher of low-level reading group interested in average score for group of 25 students?

  Evaluate the mean and the median

Evaluate the mean, the median, and the mode of the salaries. Which best describes a typical salary and Evaluate the range, variance, and standard deviation of the data set. Interpret the results in the context of the real-life setting.

  Find test statistic z for the given information

If the observed value is 4, the expected value is 5, and the standard error is 4, then the test value used for the z test is equal to

  Payoff for game of dice

Two people are playing a game. Only one dice is thrown. If the outcome is a 2 or a 3, then player 1 pays player 2 $6. How much should player 2 pay player 1 when a 1, 4, 5 or 6 is thrown so that player 1 and 2 break even

  Stem-and-leaf diagram

The data below show the average daily high temperature for Chicago, Illinois, for twelve recent spring and summer months. Construct a stem-and-leaf diagram for the data:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd