Investment decisions on behalf of their customers

Assignment Help Basic Statistics
Reference no: EM131341326

Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks. The scores on the questionnaire are approximately normally distributed with a mean ofand a standard deviation of. The customers with scores in the bottomare described as "risk averse." What is the questionnaire score that separates customers who are considered risk averse from those who are not? Carry your intermediate computations to at least four decimal places. Round your answer to at least one decimal place.

Reference no: EM131341326

Questions Cloud

Evaluate the potential impact of the updated facility : You currently work for the development department of Sunny Manor Nursing and Rehab Center. Sunny Manor was once a privately owned small skilled nursing home in Sunny Beach, Florida until it was sold 6 years ago to a larger group of investors known..
What kind of person often does this sort of work : Why did you end up doing this work? What kind of person often does this sort of work? (And would they consider themselves typical?) What do you like about this work? What is difficult about this work
What was the confidence interval for the survey findings : What kinds of questions were included in the survey? Identify examples of each.
Complete an aviation resume as of today : Complete an Aviation Resume as of today. List all you have accomplished and your current ratings, education, job experience, etc.
Investment decisions on behalf of their customers : Risk taking is an important part of investing. In order to make suitable investment decisions on behalf of their customers, portfolio managers give a questionnaire to new customers to measure their desire to take financial risks.
Should athletes be allowed to use performance-enhancing drug : PHI103- Is it ever permissible to torture a person? • Should athletes be allowed to use performance-enhancing drugs (such as steroids or EPO) or techniques (such as blood doping or oxygen tanks)?
Describe a possible sampling procedure : Describe a possible sampling procedure using a nonprobability sampling technique. Then describe how you might sample books using a probability sampling technique. Now speculate on the ways that the outcomes of your research might diff er using the..
What is the maximum annual interest rate : What is the maximum annual interest rate that Brown Company should pay on borrowed funds? Why?- What are some of the intangible disadvantages associated with forgoing the discount?
How did each development influence american culture : What were the major developments in the evolution of mass media during the last century?How did each development influence American culture?What is meant by the term media convergence, and how has it affected everyday life?

Reviews

Write a Review

Basic Statistics Questions & Answers

  A box of candy contains 25 candy bars of which 10 contain

a box of candy contains 25 candy bars of which 10 contain peanuts and 15 do not contain peanuts. if you select five

  A telemarketer makes 80 calls in a one day with a 10 random

if you upload an image please make sure it is clear and your writing is legible.a telemarketer makes 80 calls in a one

  Probability of rejecting the null hypothesis

The width of the interval with the finite population correction factor is wider than the confidence interval without the finite population correction factor.

  Organizing data into a frequency distribution

Organize data into a frequency distribution. How many classes would you propose? What value would you propose for class interval?

  Find the pdf of the median of the sequence

Find the PDF of the median of the sequence. - Find the expected value of the median of the sequence. - Find the variance of the median of the sequence.

  The city council of pine bluffs is considering increasing

the city council of pine bluffs is considering increasing the number of police in an effort to reduce crime. before

  Create regression models to predict birth rate by predictors

A researcher used stepwise regression to create regression models to predict BirthRate (births per 1,000) using five predictors: LifeExp (life expectancy in years), InfMort (infant mortality rate).

  Making decision using significance level

Below is the number of new cars sold at Sharkey in the last seven months and for the last eight months at Dave White. Do you agree with Mr. Sharkey? Use the .01 significance level."

  Writing null and research hypotheses

Sixteen juvenile rats were treated with the drug Naloxone (pairs 1,3,7,8) or, as a placebo control, Saline (pairs 2,4,5,6) and then observed for their play and non-play behavior in an open field for 1.5 minutes.

  Find the minimum sample size you should use to assure that

find the minimum sample size you should use to assure that your estimate of will be within the required margin of error

  Compute the variance of the measurements

Write a 2- to 3-page essay in which you begin to discuss the spread of the data that you have been collecting by: Compute the variance of the measurements that you have taken so far. Show your work

  Use the binomial distribution formula to calculate

Privacy Are your finances, buying habits, medical records, and phone calls really private? A real concern for many adults is that computers and Internet are reducing privacy. A survey conducted by Peter D.

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