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1) An investor has two investments A and B. The investor believes that investment A is equally likely to increase by $1,000 or to decrease by $1,000 by the end of the year. The investor also believes that investment B is equally likely to increase by $2,000 or decrease by $2,000 by the end of the year. Let X represents the total amount of change in investments A and B. Assume that these investments perform independent of each other. Find the probability of X.
2) A random variable has possible values of 20, 21, 22, 23, and 24 that are equally likely to occur.
3) Mergers and slow periods in the economy often result in layoffs at many firms. Many employees count on two or three months of severance pay to carry them over to the next job. However, job searches can sometimes take longer than 6 months. A survey of workers who have been with firms' for more than a year revealed that only 30% of the workers would be financially secure if they lost their jobs for 6 months to a year. Let X represent the number of employees out of a sample of 80 who would feel financially secure if they lost their job for 6 months to a year.
4) The vice president of a bank wishes to provide banking services so that the probability of the number of waiting customers being greater than 8 is less than .07. Would this condition be satisfied if the number of waiting customers is a Poisson random variable with a mean of 5? Justify your answer with appropriate calculations.
Explain the definition of the worldview and how worldview is formed. Distinguish each of the seven worldviews in this course with biblical worldview.
The economic price for the customer is indicated in the exhibit. However, the price must match the costs for the customer. What are the perceived benefits and costs? How can the business improve the perceived value of its product?
The importance of narrative research techniques in qualitative research.
Consider a specific moral question which might make it difficult to accept the relativist's response. State the moral issue involved, and provide an explanation as to why you think a relativist might have a problem giving a justified response to it.
Many notable characters, songs, and movies that were previously set to enter into the public domain have not as of yet due to repeated extensions of the copyright laws that have extended protections.
Mid-chlorians have double-stranded DNA as their genetic material. DNA replication in these organisms is semi-conservative but differs from the process in terrestrial organisms in that there are no Okazaki fragments: synthesis is continuous on both th..
Your friend shows you some books he took from the bookstore without paying for them. When you question him about it, he says, "Sure I took them. But I'm no different than anybody else around here. That's how we all manage to get through school on lim..
What aspects of the cloud component would you see as beneficial. What concerns would you have, if any? Security can also be an issue, has anyone found any information on Salesforce and security aspects?
write a 1050- to 1400-word paper analyzing the biological and humanistic approaches to personality. your paper should
Of the potential strategies available to Regal Marine, have they chosen differentiation, cost leadership, or quick response? Do you think that is a good choice for a boat manufacturer? Why or why not?
Which of these microorganism groups has the smallest effect on water chemistry? Which is not a symptom of desertification? Generally accompanied by the aggregation of colloidal particles suspended in water.
State courts can deal with any number of federal questions with the understanding that they’re subject to review by a federal appeals court. Which of the following must be tried only in federal court?
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