Observations of an outcome of trail becomes larger

Assignment Help Financial Management
Reference no: EM131973557

The Law of Large Numbers means that as the number of observations of an outcome of a trail becomes larger, the running mean of the relative frequency of the outcome of interest appears to settle down to a constant value, the probability of the outcome. You have just flipped a fair coin 7 times getting all heads. Does the coin owe you a tail? The Law of Averages predicts you are due for a tail, but it is a myth. So, if using the same fair coin, no because the probability of a head on the next toss hasn’t changed. Is a good hitter in baseball who has struck out the last six times due for a hit his next time up? Select an option: The Law of Large Numbers predicts the hitter is due for a hit; this is an example of the Law of Averages. Yes, the hitter is not due for a hit; this is an example of the so-called Law of Averages. No, the hitter is not due for a hit; or The Law of Large Number predicts the hitter is not due for a hit.

Reference no: EM131973557

Questions Cloud

What is portfolio return : The monthly returns for Company G, Company S, and Company N were 7.95 percent, -1.57 percent, and -.16 percent. What is your portfolio return?
Find the property tax on a property : Find the property tax on a property with an assessed value of $41,180 in a community with a tax rate of $50.50 per $1000 of assessed value
Explain strategic importance of cloud computing in business : The topic on which you would like to conduct an in-depth investigation. Explain Strategic importance of cloud computing in business organizations
Independent variable of temperature : One of the following is not a logical dependent variable which could be associated with the independent variable of temperature.
Observations of an outcome of trail becomes larger : The Law of Large Numbers means that as the number of observations of an outcome of a trail becomes larger,
Why do you think the given dichotomy exists : Borderline personality disorder is often viewed as a diagnosis largely given to women, whereas antisocial personality disorder is considered a man's diagnosis.
Convert conceptual data models into relational data model : Model organisational information requirements using conceptual data modelling techniques. Convert the conceptual data models into relational data model
Create presentation on the selected personality disorders : Choose and read any one case study from Chapter 13 (Personality Disorders) in DSM-5 in Action. Research the specific personality disorder from your chosen.
According to liquidity premium theory : If the yield on a discount bond that matures in 4 years is 9.25%, then according to liquidity premium theory,

Reviews

Write a Review

Financial Management Questions & Answers

  Monthly payment necessary to amortize this debt

What is the amount of the monthly payment necessary to amortize this debt?

  Life insurance companies investing in timber land

Why are pension funds and life insurance companies investing in timber land?

  Biggest most important challenge currently faced by spotify

What are the biggest most important challenge(s) currently faced by Spotify?

  What is the initial outlay for project

What is the initial outlay (IO) for this project? What is the operating cash flows (OCF) for each of the years for this project?

  Firm value of operation-what is the stock price per share

Firm's Value of operation is $300 million. Firm has 10 million shares of stocks outstanding. What is the stock price per share?

  What is the probability that this stock

A stock had returns of 14 percent, 26 percent, and 8 percent for the past 3 years. Based on these returns, what is the probability that this stock will earn at least 43.51 percent in any one given year?

  Calculate unlevered equity betas for firm

Calculate the Unlevered equity betas for firm that has a leveraged beta of 1.61, debt beta of 0.52, leverage ratio of .46 and $400 million in revenue.

  Is higher or lower required return good for the company

The CFO of Ramekin Pottery Inc. is concerned about holding up the price of the company's stock. He's asked you to do an analysis starting with an estimate of the return investors are likely to require before they will invest in the firm. Prepare an e..

  Non-standard bond to raise capital

Standard Oil issued a non-standard bond to raise capital in the following way. At the bond’s maturity the company promised to pay $1,000 plus an additional amount based on the price of oil at that time. What are the two option positions required to r..

  How many shares of stock does this small group control

The Pilson Company has an election coming. The company will be electing 5 persons to its board of directors. Pilson uses cumulative voting. There are 100,000 voting shares outstanding. A small group of shareholders has gotten together and discovered ..

  Valid restriction in a cooperative interest

Which of the following is not a valid restriction in a cooperative interest? Which of the following is not a remedy available to homeowners' associations for violations of CCRs and rules?

  Analysis of Check-N-Go by using data from its annual report

The Paper will involve the concepts learned in class to an analysis of Check-N-Go by using data from its annual report. you will analyze the strengths and weaknesses of the Check-N-Go and write a report recommending whether or not to purchase the com..

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