Probability of financial analyst

Reference no: EM13102724

1. A financial analyst estimates that the probability that the economy will experience a recession in the next 12 months is 20%. She also believes that if the economy enters a recession, the probability that her mutual fund will increase in value is 20%. If there is no recession the probability that the mutual fund will increase in value is 75%. Find the probability that the mutual fund's value will increase.

2. Three airlines serve a small town in the country. Air A has 50% of all the scheduled flights, Air B has 30%, and Air C has the remaining flights. Their on-time rates are 40%, 65%, and 80%, respectively. A plane has just left on time. What is the probability that it was Air A?

Reference no: EM13102724

Questions Cloud

By how many degrees has your coffee cooled : The specific heat of water is 4186 J/kg·K. The latent heat of fusion is 333 kJ/kg. The density of water is 1.00 g/cm3.

Compute the ph at the temperature : compute the pH at the temperature of twenty five degrees Celsius of a solution combined by adding 50 mL of 1.60 M sodium hydroxide solution

Sample of miniature tootsie rolls : A random sample of 10 miniature Tootsie Rolls was taken from a bag. Each piece was weighed on a very accurate scale. The results in grams were:

Write thesis on form of popular media : Select a form of popular media which you are passionate about. Media may be music, a book, or a movie. Write down thesis sentence stating how and why it is more than just the piece of entertainment.

Probability of financial analyst : A financial analyst estimates that the probability that the economy will experience a recession in the next 12 months is 20%. She also believes that if the economy enters a recession

Confidence interval of mean for weschler intellegence test : Compute a 90% confidence interval of the mean for a Weschler intellegence test with mean of 100.00 and standard deviation of 15.00 for a sample of 100 people. Use two decimal places.

Determine what will be the final temperature of the h2o : 477 J amount Energy is added to a 74.0 grams sample of H 2 O at a temperature of 21 degree Celsius. Determine what will be the final temperature of the H 2 O?

Determine the volume of the methane at stp : Determine the volume of the methane at STP if bacterial culture isolated from sewage produced 35.5 mL of methane, CH 4 , at the temperature of 31 degree Celsius and at pressure of 753 mmHg.

Are marketing personnel extroverts : Approximately 65% of all marketing personnel are extroverts, whereas about 50% of all computer programmers are introverts.

User Account

All Pages