What value will the average of the outcomes converge to

Assignment Help Finance Basics
Reference no: EM132552404

Consider the experiment of rolling a fair dice.

i. What value will the average of the outcomes converge to, when the dice is rolled a large number of times.

ii. Consider rolling the dice three times and obtaining 6, 6, 3 as outcomes. Does the average of the three outcomes match the value you obtained in part i? Discuss.

Reference no: EM132552404

Questions Cloud

Write an essay on the executive branch and the judiciary : You need to write an essay on the Executive branch and The Judiciary. It needs to be in MLA format
Solve accounting rate of return based on initial investment : Calculate Accounting rate of return (ARR) based on initial investment, Net present value (NPV), Profitability index (PI),Payback period (PBP).
How should a needs assessment be conducted : Within an airline company, how should a needs assessment be conducted? How should the objectives for training be set? What training design and delivery method.
What specific fiscal policy tools would you use : What specific fiscal policy tools would you use to stimulate aggregate demand and how and What specific monetary policy tools would you use
What value will the average of the outcomes converge to : What value will the average of the outcomes converge to, when the dice is rolled a large number of times.
Find what is the company new break-even point in unit sales : Find What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $126,000?
Web application security : Why is intellectual property entitled to legal protection? What is the Fair Use doctrine? What was the 1984 Sony Supreme Court case about?
Market value of bond is higher than the face value : XYZ Corporation has 45,000 ordinary shares outstanding which are currently selling for 110 per share. The number of preference share outstanding is 30,000
Describe the important skills for group counselors to have : Identify the personal characteristics of an effective group leader. What are the three most important skills for group counselors to have? Explain your answer.

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the regular payback period

The Capital Corporation is planning to spend $1,000,000 on expansion. It's WACC is estimated at 13%. Operating cash flows for years 1-4 are estimated at $300,000, followed by $350,000 for the next 4 years.

  Compute the payback period in years

The total cash inflow is expected to be $22,000 or an average of $4,400 per year. Compute the payback period in years.

  What is the current share price

If the growth rate than remains at 10% indefinitely, what is the current share price?

  Without assuming anything about the distribution

Without assuming anything about the distribution of the number of hours community college students study per week, at most what percentage of the students study less than 3.7 hours or more than 19.7 hours per week?

  Prepare an income statement and retained earnings statement

The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2014. Prepare an income statement and a retained earnings statement for the month of July 2014, and a classified balance sheet for July 31.

  What is the purpose of a balance sheet

What is the purpose of a balance sheet and statement of revenue and expenses?

  What is the amount of each mortgage payment

What is the amount of each mortgage payment? b. If you want to pay off the loan at the end of year 5, how much will the balloon payment be?

  The project has a annual cash flow of 7500 for the next 10

the project has a annual cash flow of 7500 for the next 10 years and then 10000 each year for the following 10 years.

  Households in the united states have computers

A study found that 81% of households in the United States have computers. Of those 81%. 92 % have internet access.

  Describe the concept of value addition in operations

Using the value chain analysis of Michael porter, describe the concept of value addition in operations management.

  Levered firm and an unlevered firm

levered firm and an unlevered firm

  Why might banks shareholders want bank to be less leveraged

Why might the managers of a bank want the bank to be highly leveraged? Why might the bank's shareholders want the bank to be less highly leveraged?

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