A stockbroker estimates that at the end of the year, there is a 40% chance a stock will be worth $50,
a 35% chance it will be worth $60 and a 25% chance it will be worth $70. What expected value
does this broker assign to this stock's end-of-the-year price?

Answers

Answer 1

The expected value  that  this broker assign to this stock's end-of-the-year price is $58.50.

Using this formula

Expected value=Stock worth at $50+ Stock worth at $60+ Stock worth at $70

Where:

Stock worth at $50=40% chance

Stock worth at $60=35% chance

Stock worth at $70=25% chance

Let plug in the formula

Expected value=(40%×$50)+($35%×$60)+($25%×$70)

Expected value=$20+$21+$17.5

Expected value=$58.50

Inconclusion the expected value  that  this broker assign to this stock's end-of-the-year price is $58.50.

Learn more here:

https://brainly.com/question/12834805


Related Questions

Please help with this other question

Answers

Answer:

pink and green same shape, but pink 7 units lower than green

Step-by-step explanation:

Both f(x) and f'(x) equations are the same except that f'(x) has the term "-7" at the end, denoting that the whole graph has been shifted down by 7 units. In other words, there is a vertical translation by -7. And since f'(x) is the pink graph, choose the option in which green and pink have the exact same shape but pink is located 7 units lower than the green.

The product of .010 and .001 is

Answers

Answer:

its 0.00001

I hope this helps

Can anyone help me with this question?

Answers

Answer: Here you go

Explanation:

Raduis is 2.5cm

Diameter 5cm

Circumference 15.70796cm or 16 rounded up because 2 times pie time 2.5 because 2.5 is the radius which if you calculate is 15.7 because 2 x 3.1415 x 2.5 = 15.7

25Y^2/5y-4 + 16/4-5y​

Answers

Answer:

5Y2y-5y

Step-by-step explanation:

5

Y

2

y

5

y

5. Aaron sold 126 boxes of cookies. This is 14 more than twice the
number of boxes his sister, Victoria, sold. How many boxes of
cookies did Victoria sell?

Answers

Answer:

112

Step-by-step explanation:

Aaron = y

Victoria = x

y = 14 +x

126 = 14 + x

x = 112

Victoria sold 112 boxes of cookies

2/3 cup of juice for every 1/3 cup of oj. How many cups of juice is used for 1 cup of OJ

Answers

[tex]\begin{array}{ccll} Juice&OJ\\ \cline{1-2} \frac{2}{3}&\frac{1}{3}\\[1em] x&1 \end{array}\implies \cfrac{~~ \frac{2}{3}~~}{x}=\cfrac{~~\frac{1}{3} ~~}{1}\implies \cfrac{~~ \frac{2}{3}~~}{x}=\cfrac{1}{3}\implies \cfrac{~~ \frac{2}{3}~~}{\frac{x}{1}}=\cfrac{1}{3} \\\\\\ \cfrac{2}{3x}=\cfrac{1}{3}\implies 6=3x\implies \cfrac{6}{3}=x\implies 2=x[/tex]

What determines whether a relationship
is proportional or not?

Answers

Answer:

When two ratios exhibit the same connection, they are said to be proportionate. Two ratios may be tested for proportionality by writing them as fractions and then reducing them to the smallest possible number. In this case, your ratios are proportionate since the reduced fractions are the same.

Step-by-step explanation:

Hope it helps:)

How do you write as an expression of inequality, then solve it?

Twice a number is more than the sum of that number and 8

Answers

Answer:

2x > x + 8

x > 8

Step-by-step explanation:

(Twice a number)   (is more than)   (the sum of that number and 8)

        2x                          >                                   x + 8

2x > x + 8

Subtract x from both sides

x > 8

Tobias's music store bought a piano at the wholesale price of $550 to buy a smart up the price 35% of the amount of mark up

Answers

Answer: 742.50$

Step-by-step explanation:

35% of 550 is 192.50$ 192.50$ + 550.00$= 742.50$

An executive has 6 skirts, 8 jackets, and 6 blouses that all coordinate. If an outfit consists of one skirt, one
jacket, and one blouse, how many different outfits does she have?

Answers

Answer: 288

Work Shown:

6*8*6 = 288

Why does this work? Consider a table that is 6 rows by 8 columns. The rows represent the number of skirts and 8 is the number of jackets. That produces 6*8 = 48 different skirt & jacket combos. We can extend this idea out to any number of items instead of just 2.

Answer:

6

Step-by-step explanation:

you keep counting until you reach the lowest number of whatever you need to make it equal

6-1-1-1-1-1-1

6-1-1-1-1-1-1

8-1-1-1-1-1-1

Multiply & Divide Fractions Task Card # 29
3
4
Beverly walks for exercise
mile every day: How far does
she walk each week?

Answers

Answer:

I dont understand what you're saying, but im thinking 7 miles?

According to this diagram, what is sin 23°?
67°
13
5
23°
90°

Answers

The value of sin(23°) is equivalent to 0.39.

What are trigonometric functions?

There are six major trigonometric functions as -

Sine(x)Cosine(x)Tangent(x)Cotangent(x)Secant(x)Cosecant(x)

We can write the relation between them as -

Sine = 1/cosecantCosine = 1/secantTangent = 1/Cotangent

Given is to find the value of sin 23°.

Now, we can write the value of sin(23°) as -

sin(23°) = sin(30° - 7°)

Expanding using the compound angle formula, we can write -

sin (x - y) = sin(x) cos(y) - cos(x) sin(y)

sin(30° - 7°) = sin(30°) cos(7°) - cos(30°) sin (7°)

sin(30° - 7°) = 1/2 x 0.99 - √3/2 x 0.121

sin(30° - 7°) = 1/2 x 0.99 - √3/2 x 0.121

sin(30° - 7°) = 0.495 - 0.105

sin(30° - 7°) = 0.495 - 0.105

sin(30° - 7°) = 0.39

Therefore, the value of sin(23°) is equivalent to 0.39.

To solve more questions on trigonometric functions, visit the link below-

https://brainly.com/question/30672622

#SPJ7

13.
Identify the vertex of the parabola.

A. (4, 3)

B. (3, 4)

C. (2, 7)

D. (6, 7)

Answers

Isentify the vertex of the parabola, A

I have more question

Answers

Answer:

you would need three wholes because each whole would represent a loaf of pumpkin bread

Which mixed number is represented by the shaded
area?
0 1 1/4
0 1 3/4
0 2 1/4
0 2 3/4
Hurry up plz I’m being timed

Answers

A. 1 1/4

Explanation: count all the orange boxes, the one is completely full which is all orange which is 1 and then there’s only 1 box filled on the second one

Hope this helps!

the answer to the question is 11/4

In a survey, 13 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $50 and standard deviation of $14. Construct a confidence interval at a 98% confidence level.

Answers

Answer:

21

Step-by-step explanation:

please answer fully/////////////

Answers

Answer:

Step-by-step explanation:

Tear this apart piece by piece

15 -  8 = 7

7 *  3 = 21

11 + 21 = 32

Now so far this much is correct. The problem is the next sign. Is it add or is it divide. The only way to resolve it is to do it both ways.

Add 4

32 + 4 = 36

Divide 4

32 / 4 = 8 1/4 = 8

Answer:

8

Step-by-step explanation:

Use PEMDAS:

P Parentheses first

E Exponents (ie Powers and Square Roots, etc.)

MD Multiplication and Division (left-to-right)

AS Addition and Subtraction (left-to-right)

[tex]\ [11+(15-8)\cdot3]:4=(11+7\cdot3):4=(11+21):4=32:4=8[/tex]

What is the approximate length of arc s on the circle below? Use 3.14 for r. Round your answer to the nearest
tenth

Answers

Answer:6.3 i believe

Step-by-step explanation:

Answer:

6.3

Step-by-step explanation:

circumference = 2πr

arc length  = (included angle/360) * circumference

as an equation

s = (θ/360) * 2πr

s = (θ/180)πr

---------------------------

θ = 45

r = 8

s = (45/180) * 3.14 * 8

s = 6.28

rounded

s = 6.3

Identify the domain and range of each relation. Is the relation a function?
x y
5 3
8 6
10 11

Answers

Answer:

No

Step-by-step explanation:

Considering domain and range of a function, we first have to create the function based off the given points.

So this would mean first having to find the slope of the equation, which would be using the slop/point formula of [tex]\frac{y_{1} -y_{2} }{x_{1} -x_{2} }[/tex]

Taking the first 2 points, it would make the equation as follows:

[tex]\frac{y_{1} -y_{2} }{x_{1} -x_{2} } = \frac{6-3}{8-5} = \frac{3}{3} = 1[/tex]

To be sure, we take the 2nd pair of points (point 2 and point 3) and make the equation with those as well.

[tex]\frac{y_{1} -y_{2} }{x_{1} -x_{2} } = \frac{11-6}{10-8} = \frac{5}{2} = 2.5[/tex]

Since these 2 slopes do not match, this set of relations cannot be a function, and therefore a domain/range cannot be found.

A cookie factory uses 9/10 of a bag of flour in each batch of cookies. The factory used 4 1/2 bags of flour yesterday. How many batches of cookies did the factory make?

Answers

if the factory uses 9/10 out of a bag of flour for each batch of cookies and ended up uses 4 1/2 bags for all the factory made
9 BATCHES OF COOKIES

6. Jasper pays $42.8 for his cell phone. Marco pays $38.15 for his cell phone plan.
How much more does Jasper pay? Do not use a $ sign. Just type in the numbers.

Answers

Answer: 4.65

Step-by-step explanation: 42.80 - 38.15 = 4.65

−3 2/3=x−1 1/4 pls help

Answers

Answer:

- 2 5/12

Step-by-step explanation:

−3 2/3 = x − 1 1/4x = - 3 2/3 + 1 1/4x = - 2 - 2/3 + 1/4x = - 2 - 8/12 + 3/12x = - 2 - 5/12x = - 2 5/12

Amelia and her children went into a grocery store and she bought $10 worth of apples and bananas. Each apple costs $1 and each banana costs $0.50. She bought a total of 12 apples and bananas altogether. By following the steps below, determine the number of apples, x,x, and the number of bananas, y,y, that Amelia bought.

Answers

Answer:

8 apples

4 bananas

Step-by-step explanation:

8 apples (8$)

4 bananas (4$)

12 total

10 $ total

hope it helps

Rico had $80. He spent 40% on snacks and 1/4 on travel and kept 1/2 of the remainder for the next day.​

Answers

Answer:

$4????

Step-by-step explanation:

I searched 40% of 80 and got 32, then 1/4 of 32, which was 8, then that in half was 4. I am not sure if it is right or if 8 was the final answer.

what is the largest number you can make with these digits ? 2 5 9 6 answer _____________​

Answers

Hello, hope you are having a splendiferous day.

Here are the numbers you can make with these 4 digits:

2596

6952

2965

5629

And so on.

However, the largest number we can make using these digits is

9652

Hope it helps. Glad to help.

Ask me if you have any queries.

Carry On Learning

~An emotional teen who helps others with joy

Good luck.

3x3 + 4x2 - 8x + 18
What is the constant term?


Answers

Answer:

18

Step-by-step explanation:

18 is the constant term since it contains no variable.

A room is 15 feet long and 12 feet wide. A scale drawing of the room is 10 inches by 8 inches. What is the scale of inches in the drawing to inches in the actual room?

Enter the correct answer in the box.

Answers

Answer:

The scale is 1:18 for the entire room, 1 inch in the diagram for 18 inches IRL

Step-by-step explanation:

12 inches = 1 foot

Convert the feet to inches, then divide both sides of the ratio by the # of inches in the diagram

So for length:

10:(15*12)

10:180

1:18

And for width:

8:12(12)

8:144

1:18

Answer:

18 inches

Step-by-step explanation:

The question asks for scale of inches in the drawing and the actual room, so first convert 15 ft and 12 ft into inches.

1 foot= 12in x 1ft= 12 inches

15 feet= 12in x 15ft = 180 inches

12 feet= 12in x 12ft = 144 inches

The room is 180 inches long and 144 inches wide.

To find the scale, set up a proportion to the drawing to the room.

[tex]\frac{10}{8} =\frac{180}{144}[/tex]

You can see that the scale is 18 inches because to get from 180 to 10, you multiply by 18, and the same thing as 8, you would multiply 8 by 18 to get to 144.

25-5x=15-2x+10-3x
What does x = and does it have one solution or infinite or no solution

Answers

Answer:

Infininte, Any number

Step-by-step explanation:

Simplify:

25 - 5x = 25 - 5x

Jon makes 20 free throws in practice on
Monday. He makes 25% more free throws
on Friday than Monday. Enter the number
of free throws Jon makes on Friday.
Show your work.

Answers

Answer:

25 free throws on Friday.

Step-by-step explanation:

On Monday  made 20 free throws

On Friday made 25%  more free throws on Friday than Monday

On Friday made 20 free throws + 25% of Monday free throws

On Friday = Monday throws + 25% × Monday throws

On Friday       = 20 + (.25 × 20)

On Friday        = 20 + 5

On Friday         = 25

What is tan(50)?


-.57


5.88


2.36


1.19

Answers

Answer:

1.19

Step-by-step explanation:

tan 50 degrees is the value of tangent trigonometric function for an angle equal to 50 degrees .. the value of 50 degrees is approximately 1.1918

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