This is from an online game of "Deal or No Deal" that I played. Question: Find...
This is from an online game of "Deal or No Deal" that I played.
Question: Find the Expected Value: (Hint: What is the probability of picking any cash value remaining?)
The values are in British currency that I converted to decimals. Not sure if I was supposed to do that.
0.01(1/8) + 1000.00(1/8) + 15000.00(1/8) + 5.00(1/8) + 3000.00(1/8) + 50000.00(1/8) +10.00(1/8) + 5000.00(1/8) = 9251.88
I'm not sure if the question is asking, "What is the probability of picking 1 option out of the 8 available" in which case I would say 1/8. Or, am supposed to find the expected value of the 8 amounts left? Did I use the right formula and get the right answer? Please help. Thank you.
Homework Answers
You are supposed to find the expected value of 8 amounts left that is the sum of product of (1/8 * amount left)
>>Note here the probability here is considered uniformly distributed over the value and equals to 1/8.
>> The expected value is required here so your solution is correct
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#5: The derivative is dP/di=[(-182/365)(90000)]/[(1+I(182/365)]^2
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dP/di=-40296.81627(-0.002) --> bc of the yield decrease
= 80.593
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#5: The derivative is dP/di=[(-182/365)(90000)]/[(1+I(182/365)]^2
where i=11.09%.
dP/di=-40296.81627(-0.002) --> bc of the yield decrease
= 80.593
Problem #6 is where I'm having problems. I'm not sure what it is
asking us to and I don't know how to attempt it. Thanks.
Problem #4: What is the price P today of a S90 ,000 182-day Canadian T-Bill if its quoted yield is 11.09%? Problem #4: 85283.96 Answer correct to 2 decimals. Just Save Your work has been saved! (Back to...
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prostate-specific antigen test.
c% of men without prostate cancer will also get positive
prostate-specific antigen test.
Please describe the domain knowledge in terms...
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understand
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