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PELLYKW3A3PROBLEMS

# PELLYKW3A3PROBLEMS - Workshop 3 Individual Review Questions...

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Workshop 3 Individual Review Questions Answer Points 4.36 Probability (huge success/favorable review) 0.1010101 1 Probability (modest sucess/favorable review) 0.25974026 1 Probability (break even/favorable review) 1 1 Probability (losers/favorable review) 1.5 1 B. What proportion of textbooka receives favorable reviews Probability of favorable reviews 1 4.37 Probability (A rating/issued by city) 3 B. What proportion of muncipal bonds is issued by cities? Probability (issued by cities) 1 c. What proportion of muncipal bonds is issued by suburbs? Probability (issued by suburbs) 1 4.48 a.selected the lowest - or second lowest cost fund? 58% 1 b. selected the lowest-cost fund and is an undergraduate? 19% 1 c. selected the lowest-cost fund or is an undergraduate? 19% 1 27% 1 1 Yes, MBA students are more conservative when increasing fund amounts 4.50 60% 2.5 According to the answer in A, there is a higher probality of fatality involved in a rol over 2.5 5.24 a. zero had 90% or more of his or her investment in stocks? 0 1.25 b.exactly one had 90% or more of his or her investment in stocks? 24% 1.25 c. two or fewer had 90% or more of their investiments in stocks? 1.25 d. three or more had 90% of their investment in stocks? 1% 1.25 5.27 a. all three orders will be filled correctly? 1 b.None of the three will be filled correctly? 1 c. at least two of the three will be filled correctly? 1 d. What are the mean and standard devitiona of the binomial distribution used in (a) through (c)? Mean 1 Standard deviation 1 5.31 a. zero network errors will occur?

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PELLYKW3A3PROBLEMS - Workshop 3 Individual Review Questions...

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