 # The probability of scoring the highest possible score

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The probability of scoring the highest possiblescore on a turn isclosest to:0.46%Your Answer
9/19/21, 5:20 PMLevel_I - Lesson 1: Probability, Expected Value, and Variance - Assessment Review12/120.00%5.55%You Answered Correctly!To score 17 points, a player will have toroll a 6 on both the first and the secondroll, and a 5 on the third roll. Therefore,the probability of scoring 17 points is(1/6)(1/6)(1/6) = 0.00463 or 0.46%.Exit Review0.46%Your Answer
9/20/21, 7:34 PMLevel_I - Lesson 2: Expected Value, Variance, Standard Deviation, Covariances, and Correlations of Portfolio Returns - Assessm…1/6Lesson 2: Expected Value, Variance,Standard Deviation, Covariances, andCorrelations of Portfolio ReturnsResults9/20/2021Question 1(L1QM-PQ0804_2104)Use the joint probability table for returns onportfolio A and portfolio B below toanswer thequestionRB-0.090.0750.150.110.0500RA0.0400.750-0.03000.2The expected return on A isclosestto:0.120.42Question 2(L1QM-PQ0806_2104)Joint ProbabilitiesRB-0.090.0750.150.110.0500RA0.0400.750You Answered Correctly!0.03Your Answer
9/20/21, 7:34 PMLevel_I - Lesson 2: Expected Value, Variance, Standard Deviation, Covariances, and Correlations of Portfolio Returns - Assessm…2/6Joint ProbabilitiesRB-0.090.0750.15-0.03000.2The variance of A’s returns isclosestto:0.003330.00026Question 3(L1QM-PQ0808_2104)Joint ProbabilitiesRB-0.090.0750.150.110.0500RA0.0400.750-0.03000.2The standard deviation of A’s returns isclosestto:0.01610.00111You Answered Correctly!where 0.0295 is the expected value of A.0.00111Your Answer0.0334Your Answer
9/20/21, 7:34 PMLevel_I - Lesson 2: Expected Value, Variance, Standard Deviation, Covariances, and Correlations of Portfolio Returns - Assessm…3/6You Answered Correctly!The expected return of A is theprobability weighted sum of the returns =11% × 5% + 4% × 75% + -3% × 20% =2.95%The variance is the probability weightedsum of the squared deviations = 5% ×(11% - 2.95%)2+ 75% × (4% - 2.95%)2+20% × (-3% - 2.95%)2= 0.001115The standard deviation is the positivesquare root of the variance.Standard deviation of A = (0.001115)0.5=0.0334Question 4(L1QM-PQ0809_2104)Joint ProbabilitiesRB-0.090.0750.150.110.0500RA0.0400.750-0.03000.2The standard deviation of B’s returns isclosestto:0.002440.00155You Answered Correctly!Standard deviation of B = (0.00244)0.5=0.0494E(RB) =ΣRB,ipB,i=0.09 × 5% + 0.075 × 75% + 0.15 × 20%= 0.08175VarB=Σ[RB,i– E(RB)]2pB,i0.0494Your Answer
9/20/21, 7:34 PMLevel_I - Lesson 2: Expected Value, Variance, Standard Deviation, Covariances, and Correlations of Portfolio Returns - Assessm…4/6= (0.090.08175)2× 5% + (0.0750.08175)2× 75% + (0.150.08175)2× 20%= 0.00244069σB=VarB= 4.9403%Question 5(L1QM-PQ0810_2104)Joint ProbabilitiesRB-0.090.0750.150.110.0500RA0.0400.750-0.03000.2The covariance of returns of A and B isclosestto:-0.0001210.00156Question 6(L1QM-PQ0811_2104)Joint ProbabilitiesRB-0.090.0750.150.110.0500You Answered Correctly!

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Term
Spring
Professor
davidcordell
Tags
Test, Internal rate of return,
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