Answer Key to Assignment #2 Exercise 4.14 (4.5) A: B: rate of return will be more than 10% rate of return will be negative a) P(A) = 0.33 + 0.21 = 0.54
b) P(B) = 0.04 + 0.14 = 0.18
c) A : rate of return will be less than or equal to 10% d) P( A ) =
Answers to the First Exam: Question 1. Calculations in EXCEL for (a) go (j):
Frequency Distribution of Wages of 59 Employees of an Organizaiton Cum. Freq. 20 34 44 50 55 59
Class 1000-1500 1500-2000 2000-2500 2500-3000 3000-3500 3500-4000 SUM = XBAR