Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Section A The frequency distribution of the number of days to maturity of 40 short-term investments is given below. Days Frequency 29.5 - 39.5 3

image text in transcribed
Section A The frequency distribution of the number of days to maturity of 40 short-term investments is given below. Days Frequency 29.5 - 39.5 3 39.5 - 49.5 1 49.5 - 59.5 59.5 - 69.5 10 69.5 - 79.5 7 79.5 - 89.5 7 89.5 - 99.5 4 Question 1 If one of the investments is randomly chosen, what is the probability that it's number of days to maturity is less than 69.5 but at least 39.5? Question 2 What is the probability that a randomly chosen investment has at least 79.5 days to maturity? Section B Suppose you are given the sample space: S = { 30, 40, 60, 80, 90, 110, 120, 130, 140, 160} Define the 3 following events: A = { 40, 60, 80, 110} B = { 30, 60, 80, 130, 140} C = { 40, 60, 80, 120, 140, 160 }

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Linear Algebra A Geometry Toolbox

Authors: Gerald Farin, Dianne Hansford

4th Edition

1003051219, 9781003051213

More Books

Students also viewed these Mathematics questions