This topic contains a solution. Click here to go to the answer

Author Question: An investment advisor recommends the purchase of stock shares in Infomatics, Inc He has made the ... (Read 82 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
An investment advisor recommends the purchase of stock shares in Infomatics, Inc He has made the following predictions: P(Stock goes up 20  Rise in GDP) = .6 P(Stock goes up 20  Level GDP) = .5 P(Stock goes up 20  Fall in GDP) = .4 An economist has predicted that the probability of a rise in the GDP is 30, whereas the probability of a fall in the GDP is 40.
 a. What is the probability that the stock will go up 20?
  b. We have been informed that the stock has gone up 20. What is the probability of a rise or fall in the GDP?

Question 2

The interval estimate of an individual value of y for a given value of x is
 a. prediction interval estimate
  b. confidence interval estimate
  c. average regression
  d. x versus y correlation interval



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

a. .49
b. .367 + .327 = .694

Answer to Question 2

A





 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library