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 103 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?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library