This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Investment in new issues (the stock of newly formed companies) can be both suicidal and rewarding. ... (Read 19 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jul 24, 2018
Investment in new issues (the stock of newly formed companies) can be both suicidal and rewarding. Suppose that of 500 newly formed companies in 2010, only 18 appeared to have outstanding prospects.
 
  Suppose that you had selected two of these 500 companies back in 2010. Find the probability that at least one of your companies had outstanding prospects. A) 0.0707735 B) 0.3581242 C) 0.9292265 D) 0.0347735

Question 2

The number of road construction projects that take place at any one time in a certain city follows a Poisson distribution with a mean of 5. Find the probability that exactly six road construction projects are currently taking place in this city.
 
  A) 0.146223 B) 0.322754 C) 0.072770 D) 0.160623


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 24, 2018
Answer to Question 1

A

Answer to Question 2

A


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jul 24, 2018
Great answer, keep it coming :)

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The activity recorded by PET scans during the performance of newly learned and well-practiced ... The activity recorded by PET scans during the performance of newly learned and well-practiced ...
Environmental Issues Environmental Issues
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library