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January 25 Boards

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Yukon College course MATH 105 (Intro Statistics) blackboards

Published in: Economy & Finance, Business
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January 25 Boards

  1. 1. Tree diagram for the number of heads possible in 3 successive flips of a coin
  2. 2. Probability distribution for number of heads in 3 flips of a coin
  3. 3. Pg 221, #3 – mean number of credit cards owned by bank customers
  4. 4. Pg 221, #3 continued … standard deviation for the credit cards
  5. 5. Considering risk and reward, which is the better investment? Which one has the better expected value?
  6. 6. The expected value of Bond X is better than Bond Y, so Bond X has a better payoff for the risk involved.

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