Rey is considering buying shares of TWA stock. The stock currently sells for $50 per share. The stock changes in value at 9:00 am each day, either increasing in value by $11 or decreasing in value by $13. The stock will increase in value with 40% probability, and decrease in value with 60% probability. The stock follows a random walk. In two days, what is the probability that the TWA stock is greater than $30

Answers

Answer 1

Answer: 64%

Step-by-step explanation:

Given the following :

Current price of stock = $50

Probability of increase per day = 40% = 0.4

Probability of decrease = 60% = 0.6

Value of increase = $11

Value of decrease = $13

Probability that stock is greater than $30 in two days :

For stock to be greater than $30 in two days ;

It either increases in both days or increases in a day and falls the other

Hence, probability that stock is greater than $30

P(increase and increase) OR P(increase and decrease) OR P(decrease and increase)

(0.4 × 0.4) + (0.4 × 0.6) + (0.6 × 0.4)

0.16 + 0.24 + 0.24 = 0.64

0.64 × 100 = 64%


Related Questions

Between what two integers does the square root of 14 lie?

Answers

the answer is 3 and 4 , hope this helps.

Answer:

3 and 4

Step-by-step explanation:

Brighton Company launched a new gaming console. They sold 200 consoles prior to the launch.
The number of consoles sold each day after the launch is shown by the graph below.

Answers

Answer: in the domain of this situation, there is no asymptote.

Step-by-step explanation:

Asymptote would be on the left where x is negative but this function only shows all positive values of X

The value of k is -0.25. The graph shows that the actual number of consoles sold is slightly higher than the predicted number of consoles sold.

The graph shows that the number of consoles sold each day after the launch of the Brighton Company gaming console follows an exponential decay pattern. This means that the number of consoles sold each day is decreasing at a rate that is proportional to the number of consoles that have already been sold.

The equation that can be used to model this exponential decay pattern is:

N = A * [tex]e^{-kt[/tex]

where:

N is the number of consoles sold on day t

A is the initial number of consoles sold (200 consoles)

k is a constant that determines the rate of decay

e is the base of the natural logarithm

We can use the data from the graph to estimate the value of k. The first day after the launch, 180 consoles were sold. This means that on day 1, N = 180. The initial number of consoles sold, A, is known to be 200 consoles. Therefore, we can write the following equation:

180 = 200 * [tex]e^{-kt[/tex]

Solving for k, we get:

k = -ln(1.8) / 1

≈ -0.25

The value of k is approximately -0.25. This means that the number of consoles sold each day is decreasing at a rate of 25%.

We can use the equation to predict the number of consoles sold on future days. For example, on day 2, we would predict that 150 consoles would be sold. On day 3, we would predict that 120 consoles would be sold.

The graph shows that the actual number of consoles sold is slightly higher than the predicted number of consoles sold. This is because the exponential decay pattern is not perfect. There are other factors that can affect the number of consoles sold, such as the availability of the console and the price of the console.

To learn more about graph here:

https://brainly.com/question/17267403

#SPJ2

State the domain and range and determine if its a function

Answers

Answer:

The first element of a set which is linked with the element of second set is called domain.

The element of second set is known as range.

Answer:

When functions are first introduced, you will probably have some simplistic "functions" and relations to deal with, usually being just sets of points. These won't be terribly useful or interesting functions and relations, but your text wants you to get the idea of what the domain and range of a function are. Small sets of points are generally the simplest sorts of relations, so your book starts with those.

for example

State the domain and range of the following relation. Is the relation a function? {(2, –3), (4, 6), (3, –1), (6, 6), (2, 3)}

The above list of points, being a relationship between certain x's and certain y's, is a relation. The domain is all the x-values, and the range is all the y-values. To give the domain and the range, I just list the values without duplication:

domain: {2, 3, 4, 6}

range: {–3, –1, 3, 6}

(It is customary to list these values in numerical order, but it is not required. Sets are called "unordered lists", so you can list the numbers in any order you feel like. Just don't duplicate: technically, repetitions are okay in sets, but most instructors would count off for this.)

While the given set does indeed represent a relation (because x's and y's are being related to each other), the set they gave me contains two points with the same x-value: (2, –3) and (2, 3). Since x = 2 gives me two possible destinations (that is, two possible y-values), then this relation is not a function.

What is the coefficient of 9(14) P ?

Answers

Answer:

the answer of this question is

the coffiecent is p

the coefficient is P

100 POINTS!!! ASAP-- Pls show work too TY

Answers

Answer:

I will help you but is there any picture that can help me answer the question?

Answer:

[tex]\sin(\theta)=\frac{\sqrt{13}}{7}\approx0.5151[/tex]

Step-by-step explanation:

So we know that Θ is acute and that:

[tex]\cos(\theta)=6/7[/tex]

First, note that since Θ is acute, it is between 0 and 90 degrees, meaning that all of our trig ratios will be positive since the angle is in the Quadrant I.

The Pythagorean Identity is:

[tex]\sin^2(\theta)+\cos^2(\theta)=1[/tex]

We know that cosine is 6/7. Substitute:

[tex]\sin^2(\theta)+(\frac{6}{7})^2=1[/tex]

Square:

[tex]\sin^2(\theta)+\frac{36}{49}=1[/tex]

Subtract both sides by 36/49. Change the 1 to 49/49 to make a common denominator:

[tex]\sin^2(\theta)=\frac{49}{49}-\frac{36}{49}[/tex]

Subtract:

[tex]\sin^2(\theta)=\frac{13}{49}[/tex]

Take the square root of both sides:

[tex]\sin(\theta)=\pm\sqrt{\frac{13}{49}}[/tex]

Simplify:

[tex]\sin(\theta)=\pm\frac{\sqrt{13}}{7}[/tex]

As mentioned previously, since Θ is acute, all of the trig functions must be positive. So, we can ignore our negative answer:

[tex]\sin(\theta)=\frac{\sqrt{13}}{7}\approx0.5151[/tex]

and we're done!

Hi what’s 2+2? Anyone would like to help..?

Answers

two plus two is four!
you count your fingers

Answer:

2+2 = 4

Step-by-step explanation:

you see..... •• (2) + ••(2) = •••• (4) << you just need to count them

Simplify −0.6(−6.3). −3.78 −3.63 3.63 3.78

Answers

Answer:

3.78

Step-by-step explanation:

a negative multiplied by a negative is a positive. 0.6 multiplied by 6.3 equals 3.78

Answer:

3.78

Step-by-step explanation:

tentukan nilai daerah yang diarsir dalam pecahan?​

Answers

yeah it would be for sure

the sum of 12 and the quantity 8 times a number k is equal to 48

Answers

Answer:

12 + (8k) = 48

k= 9/2

Step-by-step explanation:

one solution to a quadratic function is -4+7i, what is the other solution?

Answers

Answer:

-4 - 7i

Step-by-step explanation:

If a quadratic equation with real coefficients has a complex number as a solution, then the complex conjugate of that number is also a solution.

Assuming the coefficients of the quadratic function are real, then the other solution is

-4 - 7i

*
(1 Punto)
(7.006 x 1041) x (5.09 x 1022)
OA 3.566 x 1041
OB 3.566 x 1062
ОС
3.566 x 1063
D
3.566 x 1064​

Answers

This question was not written properly

Complete Question

(7.006 x 10⁴¹) x (5.09 x 10²²)

OA) 3.566 x 10⁴¹

OB) 3.566 x 10⁶²

ОС) 3.566 x 10⁶³

OD)3.566 x 10⁶⁴

Answer:

D. 3.566 × 10⁶⁴

Step-by-step explanation:

We are asked to solve:

(7.006 x 10⁴¹) x (5.09 x 10²²)

When we multiply this together

= (7.006 × 5.09 ) × 10(⁴¹+²²)

= (7.006 × 5.09 ) × 10⁶³

= 35.66054 × 10⁶³

= 3.566054 ×10⁶⁴

Approximately = 3.566 × 10⁶⁴

find the measure of angle E

Answers

Answer:

E = 76°

Step-by-step explanation:

Exterior angle B = 116°

So ABC = 180° - 116°

= 64°

In triangle ABC , AC = BC ( given )

So angle BAC = angle ABC = 64° ( Opposite angle of two same sides of a triangle are equal )

According to Angle Sum Property of a Triangle ,

BAC + ABC + ACB = 180°

=> ACB + 64° + 64° = 180°

=> ACB = 180° - 128°

= 52°

Also , angle ACB = angle ECD = 52° ( Vertical Opposite Angles are equal )

In triangle ECD ,

EC = ED ( given )

So, angle ECD = angle EDC = 52° ( Opposite angle of two same sides of a triangle are equal )

According to Angle Sum Property of a Triangle ,

ECD + EDC + CED = 180°

=> 52° + 52° + CED = 180°

=> CED = 180° - 104°

= 76°

If BC = 5x − 15, CD = 4x, and BD = 8x + 4, what is BD? Simplify your answer and write it as a proper fraction, mixed number, or integer. Could you please type it in a step by step.

Answers

Answer:

156

Step-by-step explanation:

CD+BC=BD

[tex](5x - 15) + 4x = 9x - 15 = 8x + 4 \\ x = 19 \\ bd = 8x + 4 = (8 \times 19) + 4 = 156[/tex]

f(x) = 2x – 1 What is f(13)?

Answers

Answer:

f(13) = 25

Step-by-step explanation:

f(x) = 2x – 1

To find f(13) substitute the value of x that's 13 into f(x). That is for every x in f (x) replace it with 13

We have

f(13) = 2(13) - 1

= 26 - 1

We have the final answer as

f(13) = 25

Hope this helps you

(2 points)
A polynomial is divided by (x - 2), the quotient is (x – 6), and the remainder is -6
What is the original polynomial

Answers

Answer: x^2-8x+6

=========================================================

Explanation:

n = numerator polynomial = unknown (what we want to solve for)

d = denominator polynomial = x-2

q = quotient = x-6

r = remainder = -6

Based on that, we can say,

n/d = q + r/d

n = q*d + r ... multiply every term by d

n = (x-6)(x-2) + (-6) .... substitution

n = x^2-8x+12-6

n = x^2-8x+6

Dividing (x^2-8x+6) over (x-2) leads to a quotient of (x-6) and a remainder of -6.

Kendra earns $11.60 per hour working at the movie theater. Each week, she donates
1/10
of her earnings to Best Friends Animal Society, her favorite charity. If Kendra worked
8 1/2
hours last week, how much money did she donate to the charity?

Answers

Answer: $9.86

Step-by-step explanation:

$11.60 ⋅ 8.5 = $98.60

$98.60 / 10 = $9.86

Can someone help me simplify 16 > x +9

Answers

Answer:

7 > x

Step-by-step explanation:

16 > x + 9

you subtract 9 from both sides to get your variable by yourself and you keep the same sign

7 > x

The sum of the ages of Jacob and Jasmine is 66 years. 6 years ago, Jacob's age was 2 times Jasmine's age. How old is Jacob now?

Answers

27, first you take 66-12 bc that is both of their ages, and then I divided that by 2 since it’s twice jasmines age. Hope this helps and would appreciate a Brainly :)

Answer:

Jacob's age is 42

Jasmine's age is 24

Step-by-step explanation:

Let Jacob's age be x

Let Jasmine's age be y

x + y = 66

x - 6 = 2(y - 6)

x - 6 = 2y - 12

x - 2y = -12 + 6

x - 2y = -6

x + y = 66 ------- (1)

x - 2y = -6 ------- (2)

From (1),

x = 66 - y -------- (3)

Substitute the value of x in (2)

x - 2y = -6

66 - y - 2y = -6

-3y = -6 - 66

-3y = -72

y = -72/-3

y = 24

Solve for x in (1)

x + y = 66

x + 24 = 66

x = 66 - 24 = 42

x = 42, y = 24

You work at a coffee shop and they pay you $12.80 an hour. If you work 34
works this week, what is your straight-time pay?

A. $435.20
B. $438.80
C. $442.20
D. $444.60
E. $446.40
F. $448.20

Answers

Answer:

answer is A $435.20

Step-by-step explanation:

I guess I was help full for u

plz follow me for more updates

I really need help with this question

Answers

Answer: my sis helped me a little so i think its right try 1,500

Step-by-step explanation:

if she gets paid 849000 a year then i would divide 849000 by 12 cause theres that meany months in a year then with that number subtract the Christmas plus witch is 5500 and thats the answer i think

Hallie can use the equation p = 4l + 4w + 4h to determine the sum of the lengths of the edges of a rectangular prism. She begins to solve the equation for h but runs out of time. Her partial work is shown below:

Answers

Answer: ( L+W)

Step-by-step explanation:

Identify the function's local and absolute extreme values, if any, saying where they occur. f(x) = x^3 + 4x^2 - 3x - 4 A) local maximum at x = -1/3; local minimum at x = 3 B) local maximum at x = -1; local minimum at x = 1 C) local maximum at x = -3; local minimum at x 1/3 D) local maximum at x = -1; local minimum at x = 1

Answers

Answer: C) local maximum at x = -3; local minimum at x = 1/3

Step-by-step explanation:

Given the function:

f(x) = x^3 + 4x^2 - 3x - 4

Set f'(x) = 0

f'(x) = 3x² + 8x - 3

f'(x) = 0

3x² + 8x - 3 = 0

Using the quadratic function calculator :

x = - 3 or x = 1/3

Critical points = - 3 ; 1/3

To find the maximum and minimum points :

f''(x) = 6x + 8

Substitute the values of X in

At x = - 3

6(-3) + 8

-18 + 8 = - 10

At x = 1/3

6(1/3) + 8

2 + 8 = 10

Value of f''(x) at - 3 is negative, hence - 3 is the maximum point

Value of f''(x) at 1/3 is positive , hence 1/3 is the minimum point

what is 4/y+2=10/5y?

Answers

y^1=-1,y^2=2 ^=square root

I didn’t post the question I’m sorry but helppp :cc

Answers

I don’t see the question

Which numbers is a factor of 100? 8 12 15 20

Answers

Answer:

20

Step-by-step explanation:

[tex]100 = 20 \times 5[/tex]

20 is a factor of 100. 20*5=100

What is the value of the expression below after it has been simplified completely? (2)(3)-(6)(4) A. –24 B. –18 C. 18 D. 24

Answers

Answer:

B

Step-by-step explanation:

2x3=6 and 6x4=24 so 6-24= -18

Answer:

B

Step-by-step explanation:

-18

How many places do you need to move the decimal to the left to write the number below in the scientific notation?

Answers

Answer:

10

Step-by-step explanation:

in scientific notation a number cant be greater than 10. so you have to move the decimal to make it under 10.

There are 75 students in a speech contest. Yesterday, 2/5 of them gave their speeches. Today, 1/3
of the remaining students gave their speeches. How many students still haven't given their speeches?

Answers

Answer: 30

Work Shown:

2/5 of 75 = (2/5)*75 = 0.4*75 = 30

Yesterday 30 people gave speeches. There are 75-30 = 45 people left.

1/3 of 45 = (1/3)*45 = 15

Then another 15 people gave speeches today. So there are 45-15 = 30 people who haven't given their speeches yet.

How many x-intercepts can an absolute value graph have?

Answers

Answer:

Zero, One, Two

Step-by-step explanation:

It can never touch the x-axis

when it's like

[tex]y=a|x-b|+c[/tex]

with

[tex]c>0[/tex]

it will be upward

it can touch only once when it's like

[tex]y=a|x-b|[/tex]

it will touch it in  [tex](b,0)[/tex]

It can touch twice when it's like

[tex]y=a|x-b|-c[/tex]

with

[tex]c>0[/tex]

the equations are just an example, there can be other ways too

have three or more it's impossible, because the absolute value graph is the union of two lines, and each line at most can touch the x-axis once

Find the equation of the line using the point-slope formula. Write the final equation using slope- intercept form. 6 (1,2) with a slope of - 7 Enter the exact answer.​

Answers

Answer:

y = -7x + 9

Step-by-step explanation:

Point-slope form:

y - 2 = -7 (x -1)

y - 2 = -7x + 7

y - 2 + 2 = -7x + 7 +2

y = -7x + 9

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