# Question

An investor has two investments A and B. The investor believes that investment A is equally likely to increase by $1,000 or to decrease by $1,000 by the end of the year. The investor also believes that investment B is equally likely to increase by $2,000 or decrease by $2,000 by the end of the year. Let X represents the total amount of change in investments A and B. Assume that these investments perform independent of each other. Find the probability of X.

## Answer to relevant Questions

A random variable has possible values of 20, 21, 22, 23, and 24 that are equally likely to occur. a) What is the probability that the random variable is less than 23?b) What is the mean of the random variable?c) What is the ...Show & Sell can advertise its products on local radio and television (TV). The advertising budget is limited to $10,000 per month. Each minute of radio advertising costs $15 and each minute of TV commercials $300. Show & ...The calculation of a Sigma level, is based on the number of defects per million opportunities (DPMO). In order to calculate the DPMO, three distinct pieces of information are required: a) The number of units producedb) The ...William is not married, nor does he have any dependents. He does not itemize deductions. His taxable income for 2007 was $87,000. His AMT adjustments totaled $125,000. What is Williams’s AMT for 2007? (Hint: Don’t ...Indigenous religions generally are characterized by three basic patterns.What are those patterns?How would you define each pattern in your own words?In what ways do you see these patterns as making indigenous religion unique ...Post your question

0