Tutorial ExerciseThe "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on theirperformance the preceding year. HINT [See Example 2.]SymbolTVZCVXMCDPFEMRKCATXOMCompanyΚΟAT&TVerizonGE General ElectricChevronMcDonald'sPfizerMerckCaterpillarExxonMobilCoca-ColaPrice ($)33.5946.7893.7031.15112.18 3.82%25.2756.7991.5392.45Yield42.225.48%4.70%3.63%3.60%3.48%3.17%3.06%2.99%2.89%If you selected two of these stocks at random, what is the probability that both the stocks in your selection had yields of 3.5% or more? Step 1We are given a table of the top ten stocks from 2015, along with their performance. We are asked to calculate the probability that if we select two stocks at random, both stocks will haveyields of 3.5% or more.Since we are selecting the stocks at random, we consider each outcome to be equally likely. Recall the formula for the probability of an event E in which all outcomes are equally likely.P(E)==n(E)n(S)The notation n(S) stands for the total number of outcomes in the sample space. Using combinations, we can calculate n(S) by finding the number of ways we could select two stocks from tenwithout replacement.n(S) = c(10, [Submit Skip (you cannot come back)

Given: Using combinations, the value of nS is calculated by finding the number of ways select two…

Answered: The "Dogs of the Dow" are the stocks…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

Groupon, an online Web site, offers its subscribers at least one special deal per day to local businesses in their cities such as places to eat, health-related activities (spas or fitness centers), places to see (museums), a variety of activities such as golfing or sky diving, or other specials (such as a Gap Groupon or a gourmet fruit basket). Since December 2008, the number of subscribers has increased from 400 to more than 50 million in more than 400 markets, in over 40 countries (Groupon Hits 50m Subscribers, 2011). To date, Groupon claims that more than 30 million Groupons have been sold, saving subscribers nearly $1.3 billion. From a survey of students at one university, it was found that during the past week, the following number and category of Groupons were purchased: 230 (activities); 80 (food); 90 (health-related items), and 50 (other).a. Graph these purchases with a pie chart.b. Graph these purchases with a bar chart.
The National Highway Association is studying the relationship between thenumberof bidders on a highway project and the winning (lowest) bid for the project. Ofparticular interest is whether the number of bidders increases or decreases the amountof the winning bid.
Wall Street performs a sort of “financial alchemy” enabling the individual to benefit from institutions lending money to them, according to Adam Davidson, cofounder of NPR’s “Planet Money.” Individuals can invest small amounts of their money in a 401(k), pooling their capital and spreading the risk. Assume you invested in Fidelity New Millennium, FMILX, one of the “10 Best Rated Funds” by The Street. How much would you pay for 70 shares if the 52-week high is $34.57, the 52-week low is $28.90, and the NAV is $42.59? (Round your answer to the nearest cent.) Amount paid $ __________
The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top 10 stocks of the "Dogs of the Dow" list for 2021, based on their performance the preceding year. Symbol Company Price ($) as of 12/31/2020 Yield as of 12/31/2020 CVX Chevron 84.45 6.11% IBM IBM 125.88 5.18% DOW Dow 55.50 5.05% WBA Walgreens 39.88 4.69% VZ Verizon 58.75 4.27% MMM 3M 174.79 3.36% CSCO Cisco 44.39 3.24% MRK Merck 81.80 3.18% AMGN Amgen 229.92 3.06% KO Coca-Cola 54.84 2.99% You decide to make a small portfolio consisting of a collection of 6 of the top 10 Dogs of the Dow. (a) How many portfolios are possible? portfolios (b) How many of these portfolios contain DOW but not MMM? portfolios (c) How many of these portfolios contain at most one stock priced above $100? portfolios
A newly appointed school district superintendent releases a plan for the next 20 years that affects the schools within the boundaries of the district. In this plan, there is a new policy that states that if a high school has less than 100 students, then the school will be shut down. Calamanco high school has a population of 1417 students, but is losing students at an averge rate of 109 students per year. This school used to house more than 5000 students but the district has been struggling in recent years and losing people to more affluent nearby districts and cities. Some communities are concerned about this decreasing rate because there will be a time when the district may shut school down. Let x represent the number of full years that the school is operational. Part A: If this trend continues, write a function that gives student population at Calamanco high school after x years before the school is shut down by the district. Part B: What constraints does this situation put on the…
Suppose an investor has a choice of 7 businesses in which to put his investments. He decides to rank each business according to certain criteria, such as rate of return and payback period. How many different ways can he rank the 7 businesses?
A newly appointed school district superintendent releases a plan for thenext 20 years that affects the schools within the boundaries of the district.In this plan, there is new policy that states that if a high school has lessthan 100 students, then the school will be shut down. Calamanco HighSchool has a population of 1,417 students, but it is losing students at anaverage rate of 109 students per year. This school used to house morethan 5,000 students but the district has been struggling in recent years andlosing people to more affluent nearby districts and cities. Somecommunities are concerned about this decreasing rate because therewill be a time when the district may shut the school down. Let xx representthe number of full years that the school is operational.Part A: If this trend continues, write a function that gives the studentpopulation at Calamanco High School after xx years before theschool is shut down by the district. Part B: What constraints does this situation put on the…
In USA there are seven federal tax brackets for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your bracket depends on your taxable income and filing status. These are the rates for taxes due in April 2021 if you are a single filer. Taxable Income Tax Rate $0 to $9,875 10% $9,876 to $40,125 12% $40,126 to $85,525 22% $85,526 to $163,300 24% $163,301 to $207,350 32% $207,351 to $518,400 35% $518,401 or more 37% Table 2 Create a Mathematical Model that represents the aforementioned information to calculate the annual income tax of each slab. How much annual income tax you will have to pay if your monthly taxable income is $13,750.
business graduate wants to get a job in any one of the top 10 accounting firms. Applying to any of these companies requires a lot of effort and paperwork and is therefore costly. She estimates the cost of applying to each of the 10 companies and the probability of getting a job offer there. These data are tabulated below. The tabulation is in the decreasing order of cost. 1. If the graduate applies to all 10 companies, what is the probability that she will get at least one offer? 2. If she can apply to only one company, based on cost and success probability criteria alone, should she apply to company 5? Why or why not? 3. If she applies to companies 2, 5, 8, and 9, what is the total cost? What is the probability that she will get at least one offer? 4. If she wants to be at least 75% confident of getting at least one offer, to which companies should she apply to minimize the total cost? (This is a trial-and-error problem.) 5. If she is willing to spend $1,500, to which companies should…
One of the most impressive, innovative advances in online fundraising over the past decade is the rise of crowd-funding websites. While features differ from site to site, crowd-funding sites are websites that allow you to set up an online fundraising campaign based around a fundraising page, and accept money directly from that page using the website's own credit card processor. A certain crowd-funding website reported that 131 of 357 technology crowd-funding projects were successfully launched in the past year and 345 of 872 film and video crowd-funding projects were successfully launched in the past year. State the conclusion
One of the most impressive, innovative advances in online fundraising over the past decade is the rise of crowd-funding websites. While features differ from site to site, crowd-funding sites are websites that allow you to set up an online fundraising campaign based around a fundraising page, and accept money directly from that page using the website's own credit card processor. A certain crowd-funding website reported that 131 of 357 technology crowd-funding projects were successfully launched in the past year and 345 of 872 film and video crowd-funding projects were successfully launched in the past year.
One of the most impressive, innovative advances in online fundraising over the past decade is the rise of crowd-funding websites. While features differ from site to site, crowd-funding sites are websites that allow you to set up an online fundraising campaign based around a fundraising page, and accept money directly from that page using the website's own credit card processor. A certain crowd-funding website reported that 131 of 357 technology crowd-funding projects were successfully launched in the past year and 345 of 872 film and video crowd-funding projects were successfully launched in the past year. a. Is there evidence of a significant difference in the proportion of technology crowd-funding projects and film and video crowd-funding projects that were successful? (Use α = 0.01.) a) State the null and alternative hypotheses, where π1 is the population proportion of successful technology crowd-funding projects and π2 is the population proportion of successful…

SEE MORE QUESTIONS

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS

The "Dogs of the Dow" are the stocks listed on the Dow with the highest dividend yield. The following table shows the top ten stocks of the "Dogs of the Dow" list for 2015, based on their performance the preceding year. HINT [See Example 2.]