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7th Edition

Stefan Waner + 1 other

Publisher: Cengage Learning

ISBN: 9781337280426

Chapter 8.2, Problem 26E

Textbook Problem

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**1990s Internet Stock Boom** According to the article cited in Exercise 25, 13.5% of Internet stocks that entered the market in 1999 ended up trading below their initial offering prices. If you were an investor who purchased five Internet stocks at their initial offering prices, what was the probability that at least four of them would end up trading at or above their initial offering price? (Round your answer to four decimal places.)

To determine

**To calculate:** The probability that at least four of the five internet stock company would end up trading at or above their initial offering price if it is given that

**Given Information:**

The number of companies purchased is,

**Formula used:**

If the number of successes in a sequence of *n* independent Bernoulli trials is *X*, then

Where

**Calculation:**

Consider the number of companies purchased is,

The probability of at least

The probability of

Compute the value of

Finite Mathematics

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Distribution of Wealth If we model after-tax...Ch. 8.4 - Distribution of Wealth If we model after-tax...Ch. 8.4 - Distribution of Wealth If we model after-tax...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Aging Exercises 6168 are based on the following...Ch. 8.4 - Electric Grid Stress In early 2000 a Federal...Ch. 8.4 - Electric Grid Stress In early 2000 a Federal...Ch. 8.4 - Electric Grid Stress In early 2000 a Federal...Ch. 8.4 - Electric Grid Stress In early 2000 a Federal...Ch. 8.4 - Which is greater for a given set of data: the...Ch. 8.4 - Suppose you take larger and larger samples of a...Ch. 8.4 - In one Finite Math class, the average grade was...Ch. 8.4 - You are a manager in a precision manufacturing...Ch. 8.4 - If a finite random variable has an expected value...Ch. 8.4 - If the values of X in a population consist of an...Ch. 8.4 - Find an algebraic formula for the population...Ch. 8.4 - Find an algebraic formula for the sample standard...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 18, Z is the standard normal...Ch. 8.5 - In Exercises 914, X has a normal distribution with...Ch. 8.5 - In Exercises 914, X has a normal distribution with...Ch. 8.5 - In Exercises 914, X has a normal distribution with...Ch. 8.5 - In Exercises 914, X has a normal distribution with...Ch. 8.5 - In Exercises 914, X has a normal distribution with...Ch. 8.5 - 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IQ Scores Refer to Exercise 31. 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Graph the circle x2+y2=1 with your graphing calculator. Use the feature on your calculator that allows you to e...

Trigonometry (MindTap Course List)

Raise the following fractions to higher terms as indicated.
35. to ninety-eighths

Contemporary Mathematics for Business & Consumers

In Exercises 32 to 37, write a paragraph proof. Given: Chords AB,BC,CD, and AD in O Prove: ABECDE

Elementary Geometry For College Students, 7e

Suppose that | f(x) | g(x) for all x, where limxag(x)=0. Find limxaf(x).

Single Variable Calculus: Early Transcendentals

In Exercises 11-14, find the steady-state matrix for the transition matrix. [0.60.30.40.7]

Finite Mathematics for the Managerial, Life, and Social Sciences

For the circle shown below, the length of the radius is r=5 in. Find the exact: a Circumference _ b Area _ HINT...

Elementary Geometry for College Students

Graphs of Inverse Functions Have Reciprocal Slopes In Exercises 13-16, show that the slopes or the graphs of f ...

Calculus: Early Transcendental Functions (MindTap Course List)

Volume = 775 cubic centimeters; Diameter = Round the answer to the nearest hundredth centimeter.

Mathematics For Machine Technology

Exercises 59-69 involve the information in Figure 9.122 on staining a deck. Create a PERT chart for staining a ...

Mathematics: A Practical Odyssey

Define the concept of internal validity and a threat to internal validity.

Research Methods for the Behavioral Sciences (MindTap Course List)

A simple linear regression model was used to describe the relationship between y = Hardness of molded plastic a...

Introduction To Statistics And Data Analysis

The following data show the pattern of results that was obtained in a study by Liguori and Robinson (2001) exam...

Research Methods for the Behavioral Sciences (MindTap Course List)

Finding the Slope and y-Intercept In Exercises 2934, find the slope and the y-intercept (if possible) of the li...

Calculus (MindTap Course List)

The National Football League (NFL) records a variety of performance data for individuals and teams. To investig...

Statistics for Business & Economics, Revised (MindTap Course List)

Given are five observations for two variables, x and y. xi 3 12 6 20 14 yi 55 40 55 10 15 a. Develop a scatter ...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Sometimes, Always, or Never:
dx equals the area between y = f(x), the x-axis, x = a, and x = b.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

Finding a Directional DerivativeIn Exercises 36, use Theorem 13.9 to find the directional derivative of the fun...

Multivariable Calculus

For

Study Guide for Stewart's Multivariable Calculus, 8th

Getting Ready Fill in the blanks. We call fx=x3 the _________ function because it pairs each real number with i...

College Algebra (MindTap Course List)