Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. assume the monthly price change per share of tence

Assume the monthly price change per share of Tencent follows a normal distribution with μ=2.8 and...

80.2K

Verified Solution

Question

Statistics

  1. Assume the monthly price change per share of Tencent follows anormal distribution with μ=2.8 and ?=15.
    1. (5) If you buy one share of Tencent and hold for one month,what is the chance you will lose money?
    2. (5) Assume that the performance of stock price is independentacross different months. If you hold the stock for 12 months, whatis the chance that you will only lose in 2 months?
    3. (5) Continue from (b). What is the chance that you don’t loseuntil 12th month?
    4. (5) If you buy and hold 1 share of Tencent for one year, whatis the chance you will lose money at the end of the year?

Answer & Explanation Solved by verified expert
4.0 Ratings (449 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

membrane transport refers to the mechanisms by which solutes cross the pasma membrane, but there are...

Biology
Q

A 37-year-old man is diagnosed with Philadelphia chromosome-positive (Ph+) chronic myelogenous leukemia (CML). a. What is the...

Biology
Q

On January 1, 2012, Vallahara Company purchased machinery for $650,000, which it installed in a rented...

Accounting
Q

The spinner below shows 5 equally sized slices Lisa spun the dial 100 times and...

Geometry
Q

A shop sells t shirts that can be printed with any one of 30 designs...

Basic Math
Q

5 7 asic Inferences About for a Normal Population Unknown 5 34 Provide the rejection...

Statistics
Q

CAN SOMEONE ANSWER THIS PLEASE????????????? The approved 2020 operating budget for XYZ ltd....

Accounting
Q

A corporation that was recently the victim of hacking that was caused by a high-level...

Accounting
Q

3. The following transactions took place for the month of January 2022 REQUREED: Show necessary...

Accounting
Q

Cullumber Ltd. had the following share transactions during its first year of operations: Jan. 6...

Accounting
Q

Blossom Equipment Company, organized in 2025, has these transactions related to intangible assets in that...

Accounting
Q

Fortune Bank Assets Duration Liabilities Duration Reserves $8,000,000 0.00 Checkable Deposits $8,000,000 1.60 Securities Money...

Finance