Mathematics, 26.03.2021 23:40 andygomez1312M
Marvin invested 65% of his retirement account in stocks and 35% in gold. Marvin believes that the return to stocks over the next 12 months is normally distributed with mean rate of return of 10% and standard deviation of return of 15%. He also believes that the return to gold over the next 12 months is normally distributed with mean rate of return of 30% and standard deviation of return of 40%. Finally, Marvin believes that the return to stocks and the return to gold are independent.1. According to Marvin's beliefs, what are the mean rate of return and the standard deviation of return to his investment portfolio? 2. What is the probability that Marvin's portfolio will make at least 20% over the next 12 months? Show your work and explain. Write all the steps of your analysis and/or calculations so that it is clear how you reached your results.
Answers: 1
Mathematics, 21.06.2019 18:20
Find the solution of this system of equation -7x+y=-20 9x-3y=36
Answers: 1
Mathematics, 21.06.2019 18:30
You receive 15% of the profit from a car wash how much money do you receive from a profit of 300
Answers: 2
Mathematics, 21.06.2019 19:30
Factor the expression using the gcf. the expression 21m−49n factored using the gcf
Answers: 2
Mathematics, 21.06.2019 21:30
The measures of the legs of a right triangle are 15m and 20m . what is the length of the hypotenuse
Answers: 1
Marvin invested 65% of his retirement account in stocks and 35% in gold. Marvin believes that the re...
Mathematics, 05.11.2020 05:30
English, 05.11.2020 05:30
English, 05.11.2020 05:30
Mathematics, 05.11.2020 05:30
Physics, 05.11.2020 05:30
Mathematics, 05.11.2020 05:30
Chemistry, 05.11.2020 05:30