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

Answer 1

Answer:

1)

the mean rate of return is 17 %

the standard deviation of return is 17.06055

2)

the probability that Marvin's portfolio will make at least 20% over the next 12 months is 0.4325

Step-by-step explanation:

Given the data in the question;

1)

For the portfolio, the mean return and standard deviation are computed as follows;

Mean = Return = 0.65 × 10 + 0.35 × 30

= 6.5 + 10.5

= 17 %

Therefore, the mean rate of return is 17 %

Standard deviation will be;

σp = √( 0.65² × 15² + 0.35² × 40² )

= √( 0.4225 × 225 + 0.1225 × 1600 )

= √( 95.0625 + 196 )  

= √291.0625

= 17.06055  

Therefore, the standard deviation of return is 17.06055

2)  

probability that Marvin's portfolio will make at least 20% over the next 12 months.

P( X > 20 )

we convert to a standard normal variable;

Z = [tex]\frac{20-17}{17.06055}[/tex] )

Z = 0.17

from z table, p-value is;

p( X < 20 ) = 0.5675

P( X > 20 ) 1 - 0.5675  = 0.4325

Therefore, the probability that Marvin's portfolio will make at least 20% over the next 12 months is 0.4325


Related Questions

kalya walks 3 7/10 miles each day what is the total of miles she walks 31 days

Answers

Answer:

114.7

Step-by-step explanation:

im smart fam

The answer is 114.7 miles in 31 days.

Consecutive angles in a parallelogram
are
A. supplementary
B. convex
C. congruent
D. acute
E parallel

Answers

Consecutive angles in a parallelogram will always sum to 180 degrees. That makes consecutive angles in a parallelogram “supplementary”.

The consecutive angles in a parallelogram are supplementary

What is a Parallelogram?

A parallelogram is a simple quadrilateral with two pairs of parallel sides. The opposite or facing sides of a parallelogram are of equal length and the opposite angles of a parallelogram are of equal measure

The sum of angles of a parallelogram is 360°

The four types are parallelograms, squares, rectangles, and rhombuses

Properties of Parallelogram

Opposite sides are parallel

Opposite sides are congruent

Opposite angles are congruent.

Same-Side interior angles (consecutive angles) are supplementary

Each diagonal of a parallelogram separates it into two congruent triangles

The diagonals of a parallelogram bisect each other

Given data ,

Let the parallelogram be represented as ABCD

Now , In a parallelogram, consecutive angles are always supplementary, which means the sum of two consecutive angles is always 180 degrees

This property holds true for all parallelograms

Hence , the consecutive angles are supplementary

To learn more about parallelogram click :

https://brainly.com/question/23488153

#SPJ7

pretty please help me!!! i’ll mark brainliest! i tried putting this at 13 points!

Answers

Answer:

m∠T = 54°

Step-by-step explanation:

The measure of a straight line is 180°. (Linear angles theorem)

So, m∠WMT + 117° = 180°

m∠WMT = 180 - 117 = 63°

The base angles in an isoceles triangle are equal in measure (base angle theorem)

So,

m∠MWT = m∠WMT

m∠MWT = 63°

The sum of angles in a triangle is 180°. (Sum of angles in a triangle theorem) So,

m∠MWT + m∠WTM + m∠WMT = 180°

Substitute the measures we already found.

63 + m∠WTM + 63 = 180

Simplify.

126 + m∠WTM = 180

m∠WTM = 54°

m∠T = 54°

I hope this helps! Feel free to ask any questions!

Answer:

54°

Step-by-step explanation:

First calculate Angle WMT as: 180° - 117° = 63°

And note that Angle WMT = Angle MWT = 63°

Therefore, Angle T = 180° - 63° - 63°

Angle T = 54°

What is the remainder when 20152015 is divided by 2014?​

Answers

Answer:

.9657

Step-by-step explanation:

The figure below shows a line graph ad two shaded triangles that are similar

Answers

There is no figure...?

Solve by elimination:
-20x-20y=0
-8x-8y=0

Answers

Answer:

Step-by-step explanation:

-20x-20y=0 -8x-8y=0

Substitute

-8(-y)-8y=0

simplify

0=0

x=-y

What is the solution to this system of equations? x+y=2 y-7=2 x+y-7=3

Answers

Answer:

Use photo math, it will explain all the steps


A theatre has 46 rows.
There are 42 seats in each row.
During a show at the theatre, there are 50 empty seats.
Work out how many people are watching the show.

Answers

Answer:

1882

Step-by-step explanation:

46x42=1932 1932-50=1882

Solve 7x – 9 = 28 + 4(x – 1).

Answers

7x - 9 = 28 + 4x - 4
7x - 4x = 28 - 4 + 9
3x = 33
x = 11

A cone shaped ice cream cone is 6.0 inches tall the base of ice cream cone has a circumference of 9.5 inches what is the approximate volume of the ice cream cone

Answers

Answer:

14.32

Step-by-step explanation:

I rounded the answer slightly btw

Jada was at the state fair from 8:45 am until 11:00 am. How much time did Jada spend at the state fair?

Answers

She spent 1 hour and 15 minutes at the fair, if it’s open at that time.

Answer:

Jada spent 3 hours and 15 minutes at the state fair.

Step-by-step explanation:

She started at 8:45 am and left at 11:00 am.

So 8:45 to 9 is 15 minutes.

So how far away is 9 am to 11 am?

11 - 9 = 3

3 hour difference

But remember to add the 15 minutes from the 8:45 to 9

Jada spent 3 hours and 15 minutes at the state fair.

You pick one tile without looking from a bag that has 2 blue, 3 red, and 5 yellow tiles. Find each probability. Write your answer in simplest form.

Answers

Answer:

Blue: 1/5

Red: 3/10

Yellow: 1/2

if y/8=4,then y/8x 8=4x

Answers

Answer:

y = 32

Step-by-step explanation:

y/8 = 4

multiply both sides by 8:

y = 4 x 8 = 32


Miguel is making trail mix. He uses 5 1/3 ounces of nuts and 2 3/4 ounces of raisins. Which
of these is a reasonable estimate for how much more nuts Miguel uses than raisins?



HELP FAST

Answers

Use image below for the answer of this question

Help very urgent!!!!

Answers

I think it's B

But it could be C

Or maybe A

Perhaps it might be D

Step-by-step explanation:

Suppose Y is a random variable with ​= 0, and ​= 1, skewness​ = 0, and kurtosis​ = 100. Explain why n random variables drawn from this distribution might have some large outliers. A. There might be some outliers because the skewness of the distribution equals 0. B. There might be some large outliers because​ both, the population variance and standard deviation ​, are equal to 1. C. There might be some outliers because the kurtosis of the distribution equals 100. D. There might be some large outliers because the population equals 0.

Answers

Answer:

C. There might be some outliers because the kurtosis of the distribution equals 100.

Step-by-step explanation:

Kurtosis is about the tail of the distribution. High kurtosis means that the data is heavily in the tails or outliers. The kurtosis of the distribution is 100 means there are outliers and the data lies in the tails. The skewness of the data set is determined by the outliers.

Help me find m angle k

Answers

Answer:

angle k is equal to 58 and angle is equal to 60

Write the rule for the nth term of the sequence 2, 6, 18, 54, ... Then find a8.

Answers

Answer:

Multiply by 3

a8 = 4,374

Step-by-step explanation:

Which of the following could not be a value for x?

Answers

Answer: its B or D

Step-by-step explanation: please tell if im wrong

help pls all the questions i dont get it :(​

Answers

Answer:

A. The graph is not proportional, although it has a consistent slope, it does now go through the point of origin or (0,0). The equation of a proportional line is y=kx, so the y-intercept must be at (0,0).

B. Slope is found by  [tex]\frac{rise}{run}[/tex], from 1 point to the next, the y-value (rise) increases by 2 and the x-value (run) increases by 1, [tex]\frac{4}{1} = 4[/tex] giving us a slope of 4.

C. The y-intercept is the lines point of intersection with the y-axis. In the graph, this point is (0,10).

D. y = mx + b is the slope-intercept form where m is the slope and b is the y-intercept, the slope (m) is 4 and the y-intercept (b) is 10. y = 4x + 10

E. The equation is not proportional because the b value is 10 rather than 0.

Answer:

A. The graph is not proportional. I know this because the line doesn't go through the origin (0, 0). B. The slope (m) of the graph is 4. C. The y-intercept is 10. D. The equation in slope-intercept form is y=4x+10. E. The equation is not proportional. I know this because the line began from 10.

Step-by-step explanation:

The graph will be proportional when the line goes through the origin, (0, 0). The equation [tex]m=\frac{y2-x2}{y1-x1}[/tex] is used to solve for the slope (m). Pick any given points from the graph that's on the line to solve for slope (m). (0, 10) and (1, 14) makes it easier to solve for "m".

[tex]m=\frac{14-10}{1-0} =\frac{4}{1} =4[/tex] (4 is the slope)

Substitute x and y with any point given to find the y-intercept:

[tex]14=4(1)+b[/tex]

[tex]14=4+b[/tex]

[tex]-4[/tex]    [tex]-4[/tex]

----------------

[tex]10=b[/tex]

*Note that the y-intercept is always (0, any number)

Example: (0, -24)

Once you know what the slope and the y-intercept are, you'll have the equation set as y=4x+10.

2x + 5 3x - 2 find the value that would make A||B

Answers

Answer:5x + 3

Step-by-step explanation:

Write 5 x 10^6 in standard notation.

Answers

Answer: 5000000~Since the exponent of the scientific notation is positive, move the decimal point 6 places to the right, and you'll get the answer, 5000000~

Thank you for taking the time to read this!

And I hope you have a good day, Loves!

Also if I'm right can you let me know, please?

Also Also if I am right can I please have Brainliest??

You don't need to, I'm just glad I could help. ^^

(If I did help-)

And don't forget to eat a full meal, and have at least one cup of water today!

The standard notation of the number 5 × 10⁶ would be 50,00,000.

Used the concept of scientific notation that states,

Scientific notation is a way of writing very large or very small numbers.

For example; 230,000,000 can be written in scientific notation as

2.3 x 10⁸.

Given that the number is,

5 × 10⁶

Now it can be written in standard notation,

5 × 10⁶

5 × 10 × 10 × 10 × 10 × 10 × 10

5 × 1000000

50,00,000

Therefore, The standard notation of the number is 50,00,000.

To learn more about scientific notation visit:

brainly.com/question/1767229

#SPJ6

Darnell rented a moving truck, the weight of the truck was 7,860 pounds but the truck is empty, nothing is in there. When he puts the items of his own in the truck, it weighs 6 tons. What was the weight in pounds of the item that Darnell placed in the truck?

Answers

Answer:

The item weighed 4140 pounds.

Step-by-step explanation:

1 ton = 2000pounds, 6 tons=12000pounds.

12000-7860=4140pounds.

Evaluate b(x)=5x-5/3x-16 for b(7)

Answers

Step-by-step explanation:

5(7) - 5/3(7) - 16

35 - 35/3 -16

19 - 35/3 = 22/3 or 7 1/3


a. Identify the relationship between the two
angles.
b. Write the equation used to represent the
relationship between the two angles.
c. Solve for the unknown variable.

Answers

Answer:

a - Mutual

b - (x+21)+(2x+3)=90

c - 3x +24 =90

3x=90-24

3x=66

X=22

What is -456 divided by -18

Answers

Answer:

25.3333333

Step-by-step explanation:

Answer: 25.33

Step-by-step explanation:

First yo divide -456 / -18

Last is the result (what you get): 25.33

Find the mean absolute deviation (MAD) of the data in the dot plot below.
Mass of each rock
in Ricardo's collection
numbers 35 36 37 38 39 40 41 42 43 44

Answers

Answer: 2 grams

Step-by-step explanation:

Answer:

ANSWER IN THE PHOTO: 2

pls answer asap I'll mark u brainliest​

Answers

Answer:

a)29

b)70

Step-by-step explanation:

The sum of the interior angles in a triangle is 180.

a)95+56+a=180        b)40+2b=180

151+a=180                     2b=180-40

a=180-151                      2b=140  /2

a=29                              b=70

Every angle in a circle must add to give 180 so therefore for the first question =
a) 95+56+__ = 180 so the answer would be 29
Isosceles triangles have two identical angles inside that need to be the same.
b) 180-40=140 and to have two identical angles half 140 which gives you a final answer of 70

The ordered pair (2, 25) is a solution for which equation(s)? Check all that
apply.
A. y= (x + 2)2
B. y = (2x + 1)2
o c. y = 2x2 + 5
D. y = (x + 3)2

Answers

Answer A is correct. C is correct.

Step-by-step explanation:

evaluate this surd √50+√18-√98​

Answers

.......the answer is 7.26

Other Questions
HELP!!Once youve decided on your three organisms, the next step is to ask questions about the characteristics of the organisms you chose. This step will help you complete the Venn diagram. Here are a few questions to help you:How many stages are present in the life cycles of these organisms?Does a metamorphosis occur during their life cycles?How do these organisms gain energy for their growth?Where do these organisms live on Earth?Can these organisms move freely?What type of reproduction do these organisms have?Are the organisms genetically identical or different from their parents?Do these organisms produce many or few offspring at one time?What other specialized structures or reproductive strategies do these organisms have?Write down two additional questions youll research. Which of the following components of a dwellings plumbing system blocks sewer gases from entering the building and sickening the occupants The cost of a table is double the cost of a chair and the cost of a cupboard is five times the cost of a table. What is the ratio of the cost of the chair table and the cupboard? If the cost of a table is greater than that of a chair by rupees 2000 find the cost of a chair, table and the cupboard. Formal commands choose the correct formal command form to fill in each blank 1.____usted las hamburguesasA. ComenB. Coma C. ComeD. Como2___ustedes los decoraciones para la fiestaA. Prepara B. Preparan C. Prepare D. Preparen 3.___ usted la carne de res A. AseB. AsanC. AsaD. Asen4.___ ustedes la comidaA. SirveB. SirvenC. Sirva D. Sirvan 5.___usted con su madre A. Voy B. VayaC. Va D. Vayan 6.___ustedes una caminataA. DaB. DenC. DanD. De7.Ustedes___bien chicos!A. Esten B. Esta C. Este D. Estan What is the constant term in the expression 6y + 5 + 4PLEASE HELP ME OUT I begging you guys p.s. if u give me the correct answer I'll give u brainillesst points Which america capital has numerous skyways connect buildings in downtown to help people brave the region's brutally cold winter temperatures Jaylynn draws a hen on graph paper using the scale shown below. The hen has a height of 16 units in the drawing. What is the height, in \text{cm}cmstart text, c, m, end text, of the actual hen? Press the hotspot next to the name of the learner who wrote an incorrect expression. Can someone help me on algebra please help me and show your work pleaseeee PLEASE HURRY I WILL GIVE BRAINLIST Your email should be 150-200 words long.Your grandparents, who are both quite elderly, live in another town and would like tovisit you at your school or college. They would like to stay in a modestly priced guesthouse. They can stay for only three days and are anxious to see as much as possible.Your grandfather has some difficulty walking long distances and uses a stick.Write them a letter in which you:welcome themoffer advice about accommodation and travelsuggest ways to make the most of their trip. What element is always the same, in any personal narrative?point of viewsettingplotconflict How does The Sentiments of an American Woman reflect the Declaration of Independence? One centimetre on a 1:50 000 topographic map represents how many metres on the ground? The height of the triangle is 3 meters longer than twice its base. Find the base and height if the area is 8 square meters. Round to the nearest hundreth. Please help me with my whistle noteI need serious help with my whistle note. How can I improve my whistle note without having to pay money Leah has just inherited $12,000. She wants to invest the money so that she canincrease the value of her inheritance. What are some of the ways she can do this?1. Leah wants to invest the $12,000 in an account that pays 4.5% annual interest.Part AWrite equations for the amount A(t) that will be in the account after t years, if theinterest is compounded continuously, daily, and monthly. Then, find the amountafter 10 years, rounded to the nearest cent, for each method of compounding.Complete the table. does anybody have social media and could help me with my homework ? i will send you pictures of my work please all of my work is due tomorrow!! i need help Tyrone jogged 5 miles along the fitness trail. How many feet did he jog? How many inches did he jog? Please Help......If you were to flip a coin 60 times, how many times would you expect the coin to land on heads?