DISCUSSION FILE # 22One of our airplanes just crashed and the NTSB claims that it was due to a failure of a boltthat holds the wing on. We buy those bolts from 4 different manufacturers. Historicalpercentages of bolts purchased, along with their respective average failure rates are listedbelow. What's the probability that the defective bolt will eventually be traced to Company"C"?●●●about 25%O about 5%Company A provides 45% and their average failure rate is 0.1%Company B provides 25% and their average failure rate is 0.2%Company C provides 15% and their average failure rate is 0.3%Company D provides 15% and their average failure rate is 0.25%about 18%O about 33%O about 28%

that the defective bolt will eventually be traced to Company "C," we need to use Bayes'…

Answered: DISCUSSION FILE # 22 One of our…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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.A new, miracle diabetes drug that diminishes major symptoms of diabetes has been approved by the FDA. Health care professionals and researchers believe that the new drug will prolong lifespan of diabetes patients. If the population is in steady state and the incidence is constant, what will the effect of this new drug be on the prevalence of diabetes in the population? Explain.
1. ABC inc. stock is currently selling for $30, one year from today the stock price can either increase by 20% or decrease by 15%. The probability of an increase in the stock price is equal to 0.3. The one-year risk-free rate is 5% What is the value of a European put that expires in one year with an exercise price of $24. 2. Graphically, show the value and the profit and loss of the following butterfly position: Long in a call with an exercise price of $30, short in 2 calls with an exercise price of $45, and long in a call with an exercise price of 60. All calls are written on the same stock and have the same maturity. 3. "Early exercise of an American option on a stock that does not pay any dividend is not optimal regardless of whether the option is a Call or a Put". True, False, or Uncertain. Explain.
If a seed is planted, it has a 95% chance of growing into a healthy plant.If 12 seeds are planted, what is the probability that exactly 3 don't grow? Round your answer to three decimal places.
Stress at work: In a poll conducted by the General Social Survey, 80% of respondents said that thelr tobs were sometimes or always stressful. Two hundred workers are chosen at random. Use the TI-84 Plus calculator as needed. Round your answer to at least four decimal places. (a) Approximate the probability that 165 or fewer workers find their jobs stressful. (b) Approximate the probability that more than 150 workers find their jobs stressful. (c) Approximate the probability that the number of workers who find their jobs stressful is between 153 and 160 Inclusive. Part 1 of 3 The probability that 165 or fewer workers find their jobs stressful is Part 2 of 3 The probability that more than 150 workers find their jobs stressful is
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You flip a fair coin 10 times. What is the probability that you flip all tails? Answers should be percentages correct to five decimal places.
The probability that a student passes APPDA is 2/3, and the probability that she passes Research Methods is 4/9. If the probability of passing at least one course is 4/5, what is the probability that she will pass both courses ? Final answer in % and 2 decimal places.
If the probability that the Islanders will beat the Rangers in a game is 81%, what is the probability that the Islanders will win at least three out of five games in a series against the Rangers? Round your answer to the nearest thousandth.
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Show all your work and explain each step. A laboratory blood test is 0.95 effective in detecting Corona virus, when it is, in fact, present. However, the test also yields a "false positive" result for 1 percent of the healthy persons tested. (That is, if a healthy person is tested, then, with probability 0.01, the result will imply s/he has the Corona virus.) If 0.5 percent of the population in King County has the virus, what is the probability a person has the virus given that his or her test result is positive?

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