An analyst has a limit order outstanding on a stock. He argues that the probability that the order will execute before the close of trading is 0.20. Thus, the odds for the order executing before the close of trading are .a. one in four b. one in fivec. four to one d. five to ond

b. One in Five

Step-by-step explanation:

To calculate probability, we need to know the formula:

in this case the probability is given in its decimal form, which is = 0.20

∴ to be able to use our formula easily, we will need to convert the probability to its fraction form.

which is 0.20 = ( to do this, just simply put a 1 under the decimal point and replace the remaining values of 20 with zeroes)

reducing to its simplest form gives .

Hence, relating it to our formula, we can see that the number of possible out comes is = 1

and the total number of outcomes = 5.

This means that the probability that the order will execute before the same of closing is the same as  1 in 5

so what is the problem what are they asking you to solve

step-by-step explanation:

so what is the problem what are they asking you to solve

d. $180

step-by-step explanation:

if the dimensions of the room is 9ft by 12 ft, we have the area of the floor as,

so the area of the floor is 108 square feet, converting that into square yards we get,

the cost of carpet is $15 per square yard, therefore the cost of carpet for 12 square yards is,

hence, the cost of carpet is $180.

assuming the dimensions of the room be,

15 ft by 12 ft

so, the area of the floor of that room is,

we can convert 180 square feet into square yards, we know that,

1 sq ft = 0.111 sq yard

so, 180 square feet is,

so the area of floor is 20 square yards.

now, the cost of carpet is 15 dollars per square yard, therefore the cost of carpet for 20 square yards is,

so, it will cost $300.