Suppose that the rate of return on stocks is normally dis-tributed with mean of 9% and a standard deviation of 3%. If I pick five stocks at random, what isthe probability that at least two of them will have a return of more than 12%.?

The probability that at least two stocks will have a return of more than 12% is 0.1810.

Step-by-step explanation:

Let X = rate of return on stocks.

The random variable X follows a Normal distribution, N (9, 3²).

Compute the probability that a stock has rate of return more than 12% as follows:

**Use the z table for the probability.

The probability of a stock having rate of return more than 12% is 0.1587.

Now define a random variable Y as the number of stocks that has rate of return more than 12%.

The sample size of stocks selected is, n = 5.

The random variable Y follows a Binomial distribution.

The probability of a Binomial distribution is:

Compute the value of P (X ≥ 2) as follows:

P (X ≥ 2) = 1 - P (X < 2)

              = 1 - P (X = 0) - P (X = 1)

Thus, the probability that at least two stocks will have a return of more than 12% is 0.1810.

he used the algebra tiles correctly.

step-by-step explanation:

given : 3x(2x-1)

solution :

since he used algebra tiles .

armando's solution is the same in the solution shown in figure

as he distributed 2x into x and x and wrote them vertically

and also write   -1 vertically

and 3x into x and x and x and wrote it horizontally

performing the multiplication in the algebra tiles we get

and solving the given expression :

3x(2x-1)

since solving the expression using tiles   and solving the expression algebraically we get the same answer

thus   we can choose the first statement as the answer to this problem which is "he used the algebra tiles correctly".

after 1 year: 221 deer

step-by-step explanation:

30% of 170 is 51. 170+51=221