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Suppose That Next Year The U.S. Will Be In One Of The Following Economic Conditions: Boom, Moderate Growth

13/04/2020 Client: wyncastaly Deadline: 2 Day

1) Suppose that next year the U.S. will be in one of the following economic conditions: Boom, Moderate Growth, Recession, or Depression. The probability that each economic condition will occur, and that a jewelry store will earn profits within that broader economic condition are listed below:


Economics condition


Profit


probability


Boom


400000


0,4


moderategrowth


300000


0,3


recession


100000


0,2


depression


-500000


0,1


2) The standard deviation of the jewelry store's profits next year (rounded to the nearest dollar) is ?


3) The expected profit of the jewelry store during the next year is?


4) What is the complete set of numbers for which f(x) = x3 + 2x2 - x is concave?


5) Today you deposited $10,000 in a savings account that pays 6% annual interest, compounded semiannually. In 5 years, how much money will you have in your account (roun

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