1. A person who is 55 year old bought a PHP 2,000,000 life insurance policy at a cost of PHP 1.2 M and has a probability of 0.978 of living to age 56, find the expectation of the policy. 2. nPn-r = ? (Permutations)
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1. A person who is 55 year old bought a PHP 2,000,000 life insurance policy at a cost of PHP 1.2 M and has a probability of 0.978 of living to age 56, find the expectation of the policy.
2. nPn-r = ? (Permutations)
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- An estate agent advertises its houses in two media; Daily Graphic and Ghanaian Times. The agent believes that there is a relationship between the sales S and the amounts spent on the two advertising media. The relationship is given by; where, d is the amount spent in Daily Graphic and g is the amount spent in Ghanaian Times. The estate’s agent fee is 12½% and this includes the cost of adverting. If the agent has planned to spend only 200 thousand Ghana Cedis on advertisement, show how it should be allocated between the two media in order to maximize net profit.The demand for a product of Carolina Industries varies greatly from month to month. The probability distribution in the following table, based on the past two years of data, shows the company's monthly demand. Unit Demand Probability 300 400 500 600 0.20 0.30 0.35 0.15 (a) If the company bases monthly orders on the expected value of the monthly demand, what should Carolina's monthly order quantity be for this product? (b) Assume that each unit demanded generates $70 in revenue and that each unit ordered costs $50. How much will the company gain or lose in a month (indoitars) if it places an order based on your answer to part (a) and the actual demand for the item is 300 units?How do you solve a problem similar to this? I’m confused on how to solve to find the quantity when you have the other variables. (Q1-15)-Q1/ ((Q1-15)+Q1)/2 = -30.30
- themepans i max Task 3: During the last 10 years, a corporation's net profit increased year over year 6 times and decreased year over babive969 with characteristicsmber of annual earnings increases for the next 10 years is modelled in 4 times. Assume that the accordance with quote of the binomial distribution. Estimate the probability that the corporation's net profit will increase in exactly 4 of the next 10 years. tot twee monteutimut ethomi smo bsd-.2.U A :clesT Diswiot brs toqe ert tuods noitsmotnleysb 08 ni utimut to insmqinle 6 101 000,000,83 vsqof ever lliw 2.0 woled nevig ai 29161 (AU3 8.0 ataoo 020) 008.0 02U AU3 eer.o 020 A03 9161 toqe tre etsi biswiot ysb-08The Enrico Oil Company is deciding whether to drill for oil on a tract. The company estimates thatthe project would cost $8 million today. The company estimates that once drilled, the oil willgenerate positive net cash flow of $4 million a year for the next 4 years. The company recognizes,however, that if it waits 2 years, it could cost $9 million, but there is a 90% chance that the nextcash flow will be $4.2 million and there is a 10% chance that the net cash flow will be $2.2 milliona year for 4 years. Assume that all cash flows are discounted at 10%. Required:i. If the company opts to drill today, what is the project’s NPV? ii. Evaluate whether it would be worthwhile to wait 2 years before deciding whether todrill?Q4: An investor invests $1000 a month, on average, in a stock market security. Because the investor must wait for good "buy" opportunity, the actual time of purchase is random. The investor usu- ally keeps the securities for about 3 years on the average but will sell at random times when a good "sell" opportunity presents itself. Although the investor is generally recognized as a shrewd stock market player, past experience indicates that about 25% of the securities decline at about 20% a year. The remaining 75% appreciate at the rate of about 12% a year. Estimate the inves- tor's (long-run) average equity in the stock market. Hint: use the average number of securities in the market.
- An investor is considering the following two investments.•Investment 1 has an expected rate of return (profit) of 8% and costs $40 per share.•Investment 2 has an expected rate of return (profit) of 5% and costs $30 per share.The investor has $100 to invest to maximize her total expected rate of return, and shemust buy whole shares (not partial/factional shares) of the investments.(a) Formulate the investor’s integer programming problem.(b) Solve the investor’s problem using branch and bound and explain youranswer. How much of each investment does the investor purchase?Only typed answer Increasing "is not the right answer. Which one else would the right one?Q3/ The probability that a consumer will rate a new antipollution device for cars What are the probabilities that it will rate the device (a) very poor, poor, fair, or good; (b) good, very good, or excellent? Rate Poor Fair Very good Excellent Very poor Good Probability 0.07 0.12 0.17 0.32 0.21 0.11
- Please no written by hand solution Kate recently invested in real estate with the intention of selling the property one year from today. She has modeled the returns on that investment based on three economic scenarios. She believes that if the economy stays healthy, then her investment will generate a 30 percent return. However, if the economy softens, as predicted, the return will be 10 percent, while the return will be -25 percent if the economy slips into a recession. If the probabilities of the healthy, soft, and recessionary states are 0.6, 0.2, and 0.2, respectively, then what are the expected return and the standard deviation of the return on Kate❝s investment? Calculate the coefficient of variation for this investment. (Round expected return to 3 decimal places, e.g. 0.125 and round intermediate calculations and standard deviation to 5 decimal places, e.g. 0.07680.)SooolllvData analysis, please show all work A company makes a laser product. The product is well made, but is expensive to manufacture. As indicated, the product is well made, so 98.7% of lasers function as advertised. However, 1.3% are returned for being defective. For each laser they manufacture, the company makes $204 in profit. However, when the product is defective, it costs the company $1340 (in shipping refunds, repair, etc). How much can the company expect to make (or lose!) each time they sell a laser?