There are 10,000 mutual fund managers. 22 claim that they are the best, since their fund beat the relevant index every year for 7 years. However, you think that markets are efficient and that the average fund manager is as likely to deliver a better performance than the index as to underperform the index, before fees.
Part 1 | Attempt 1/10 for 10 pts. What is the probability that the average single fund managers beats the index 7 years in a row (before fees)? 4+ decimals
Part 2 | Attempt 1/10 for 10 pts. How many fund managers would you expect to beat the index 7 years in a row if only luck and no skill was involved? No decimals

Answers

Answer 1

Answer:

Part A:

Probability that average single manager beat the index= [tex](0.5)^7=0.0078125=0.0078 (4\ decimals)[/tex]

Part B:

Fund Managers to beat index 7 years=78.125≅78 managers.

Step-by-step explanation:

Part A:

Given data:

Since there are equal chances for delivering equal better performance and of under performance so

Probability of better performance =0.5

Required:

Probability that the average single fund managers beats the index 7 years in a row (before fees)=?

Solution:

Since there is 7 year index:

Probability that average single manager beat the index= [tex](0.5)^7=0.0078125=0.0078 (4\ decimals)[/tex]

Part B:

Given Data:

Number of mutual fund managers=10,000

Probability that average single manager beat the index= 0.0078125 (Calculated in part A)

Required:

How many fund managers would you expect to beat the index 7 years in a row if only luck and no skill was involved?

Solution:

Fund Managers to beat index 7 years=Total number of managers*probability  average single member beat the index

Fund Managers to beat index 7 years=10,000*0.0078125

Fund Managers to beat index 7 years=78.125≅78 managers.


Related Questions

What are the numerical measures of each angle
in the diagram?
<1and <3 measure
degrees
<2 and <4 measure
degrees.
(3x - 1)
1
3
2
(2x + 9)

Answers

Answer:

angle 1 and 3 are equal by vertically opp. angle

3x-1 = 2x +9

3x-2x = 9+1

x = 10

put the value of x in any equation

3(10)-1 = 29

angle 1 = angle 3 = 29

angle 2 + angle 3 = 180 ° (linear pair)

angle 2 = 180 -29

angle 2 = 149

angle = angle 3 = 149.

Hope it helps

I need help with this question thx​

Answers

Answer: -5x^3 + 5y^3

Step-by-step explanation: The other parts cancelled out

Answer:

= -5x³ + 5y³

Step-by-step explanation:

4y³ - 5x³ - 1 - 4y³ - 6 + 7 + 5y³

= -5x³ + (4y³ - 4y³ + 5y³) + (- 1 - 6 + 7)

= -5x³ + (0 + 5y³) + (- 7 + 7)

= -5x³ + 5y³

Find all solutions by factoring.
4v2 - 25v = 21

Answers

Answer:

(4v + 3) and (v - 7)

Step-by-step explanation:

First rewrite 4v2 - 25v = 21 as 4v^2 - 25v - 21.

Let's now analyze -25v and -21.  We need to identify two integers whose product is 21 and whose sum is -25.  

Note that factors of -21 are ±1, ±3, ±7 and ±21.  Factors of 4 (the coefficient of v^2) are ±1, ±2 and ±4.

Check out the following trial factors:   (4v + 3) and (v - 7).  Does this product come out to the given 4v^2 - 25v - 21?  Yes.   So the desired factors of 4v2 - 25v = 21 are (4v + 3) and (v - 7).  Note how (3)(-7) = -21 and how 4(-7) + 3v add up to -25, the coefficient of the v term.

Round 24,619,746 to the nearest hundred

Answers

Answer:

2,461,974

hope this helped

Answer:

[tex]24,619,700[/tex]

Step-by-step explanation:

[tex]24,619,746[/tex] to the nearest hundred

In the hundreds, it says 746. Since 46 is close 0, the answer would be [tex]24,619,700[/tex]. If the number was greater than 5 it answer would have been [tex]24,619,746[/tex] . But the number is 46. So that means your answer is

[tex]24,619,700[/tex]

Hope this helps!

I need some help on this

Answers

Answer:

When we are multiplying the same number, let it be n, m times, what we do is:

[tex]n^m[/tex], where n is the base and m the exponent.

In this case we have 4 fives, 2 threes, 3 x and 1 y which are being multiplied , so we can convert them to exponents:

4 fives: [tex]5^4[/tex]

2 threes: [tex]3^2[/tex]

3 x: [tex]x^3[/tex]

1 y: y

Then we multiply all: [tex]5^4*3^2*x^3y[/tex]

The temperature was 3* C on Monday and was 7,5 degrees lower the next day. What
was the temperature on Tuesday?

Answers

Answer:

-4.5°c

Step-by-step explanation:

The 1-inch diameter pizza bite for $1 or the 10 inch diameter pizza for $10

Answers

Answer:

both same if we see. the one inch also costs l dollar wheras 10 dollar costs 10 inch. ok

Answer:

10in pizza

Step-by-step explanation:

We need to find the area of each pizza.

A = [tex]\pi[/tex][tex]r^{2}[/tex]

radius is 1/2 the diameter.

1in pizza                                    10in pizza

A = [tex]\pi[/tex]([tex].5^{2}[/tex])                                    A = [tex]\pi (2.5^{2} )[/tex]

A = .25[tex]\pi[/tex]                                     A = 6.25[tex]\pi[/tex]

A = .79                                        A = 19.63

                                                   19.63/10 for [tex]in^{2}[/tex] per $1

So the 1in pizza bite is $1 for .79[tex]in^{2}[/tex]  and we can see from the 10in pizza it's $1 for 1.96[tex]in^{2}[/tex]. So it is much better to get the 10in pizza.

English
py a Whole Number
1
Emma and her 3 friends were thirsty, so she shared
2
gallon of lemonade equally among 4 people. How
much lemonade did each person get?
=4 =
2

Answers

Answer:

1/8

Step-by-step explanation:

on edgenuity

Caleb brought groceries and paid $1.60 in sales tax. The sales tax rate is 2.5%. What was the price of caleb’s groceries, before tax?

Answers

Answer:

$64

Step-by-step explanation:

We can set up a percentage proportion to find the value Caleb's groceries before tax.

[tex]\frac{1.60}{x} = \frac{2.5}{100}[/tex]

We can cross multiply to find the value of x.

[tex]100\cdot1.60=160\\\\160\div2.5=64[/tex]

So the original cost before tax was $64.

Hope this helped!

Answer:

$1.64

Step-by-step explanation:

We need to find the before tax price so let that be x

100-2.5% = 97.5% (since this is the reduction before the sale)

Turn this percentage into a decimal so 0.975

To find x we must remember this price multiples 0.975 to give us $1.60

x * 0.975 = 1.60

x = 1.60 / 0.975

x = 1.64 (2dp)

25 points!!! Please help but DON'T give an answer pls Am i right?

Answers

I dont think so lol try drawing it out a translation is the same shape or point but in another quadrant either over the x axis or y axis

Solve the inequality z−18≥−23 and write the solution in interval notation, using improper fractions if necessary

Answers

Answer: [-5,∞)

Step-by-step explanation:

z-18 ≥ -23     Add 18  to both sides

 +18   +18

z ≥ -5    

Which means x has to be greater than negative 5.

In interval notation it will be [-5,∞)

Answer:

z ∈ [-5; +∞)

Step-by-step explanation:

z - 18 ≥ - 23

<=> z ≥ 18 - 23

<=> z ≥ -5

----> z ∈ [-5; +∞)

Need help with this math problem please!!

Answers

Answer:

The domain of a function is the set of numbers for which the function is defined.

Here, this function has values of number from -1 to +3

therefore, it's domain is [-1,3]

The range is the set of results of a function

here, this function ranges between -5 to +4

therefore, its range is [-5,4]

I am 1 Brainly away from Virtuoso, help if you find this answer helpful

The golfer with the highest score in a tournament was nine over par. The golfer with the lowest was five below par. What was the range in golf scores?

Answers

Answer: The range in golf scores was 14.

Step-by-step explanation:

Range = Maximum - minimum

Values above some limit are represented by positive integers whereas values blow a certain limit is represented by negative numbers.

Given: The golfer with the highest score in a tournament was nine over par i.e. (9). The golfer with the lowest was five below par i.e. (-5 ).

So, the range in golf scores =  9-(-5)

=  9+5

= 14

Therefore, the range in golf scores was 14.

PLS HELP
oceans     1.4 × 1021kg

crust      2.6 × 1022kg

atmosphere   5.1 × 1018kg

mantle     4.043 × 1024kg

outer core   1.835 × 1024kg

inner core   9.675 × 1022kg

What is the order, from least to greatest, of the masses of each part of Earth? Order the parts from least to greatest, with 1 being the smallest mass and 5 the greatest mass.

1. Atmosphere

2.
3.
4.
5.
6.
whats the answer pls

Answers

Answer/

Step-by-step explanation:

Atmosphere OceansCrust Inner CoreOuter CoreMantle

Look at the powers of each x10. The bigger the power, the bigger the mass. Of two are in the same order, you look at the number next to it.

The ascending order from least to greatest is

Atmosphere - 5.1 × 10¹⁸ kg

Oceans - 1.4 × 10²¹ kg

Inner core - 9.675 × 10²² kg

Crust - 2.6 × 10²² kg

Outer core - 1.835 × 10²⁴ kg

What is Ascending Order?

When numbers are arranged in ascending order, they are done so from least to largest. We must first compare the numbers before we may arrange them in any order. Compare first, then order. Numbers arranged in ascending order: Determine how many digits each number has.

Given data ,

Let the masses of each part of the Earth be

oceans     1.4 × 1021kg

crust      2.6 × 1022kg

atmosphere   5.1 × 1018kg

mantle     4.043 × 1024kg

outer core   1.835 × 1024kg

inner core   9.675 × 1022kg

And , arranging them in ascending order , we get

Atmosphere - 5.1 × 10¹⁸ kg

Oceans - 1.4 × 10²¹ kg

Inner core - 9.675 × 10²² kg

Crust - 2.6 × 10²² kg

Outer core - 1.835 × 10²⁴ kg

Hence , the arranging order is solved

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#SPJ3

Which is the correct label for the angle?
А
C
B

Answers

Answer:to what ?

Step-by-step explanation:

Answer:

acb

Step-by-step explanation:

An equation is shown below:
4(x-3) - 5(x + 1) = 3
Which statement shows a correct next step in solving the equation? (1 point)

Answers

X=-20 I’m straight forward with my answers

There are three bells that ring at different intervals. The first bell rings every 6 minutes, the second
bell rings every 7 minutes, The third bell rings 9 minutes. If all the bells ring together at noon, at what
time will they next all ring together?

Answers

Answer:

2:06

Step-by-step explanation:

You just need to find the Least Common Multiple of the 3 numbers. In this case it was 126 which if those are minutes that would mean 2 hours and 6 minutes.

Given these scores 31, 32, 32, 33, 34, 35, 35, 35, 35 what is the median and mode

Answers

The mode is 35
The median is 34

Which expression is equivalent to 12x+(−7)−214x−(−2)?

Answers

Answer:

[tex]-(202x+5)[/tex] is the equivalent expression

Step-by-step explanation:

Given the following expression

[tex]12x+(-7)-214x-(-2)[/tex]

We are expected to find and re-write the expression such that it equals the given expression

We proceed by opening all brackets and work operations on signs

[tex]12x-7-214x+2[/tex]

collecting like terms we have

[tex]12x-214x-7+2\\\\-202x-5[/tex]

we can further re-write the new expression as

[tex]-(202x+5)[/tex]

Answer:

(23/454/7)(-324)

Step-by-step explanation:

1. Explain the process for combining like terms for 12x - 3y + 8 - 5x + 4y

Answers

Answer: 7x+y+8

Step-by-step explanation:

Combining like terms is just like what it sounds. You take the like terms, or terms that have the same variables and such, and add them together.

For this problem, we can see that 12x and -5x are like terms because they both consist of a numerical coefficient and the variable x.

We can see that -3y and 4y are like terms because they both have a numerical coefficient and y for variable.

Now, we can combine like terms.

12x-3y+8-5x+4y                     [combine like terms]

7x+y+8

What is the prime factorization of 40?

2×5

2x20

2х2х2×5

2x2x4x5​

Answers

Answer:

2x2x2x5 is your answer

Step-by-step explanation:

40 is a composite number. 40 = 1 x 40, 2 x 20, 4 x 10, or 5 x 8. Factors of 40: 1, 2, 4, 5, 8, 10, 20, 40. Prime factorization: 40 = 2 x 2 x 2 x 5, which can also be written 2³ x 5.

I hope this helps you.

Answer:

2х2х2×5

Step-by-step explanation:

In the past, 75% of the tourists who visited Chattanooga went to see Rock City. The management of Rock City recently undertook an extensive promotional campaign. They are interested in determining whether the promotional campaign actually increased the proportion of tourists visiting Rock City. The correct set of hypotheses is:________.A) H0: P > 0.75 Ha: P 0)75B) H0: P < 0.75 Ha: P 0)75C) H0: P 0)75 Ha: P < 0.75D) H0: P 0)75 Ha: P > 0.75

Answers

Answer:

a

Step-by-step explanation:

a 9-foot roll of waxed paper costs $2.16. What is the price per inch?

Answers

Answer:The answer is $0.24

Step-by-step explanation:divide 2.16 by 9

Given that events A and B are independent with P(A) = 0.4 and P(B) = 0.25,
determine the value of P(A and B), rounding to the nearest thousandth, if
necessary

Answers

Answer:

0.1

Step-by-step explanation:

To do this you would just multiply 0.4 and 0.25 which would get you 0.1

I enter the garden. There are 34 people. You hug 30. How many people are in the garden.

Answers

Answer:

34

Step-by-step explanation:

There are 34 people in the garden prior to the time I joined them.

So when I entered the garden, the total number of people in the garden will be:

34 + 1 = 35 people

Let assume, you as the reader was part of the people in the garden and you hugged 30 people. That doesn't add up or increase the number of people in the garden.

At the end of the day, the number of people you did not hug is:

35 - 30 - 1(you)

= 35 - 31

= 4 people

Therefore, we can conclude that there are 35 people present in the garden.

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If x and y are consecutive positive integers and x2 – y2 = 11, what is the value of y?
E. 1
F. 3
G. 5
H. 6

please provide explanation


Answers

Answer:

y = 5

Step-by-step explanation:

We khow that x and y are consecutive integers and that x^2 is greater than y^2 since x^2-y^2=11

● so x is greater than y

● wich means that x = y+1

● x^2-y^2=11

● (y+1)^2-y^2 = 11

● y^2+2y+1-y^2=11

● 2y + 1 = 11

● 2y +1-1 = 11-1

● 2y = 10

●2y/2 = 10/2

● y = 5

Is the product of fifteen negative integers positive or negative?

Answers

Answer:

the sign of the product of 15 negative numbers will be negative

Step-by-step explanation:

Heya mate!!

The product of odd numbers is odd and the product of even numbers is even.

so 15 is an odd number then the sign of product is odd

Hope this helps!!!

a car manufacturer claims that their car can get 32 miles per gallon minus the speed factor. thus caj be modeled by linear equatioj f (×) =33 -015x where f(×) represents the miles per gallon and x is the mph . what would be the predicted miles per gallon for a car going 60 mph using this equation?

Answers

Answer:

f(x) = 24 miles per gallon

Step-by-step explanation:

car manufacturer claims that their car can get 33 miles per gallon minus the speed factor

f (×) =33 -0.15x

For a car going 60 mph

f (×) =33 -0.15x

X=60 mph

f (×) =33 -0.15x

f(x) = 33-0.15(60)

f(x) = 33-9

f(x) = 24 miles per gallon

a bank tellers hourly wage will increase from $24 to $27.60. what percent increase does this represent?a stereo is marked down $105. if this is a 25% decrease, find the original price?

Answers

Answer:

i know

Step-by-step explanation:

but I don't have pen

Answer:

15$

Step-by-step explanation:

24.00 increased by 15% is 27.60

the increase is 3.60

so the answer is 15%

If g(x)=x^2+4x-5, find g(-4) PLEASE HELP

Answers

Answer:

-5

Step-by-step explanation:

g(x)=x^2+4x-5

g(-4)=(-4)^2+4(-4)-5

g(-4)=(-4)(-4)+(-16)-5

g(-4)=16-16-5

g(-4)=0-5

g(-4)=-5

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