SYM 506 Grand Canyon Week 3 Complete Work




SYM 506 Grand Canyon Week 3 Complete Work


SYM 506 Grand Canyon Week 3 Discussion 1

Assume the financing gurus of a weekend investment television program predicted a 50% chance of XYZ stock gaining in January and a 50% chance of gaining in February. Your financial advisor sees this and tells you there is a 100% chance XYZ stock will gain over the 2-month period. Would you continue to use this financial advisor? Explain.


SYM 506 Grand Canyon Week 3 Discussion 2

Marie claims she can predict the sex of pregnant women’s babies. She sees 1,000 women a year, and she always predicts a female. She charges $1,000 for a prediction, and she always predicts a female (although clients do not know that). When she is wrong, she offers a double-your-money back guarantee. Since the chance of having a female is approximately 50%, how can she earn any money?

SYM 506 Grand canyon Week 3 Assignment Problem Set 3


Complete exercises 4 .3, 4 .9, 4 .15, 4 .19, 4 .23, 4 .26, and 4 .61 (parts a, b, c and d only) in the textbook.

For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output; this information is needed in order to receive full credit on these problems.

Submit output in one Excel file.

You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin.

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