The United Kingdom Forestry Commission reports that 43% of the 3.16 million hectares of woodland area
in the United Kingdom had certification identifying them as "sustainably managed" in 2016. Suppose an
employee took a simple random sample of 400 of the hectares and saw that the records showed that 47%
of the sampled hectares had that certification in 2016.
Assuming that the Forestry Commission's report is accurate, what is the approximate probability that
more than 47% of the sample would have had the certification in 2016?

56

step-by-step explanation:

126.66 m²

step-by-step explanation:

the pertinent area formula is a = πr², where r is the radius.

here, a = π(6.35 m)² = 40.32π, or approximately 126.66 m²

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

19

step-by-step explanation: