An option to buy a stock is priced at $150. If the stock closes above 30 next Thursday, the option will be worth $1000. If it closes below 20, the option will be worth nothing, and if it closes between 20 and 30, the option will be worth $200. A trader thinks there is a 50% chance that the stock will close in the 20-30 range, a 20% chance that it will close above 30, and a 30% chance that it will fall below 20. Required:
a. Create a valid probability table.
b. How much should the trader expect to gain or lose?
c. Should the trader buy the stock? Explain.

Show algebraically that f and g are inverse functions f(x)=x^2/-6; g(x)=square root of 2x+12

The table shows population statistics for the ages of best actor and best supporting actor winners at an awards ceremony. the distributions of the ages are approximately bell-shaped. compare the z-scores for the actors in the following situation. best actor best supporting actor muequals42.0 muequals49.0 sigmaequals7.3 sigmaequals15 in a particular year, the best actor was 59 years old and the best supporting actor was 45 years old. determine the z-scores for each. best actor: z equals best supporting actor: z equals (round to two decimal places as needed.) interpret the z-scores. the best actor was (more than 2 standard deviations above more than 1 standard deviation above less than 1 standard deviation above less than 2 standard deviations below) the mean, which (is not, is) unusual. the best supporting actor was (less than 1 standard deviation below more than 1 standard deviation above more than 2 standard deviations below more than 1 standard deviation below) the mean, which (is is not) unusual.

Which situation can be modeled by the inequality 5 + 10w ≥ 45? a. you start with $5 and save $10 a week until you have at least $45. b. you start with 5 baseball cards and purchase 10 cards every week until you have at most 45 cards. c. you start with 5 water bottles and purchases cases of 10 water bottles each until you have a total of 45 water bottles. d. you spend $5 plus $10 per week until you have less than $45.