Hot Student Stories
top-5-grammar-and-spelling-checkers-to-rock-in-2019

An investment firm offers its customers municipal bonds that mature after varying numbers of years. Given that the cumulative distribution function of T, the number of years to maturity for a randomly selected bond, is

Chelsea Hayes

in Business

follow
followin
1 answer
5 views

1 answer


Chelsea Hayes on October 22, 2018

We are given the function below, as a complement of the data and asked for the value of P(T=5), P(T>3), and P(1.4 < T <6). 1. P(T=5) = F(5) −F(4) = 0.75−0.5 =0.252. P(T>3) = 1−F(3)=1-0.5=0.53. P(1.4


Add you answer