Fill in the order form to get the price

Subject

Category

Deadline

Timezone:

Title *

Task *

{"ops":[{"insert":"9. Terry is a typical investment advisor at BeatTheMarket.com. Each stock that Terry recommends outperforms the stock market average over the upcoming year with probability 0.5, independent of all other stocks and all other recommendations he or any other advisor makes."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"George is a good investment advisor at BeatTheMarket.com. Each stock that George recommends outperforms the stock market average over the upcoming year with probability 0.6, independent of all other stocks and all other recommendations he or any other advisor makes. BeatTheMarket.com gives you a list of 100 stocks that are all recommended by one of their two advisors. The company tells you that the list is equally likely to have come from Terry or from George."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"(b) Given that 60 or more of the stocks on the list outperform the market over the upcoming year, what\u2019s the probability that the list came from George. "},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"(Hint: use Bayes\u2019 rule)"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"}]}

I need basic explanations

Special Requirements

Upload files (if required)

Drop files here to upload

Add files...

Account info

Already have an account?

Name *

E-mail *

Password *

The password must be at least 6 characters.

I agree with terms & conditions