Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Oct 2017 My Price 6.00

near-retirees

  1. Investment advisors agree that near-retirees, defined as people aged 55 to 65, should have balanced portfolios. Most advisors suggest that the near-retirees have no more than 50% of their investments in stocks. However, during the huge decline in the stock market in 2008, 22% of near-retirees had 90% or more of their investments in stocks (P. Regnier, “What I Learned from the Crash,” Money, May 2009, p. 114). Suppose you have a random sample of 10 people who would have been labeled as near-retirees in 2008. What is the probability that during 2008
    1. none had 90% or more of their investment in stocks?
    2. exactly one had 90% or more of his or her investment in stocks?
    3. two or fewer had 90% or more of their investment in stocks?
    4. three or more had 90% or more of their investment in stocks?

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Oct 2017 09:10 PM My Price 6.00

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