Thanks Shakti, exactly right. 125 * 0,05 = 6,26. I see now how David had written it. Just looked sooo backwards. Not going via 6,25 there got me.... .-P
Sorry to be nit picking here but when trying to grasp the concepts it can be tough with mathematical errors in the solutions. In the same Miller Ch2 video there is an example on Bayes Theorem where we are asked to calculate the Probability ( Neutral Economy | Constant Stock Price ) .
Have you...
Hi, I struggled with this one too, but I think in the end the problem for me sat in the solution presented which i think has a typo...
300.2. D. $3.158 As f(x) = 3/125*x^2, F(x) = 3/125*(1/3)*x^3 = p, such that: p = F(x) = (3/125)*(1/3)*x^3 = x^3/125, solving for x: x = (125*p)^(1/3) =...
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