This document contains solutions to various questions related to duty migration table, probability calculations, expected payoff, graphing daily returns, Pearson's correlation coefficient, advertising spending and sales, modeling and assumptions, and Fréchet distribution.

AFIN270 Assignment

Answer the questions given below to the best of your ability, either hand-written or typed. Convert your answers into PDF format and submit using the “Submit Assignment” link on iLearn.

Calculate the probability of not patrolling the battlements in the next 2 weeks and find the expected payoff for a guard. Graph daily returns and state the correlation coefficient. Analyze advertising spending and sales correlation. Model monthly returns using a Fréchet distribution and calculate the probability

Duty Migration Table - Desklib

Duty Migration Table

This document provides a duty migration table containing the probabilities for different assignments. It also includes calculations for the probability of not patrolling the battlements and the expected payoff for a guard. The document also includes a graph of daily returns and calculations for Pearson's correlation coefficient. Additionally, it includes a graph of advertising spending against sales and calculations for the correlation between the two. Finally, it discusses a model for annual sales based on advertising spending and assumptions for the error term. The document concludes with a calculation using a Fréchet distribution for monthly returns.

Statistics and Probability

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Duty Migration Table

Duty Migration Tablelg...

Desklib Study Material and Solved Assignmentslg...

Duty Migration Table

Desklib Study Material and Solved Assignments