Question

QUESTION 1

1. Draw me the probability tree showing the following game.
   Upload a picture of your response (I need it to be legible).
   On this page, calculate the expected return of your Stage 2 result.
   
   
   Stage 1:
   In this game first draw from a N(3,10).
   
   Then in Stage 2:
   If Stage 1 is negative, then draw from N( 3.2 , 6 )
   If Stage 1 is positive, then draw from U(2, 6.5)

QUESTION 2

1. Draw me the probability tree showing the following game.
   Upload a picture of your response (I need it to be legible).
   On this page, calculate the expected return of your Stage 2 result.
   
   Stage 1:
   In this game first roll a d6.
   
   Then in Stage 2:
   If Stage 1 is 1 or 4, then roll a d10.
   If Stage 1 is 2 or 3 or greater than 4, then roll a d6 and add 2.

QUESTION 3

1. Suppose stocks are distributed with gains g~N(0.01, 0.02). What is the probability they are going to have positive gains 3 days in a row?

Answer 1