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Swinging Sammy Skor's Batting Prowess Was Simulated to Get an Estimate

question 39

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Swinging Sammy Skor's batting prowess was simulated to get an estimate of the probability that Sammy will get a hit. Let 1 = HIT and 0 = OUT. The output from the simulation was as
Follows. 100010010011100001111000011001111000001111\begin{array} { l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l } 1 & 0 & 0 & 0 & 1 & 0 & 0 & 1 & 0 & 0 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 1 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 1 & 1 & 0 & 0 & 1 & 1 & 1 & 1 & 0 & 0 & 0 & 0 & 0 & 1 & 1 & 1 & 1\end{array} Estimate the probability that he gets a hit.


Definitions:

P/E

Price-to-Earnings Ratio, a valuation metric used to measure a company's current share price relative to its per-share earnings.

Closing Price

The final price at which a security is traded on a given trading day.

Net Change

The difference in value or quantity of a financial instrument or index from the previous trading day's close to the current day's close.

Zero Growth Stock

A stock from a company which is expected to see no growth in dividends or earnings, typically offering high initial dividend yields.

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