Solve the Problem

question 47

Multiple Choice

Solve the problem. Be sure to make a diagram of the situation with all the given information labeled. A man wandering in the desert walks 2.5  miles in the direction  . He then turns  90° and walks 3.3 miles in the direction  . At that time, how far is he from his starting point, and what is his bearing from his starting point? Round the distance to one decimal place and the angle to the whole number. ​ ​

• A)The distance is 1.8 mi ; the man's bearing is .
• B)The distance is 4.1 mi ; the man's bearing is .
• C)The distance is 1.8 mi ; the man's bearing is .
• D)The distance is 4.1 mi ; the man's bearing is .
• E)The distance is 4.1 mi ; the man's bearing is .

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Definitions:

Expected Return

The anticipated profit or loss from an investment, taking into account the possibility of various outcomes.

Standard Deviation

A parameter that assesses the extent of difference or range within a batch of numerical values.

Risk-Averse Investor

An investor who prefers lower returns with known risks rather than higher returns with unknown risks.

Slope of the Budget Line

The rate at which one good can be traded for another, reflecting the relative prices of two goods.