A Strip of Uniform Width Is to Be Cut Off

question 37

Multiple Choice

A strip of uniform width is to be cut off of both sides and both ends of a sheet of paper that is 13 inches by 10 inches in order to reduce the size of the paper to an area of 4 square inches. Find the width of the strip.

• A) 5.0 in.
• B) 3.5 in.
• C) 4.0 in.
• D) 4.5 in.

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Definitions:

Global Minimum Variance Portfolio

A portfolio strategy that seeks to minimize the total variance of portfolio returns, focusing on the lowest possible risk for a given set of securities without targeting specific returns.

Expected Rate of Return

The average return anticipated on an investment, based on historical data or probabilistic models.

Weights

In finance, the proportion of an asset or asset class in a portfolio, reflecting its importance or influence in the overall performance.

Standard Deviation

A measure of the dispersion or variability around the mean value of a set of data, often used in finance to gauge investment risk.