Yesterday,you Entered into a Futures Contract to Buy €62,500 at $1.50

question 71

Multiple Choice

Yesterday,you entered into a futures contract to buy €62,500 at $1.50 per €.Suppose the futures price closes today at $1.46.How much have you made/lost?

• A)Depends on your margin balance.
• B)You have made $2,500.00.
• C)You have lost $2,500.00.
• D)You have neither made nor lost money,yet.

Understand the concept and computation of probabilities associated with the mean time until recharging for battery packs.

Differentiate between various sampling methods such as cluster sampling and stratified random sampling.

Determine the probability of sample means under normal distribution assumptions.

Apply the central limit theorem to understand the sampling distribution of sample means.

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