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SOLVED: The current foreign exchange rate is USD 1 = Php 45. Assumingthat the probability that the rate will be 1 USD = Php 40 is 0.7,and the probability that it will be USD 1= Php 46 is 0.2, theprobability that it will remain the same is 0.1. What is theexpected foreign exchange rate rate? (Average)

SOLVED: The current foreign exchange rate is USD 1 = Php 45. Assumingthat the probability that the rate will be 1 USD = Php 40 is 0.7,and the probability that it will be USD 1= Php

VIDEO ANSWER: The formula for the Z score is x minus nu and sigma. The excess Rose Bowl score is 55712. 45691 is equal to the mean. There is a standard deviati…

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