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粉红豹 · 2018年10月01日

问一道题:NO.PZ2017092702000082 [ CFA I ]

问题如下图:

    

选项:

A.

B.

C.

解释:


老师,我不是用的排列,用的组合,做对了。

我认为答案中的方法,以及刘哲源助教的讲解把问题搞复杂了。

我是这么做的:

问题问的是“有四年超越基准”或“5年超越基准”,因为样本是next 5年,也就是5年数据,因此我们就是把“4年超越基准”的概率求出来,“5年连续超越基准”的概率求出来,相加即可。

1、4年超越基准,即有一年不超越基准,从5年里面挑出一年不超越,其他纪念超越基准,即5*0.6^4 * 0.4^1 =0.2592

2、5年连续超越基准,即0.6^5=0.0778

相加即得答案。

1 个答案

菲菲_品职助教 · 2018年10月02日

你这样算也是可以的哦。但其实你的做法和答案中的做法本质是一样的。答案中也是用的组合,不是排列。

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NO.PZ2017092702000082 问题如下 A portfolio manager annually outperforms her benchmark 60% of the time. Assuming inpennt annutrials, whis the probability thshe will outperform her benchmark four or more times over the next five years? A.0.26 B.0.34 C.0.48 B is correct.To calculate the probability of 4 years of outperformance, use the formulp(x)=P(X=x)=(nx)px(1−p)n−xp{(x)}=P{(X=x)}={(\begin{array}{c}n\\x\enarray})}p^x{(1-p)}^{n-x}p(x)=P(X=x)=(nx​)px(1−p)n−x Using this formula to calculate the probability in 4 of 5 years, n = 5, x = 4 anp = 0.60. Therefore, p(4)=5!(5−4)!4!0.64(1−0.6)5−4=(120/24)(0.1296)(0.40)=0.2592p{(4)}=\frac{5!}{{(5-4)}!4!}0.6^4{(1-0.6)}^{5-4}={(120/24)}{(0.1296)}{(0.40)}=0.2592p(4)=(5−4)!4!5!​0.64(1−0.6)5−4=(120/24)(0.1296)(0.40)=0.2592p(5)=5!(5−4)!5!0.65(1−0.6)5−5=(120/120)(0.0778)(1)=0.0778p{(5)}=\frac{5!}{{(5-4)}!5!}0.6^5{(1-0.6)}^{5-5}={(120/120)}{(0.0778)}{(1)}=0.0778p(5)=(5−4)!5!5!​0.65(1−0.6)5−5=(120/120)(0.0778)(1)=0.0778The probability of outperforming 4 or more times is p(4) + p(5) = 0.2592 + 0.0778 = 0.3370 计算outperform四次的公式如下5C4*0.6^4为什么不是后面乘以5C1(1-0.6),而是只乘以1(1-0.6)

2023-08-16 02:49 1 · 回答

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2023-04-19 19:19 1 · 回答

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2022-07-19 07:25 1 · 回答

老师您好,看不太懂答案,可以一下具体解题步骤和计算器步骤吗?

2020-05-17 15:54 1 · 回答

不懂公式,尤其是感叹号那块儿,求讲解,以及如何一步一步的按计算器,以及困扰了两天了。谢谢!

2019-12-25 00:09 2 · 回答