Statistics Solutions

[Solution] Suppose Bob owns 2,000 shares of Company X and 10,000 shares of Company Y. The total value of Bob's holdings of these two companies is $340,000.

Question: Suppose Bob owns 2,000 shares of Company X and 10,000 shares of Company Y.  The total value of Bob's holdings of these two companies is $340,000. Suppose Frank owns 8,000 shares of Company X and 6,000 shares of Company Y.  The total value of Frank’s holdings of these two companies is $340,000.

  1. Write equations for Bob and Frank's holdings.  Use the variables X and Y to represent the values of shares of Company X and Company Y.
  2. Solve for the value of a share of Company X and Company Y.

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in