View Full Version : Terribly confused-binomial distribution & profit

03-22-2010, 08:19 AM
Would someone kindly take a look at this problem? The link is to the book page in google books. (it is a long problem). I seem to have parts 1 and 2 figured out, but am completely stumped on part 6 and have no idea what to do though I've worked on it for hours, literally.
(I only have to do parts 1, 2, and 6).
Any help is greatly appreciated!