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18 people were poled and 10 said they have shopped at Wal-Mart and 8 said they have shopped at Target. 4 said they shopped at both. What is the probability that the group shopped at Wal-Mart or Target?.
Statistics and Probability, Statistics
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Question: 1. Assume you have noted the following prices for paperback books and the number of pages that each book contains. Develop a least-squares estimated regression line. i. Compute the coefficient of determination ...
You have just leased a car that has monthly payments of $365 for the next 4 years with the first payment due today. If the APR is 6.84 percent compounded monthly, what is the value of the payments today?
A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares. What price shoukd the company expect its existing shares shares to sell ...
On the production line the company finds that 99.7% of products are made correctly. You are responsible for quality control and take batches of 30 products from the line and test them. What number of the 30 being incorre ...
Please help with the below questions: Based on the following project assumptions, determine the NPV and the IRR for the project. Equipment invoice $300,000 Transportation and installation $ 85,000 Training $ 20,000 Proje ...
In general, a binomial distribution can be approximated well using a normal distribution only if
Question: In the example of the diamond in the cave, what would be efficient law if any one explorer had only a very small probability of finding the diamond? How would your answer change if the costs of exploration were ...
In a? pre-election poll, a candidate for district attorney receives 253 of 500 votes. Assuming that the people polled represent a random sample of the voting? population, test the claim that a majority of voters support ...
A company making refrigerators strives for the internal temperature to have a mean of 37.5 degrees with a standard deviation of 0.6 degrees, based on samples of 100. A sample of 100 refrigerators have an average temperat ...
The average height of young adult males has a normal distribution with standard deviation of 2.5 inches. You want to estimate the mean height of students at your college or university to within 0.6 inch with 93% confiden ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As