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40 numbers are rounded off to the nearest integer and then summed. If the individual round-off error are uniformly distributed over (-.5,.5) what is the probability that the resultant sum differs from the exact sum by more than 2?
Statistics and Probability, Statistics
You are offered the right to receive 3,000 per year? forever, starting in one year. If your discount rate is 3?%, what is this offer worth to? you? (round to the nearest dollar)
Estimate the proportion of people in various states that will use the courior services. Suppose the true proportion is 0.03. If 476 are sampled, what is the probability that the sample proportion will be less than 0.04?
Consider the following cash flows: Year Cash Flow 0 -$5,900 1 2,000 2 2,700 3 1,500 4 900 What is the payback period for the above set of cash flows? In years
Discuss two types of costs & two types of benefits(excluding tax shield and EPS) that would potentially arise from the leveraged recapitalization( a firm proposed a leveraged recapitalization which could create immediate ...
This table summarizes the results from along+termrandomized clinicaltrial to determine whether aspirin reduces the risk of heart attack. Researchers randomly assigned a large sample of healthy male physicians (22,071) ...
The probability of someone ordering the daily special is 52%. If the restaurant expected 96 people for lunch, how many would you expect to order the daily special?
The table to the right shows the results of a survey in which 2585 adults from Country A, 1116 adults from Country B, and 1064 adults from Country C were asked if human activity contributes to global warming. Complete pa ...
Assume that the fisherman can use between 5 and 8 lines. With 5 lines, the probability of a catch on each line is 0.71. With 6 this probability is 0.63, with 7 it is 0.51, and with 8 the probability is 0.43. 1) How many ...
In preparing a defense against a hostile takeover, a firm's management assesses the owners of both common and preferred stock with respect to their attitudes toward current management. Of 600 common stockholders, 322 rep ...
The number of accidents in a day in town A is given by X , and the number of accidents in a day in town B is given by Y . The joint probability function for X and Y Y is f ( x , y )=964 x ! y ! for x =0,1,2,3 an ...
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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
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Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
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