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A company is creating 5 new divisions and 8 managers are eligible to be appointed head of a division. With 8 managers trying for 5 jobs, how could the five new heads be arranged?
Statistics and Probability, Statistics
If no payments are made, a loan of amount $44000 would increase to $49103.89 after 2 years of monthly compounding interest. If instead, payments of $718.87 are made at the end of each month, how many years would it be un ...
How do you solve the following problem: Consider the experiment of drawing two cards from a deck in which all picture cards have been removed and adding their values with ace = 1. What is the probability of obtaining a t ...
European bonds pay coupons annually, while U.S. bonds pay coupons semiannually. If the coupon rate on a European bond is 12% (annual coupons), what is the comparable coupon rate for a U.S. bond (semiannual coupons) assum ...
The National safety council reported that 52% of American turnpike drivers are men. A sample of 300 cars traveling southbound on the New Jersey Turnpike yesterday revealed that 170 were driven by men. At a 99% level of c ...
Let x = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of x was approximately σ 2 = 5.1. Suppose a recent study of age at first marriage for a rand ...
Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...
In a single? season, an average of 2.4 home runs were hit per game. Assume the number of home runs per game follows the Poisson distribution. ?a) What is the probability that 6 home runs will be hit in a randomly selecte ...
As parts come off a production line they are stored in trays capable of holding 30 parts each. If the average tray contains 6 defective parts and you sample only 1 part from each tray, what is the probability that the pa ...
Your company's revenues were $3 million this year. You paid out $500,000 in salaries and your only other cash outflow was the purchase of a piece of construction equipment for $1 million that is to be depreciated to a ze ...
Suppose it is known that the response time of healthy subjects to a particular stimulus is a normally distributed random variable with a mean of 15 seconds and a variance of 16. What is the probability that a random samp ...
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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