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A family has 5 children and 1 of them is a boy...the percentage of boy is 1/5, or .020. Do you think one could say the chances of any woman having a boy would be 1/5? Explain your answer.
Statistics and Probability, Statistics
If a study was done to measure the total brain volume of patients that had schizophrenia and also of patients that are normal. Table 1 has the total brain volume of the normal patients and table 2 has the total brain vol ...
A calculus student takes a 20 question multiple choice test with five answer choices for each question. Find the probability of getting atleast 70 percent of the question correct? Suppose a family has 5 children and that ...
Suppose that you sample 59 high school baseball pitchers in one county and find that they have a mean fastball pitching speed of 80.00 miles per hour (mph) with a standard deviation of 4.98 mph. Find a 95% confidence int ...
What steps do I take to calculate "Suppose x has a distribution with a mean of 40 and a standard deviation of 28. Random samples of size n = 64 are drawn. (the - next to the x indicates that the - is over the x in the qu ...
You have observed the following returns over time: Year BMG Market 1990 18% 13% 1991 4% 8% 1992 -12% 3% 1993 16% 10% 1994 18% 11% What is the beta for BMG?
Two companies make instruments for bands. Company A's product has a lifespan of 5 years and a standard deviation of 15 months. Compny B's product has a mean lifespan of 5 years and a standard deviation of 3 months. Which ...
You play the following game against your friend. You have 2 urns and 4 balls. One of the balls is black and the other 3 are white. You can place the balls in the urns any way that you'd like, including leaving an urn emp ...
In a specific sample size of 100, what is the range within the groups average iron level would be considered ususal? Using the Central Limit Theorem and the Empirical Rule
The average price of a television on a certain Web site is ?$760. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$190. Complete parts a through d below. What is the pr ...
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?
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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