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A magazin reported that 6% of American drivers read the newspaper while driving. If 300 drivers ar selected, find te probability that exactly 25 say they read the newspaper while driving.
Statistics and Probability, Statistics
1) It appears that new car purchases have peaked in 2018 vs. used car purchases. The following probability distribution table shows the random variable x, where x is the number of new cars purchased by household during t ...
If net income in 2012 = $956, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $157 to $237 Gross fixed assets change fro ...
Five houses in a row are each to be painted with one of the colors? red, blue,? green, and yellow. In how many different ways can the houses be painted so that no two adjacent houses are of the same? color? Answer is 324 ...
A car gets involved in an accident 80% of the time if it is defective. If it is not defective, the probability reduces to 40%. 30% of all cars are defective. If a car is involved in an accident, what is the probability t ...
You ask your roommate to mail a letter for you. Suppose there is a 0.21 probability your roommate will forget to mail it. Should your roommate mail your letter, there is a 0.9 probability that Canada Post will deliver t ...
In a sample of 20 cups of coffee at the local coffee shop, the average temperature was 162.5 degrees with a standard deviation of 14.1 degrees. What would be the 95% confidence interval for the temperature of your cup of ...
1) The R-squared of a linear regression model is equal to the proportion of the variance of the target explained by a linear regression model. 2). The R-squared of a linear regression model is equal to the proportion of ...
You invested $7,900 one year ago. Today it is worth $8,654.90. What annual rate of interest did you earn? [use annual compounding]
You must choose between investing in Stock A or Stock B. You have already used CAPM to calculate the rate of return you should expect to receive for each stock given each one's systematic risk and decided that the expect ...
Robertson Steel is forecasting the following numbers: EBIT $1,000,000 Interest Expense 300,000 ROE 20% The company is in the 40 percent tax bracket. After putting together the forecast the ...
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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