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The credit score of a 35 applying for a mortgage is normally distributed with a mean score of 600 and a standard deviation of 100. What credit score defines the top five percent of scores. Within what range would 85% of credit score fall.
Statistics and Probability, Statistics
Please explain which formula I should use to complete the following probability question: The probability that a family will buy a vacation home in Miami, malibu, or newport is 0.25, 0.10 and 0.35. What is the probabilit ...
The number of stomata (tiny openings) on the leaves of a particular mutant of Arabidopsis (a common experimental plant) is known to be approximately normally distributed with mean 75 and variance 49. What is the probabil ...
Medical researchers studying the effects of a low carb diet versus a normal diet randomly assigned obese patients to one of the two diets. The patients were followed up with after several months and the amount of weight ...
A coin is biased so that the probability of obtaining heads is ¾, What is the probability of obtaining at least three heads in four tosses of the coin?
A company is trying to beat the competition to market with a product. They have determined that if they get to market prior to November 1 they will have a revenue stream of $800,000. If they get to market between Novembe ...
The height of woman ages 20-29 is normally distributed , with a mean of 64.3 inches. assuming the standard diviation = 2.4 inches. are you more likely to randomly select 1 woman with a height less than 66.2 inches or are ...
Phillips owns 25 % of Mintor, Inc. (a private company). In 2007, Mintor had sales of $22,00,000, had net income of $82,000 and Mintor paid $32,000 in dividends. If Phillips uses the Equity Income method, what did Phillip ...
Researchers at the University of Pennsylvania School of Medicine have determined that children under 2 years old who sleep with the lights on have a 35% chance of becoming myopic before they are 16. Children who sleep in ...
Should you perform a log transformation on a categorical (nominal) variable, or can you only do that for continuous variables?
Many Raleigh, north Carolinian's owns one or more TVs. Below is a distribution of the number of TVs per house hold in Raleigh. Fill in the missing probability to make a valid discrete probability distribution or explain ...
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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