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A professor would like to utilize the normal distribution to assign grades such that 5% of students receive A's. If the exam average is 62 with a standard deviation of 13, what grade should be the cutoff for an A?
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Bond A is a 1-year zero-coupon bond. Bond B is a 2-year zero-coupon bond. Bond C is a 2-year 10% coupon bond that pays annually. The yield to maturity (annually compounded) on bond A is 10%, and the price of bond B is $8 ...
In a recent year, 8,415,394 male students and 4,879,215 female students were enrolled as undergraduates. Receiving aid were 62.9% of the male students and 68.3% of female students. Of those receiving aid, 41.9% of the ma ...
A company designs a new laptop computer and wants to investigate customers' preferences with respect to three select laptop features. The features are Price (High vs. low) Processor Speed (Low vs. medium vs. high) Weight ...
How does a firm navigate strategic management in the context of an international environment? What complications does an international environment provide? What are the benefits of operating in an international environme ...
According to a Pew Research Center poll, 22% of adult Americans have contributed to an online fundraising project. A random sample of 100 adults is selected. Let the random variable X be the number of adult Americans who ...
Let X be a random variable with range RX = {-1, 0, 1} and let P(X = 1) = P(X = -1) = p/2 for some p ∈ [0, 1]. a) Compute P(X = 0). b) Compute the expectation E[X] and variance Var(X) of X as a function of p, and determin ...
Lisa Anderson expects to need $80,000 for a down payment on a house in six years. How much would she have to invest today in an account paying 7.25 percent in order to have $80,000 in six years? (Round answer to 2 decima ...
Three airlines serve a small town in Ohio. Airline A has 49% of all scheduled flights, airline B has 27% and airline C has the remaining 24%. Their on-time rates are 83%, 62%, and 39%, respectively. A flight just left on ...
Monthly water bills for a city have a mean of $108.43 and a standard deviation of $36.98. Find the probability that a randomly selected bill will have an amount greater than $165, which the city believes might indicate t ...
Calculate the WACC given the following assumptions: a. Company tax rate is 40%. b. Company has an outstanding bond issue with a 6-7/8 coupon, market price of 102-5/8 (percent of 100% par, in 32nds), semiannual coupon pay ...
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