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A random sample of 12 lunch orders at Noodles and Company showed a mean bill of $12.99 with a standard deviation of $4.6. Find the 98 percent confidence interval for the mean bill of all lunch orders.
Statistics and Probability, Statistics
(a) Suppose you purchase a 3-year zero-coupon bond with face value of $1000 and a price of $850. What is the bond's yield? If you hold the bond to maturity, what will be your effective annual return? (b) Now suppose you ...
You work in the quality control office for a company that manufactures fluorescent light bulbs. Your company offers a 4-year (1461 day) warranty on these bulbs. The average life span of your bulbs is 1600 days with a sta ...
1. Out-of-state tuition and fees at the top graduate schools of business can be very expensive, but the starting salary and bonus paid to graduates from many of these schools can be substantial. The following data show t ...
Mrs. Salmon agrees to repay a loan by paying $500 at the end of each month for 5 years. The first payment is due at the end of the 6th month from today and the remaining payments will continue for another 59 months. If t ...
Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year, of the 211,693 students who took the calcu ...
A survey is conducted from a population of people of whom 65?% have a college degree. The following sample data were recorded for a question asked of each person? sampled, "Do you have a college? degree?" Complete parts ...
Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...
The contents of a particular bottle of shampoo marked as 150 ml are found to be 153 ml at an average, with a standard deviation of 2.5 ml. What proportion of shampoo bottles contain less than the marked quantity? Assume ...
Vang Corp.'s stock price at the end of last year was $33.50 and its earnings per share for the year were $2.30. What was its P/E ratio?
What are the benefits of a country having a positive Current Account and what are the benefits of a country having a negative Current Account?
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