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A rectangular field has to be formed with a given total fence length of P meter of fence material. Find the dimensions of the rectangle which will maximize the fenced area.
Statistics and Probability, Statistics
We would like to estimate the true average age of customers for a particular company. How large would the sample size need to be for the margin of error (based on 95% confidence) to be 1 year? Suppose that, based on prev ...
Confidence intervals (CI) are one of the simpler forms of inferential statistics. What does the CI represent? And why does our knowledge of the Central Limit Theorem (CLT) and the empirical rule let us understand why the ...
Cardinal Industries had the following operating results for 2018: Sales = $33,813; Cost of goods sold = $23,967; Depreciation expense = $5,947; Interest expense = $2,685; Dividends paid = $1,951. At the beginning of the ...
1) i. Which of the following characterizes a market order? a) A market order, which is considered a small order, is when 100 shares of a stock are ordered b) A market order is when the investor specifies the maximum pric ...
1) Suppose a? seven-year, $1,000 bond with a 7.9% coupon rate and semiannual coupons is trading with a yield to maturity of 6.66 % i. Is this bond currently trading at a? discount, at? par, or at a? premium? Explain. ? ...
Next time you see an elderly man, check out his nose and ears! While most parts of the human body stop growing as we reach adulthood, studies show that noses and ears continue to grow larger throughout our lifetime. In o ...
Suppose it is known that the response time of healthy subjects to a particular stimulus is a normally distributed random variable with a mean of 15 seconds and a variance of 16. What is the probability that a random samp ...
In a random sample of 50 ?refrigerators, the mean repair cost was ?$146.00 and the population standard deviation is ?$17.80. Construct a 90?% confidence interval for the population mean repair cost. Interpret the results ...
Should you perform a log transformation on a categorical (nominal) variable, or can you only do that for continuous variables?
A company that sells annuities must base the annual payout on the probability distribution of the 2) length of life of the participants in the plan. Suppose the probability distribution of the lifetimes of the participan ...
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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