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A candy company claims that 20% of its plain candies are orange, and a sample of 200 such candies is randomly selected. Find the mean and the standard deviation for the number of orange candies in such groups of 200.
Statistics and Probability, Statistics
A project has an initial outlay of $2,034. It has a single cash flow at the end of year 6 of $4,743. What is the internal rate of return (IRR) for the project? Round the answer to two decimal places in percentage form.
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 ...
Could someone help with my homework question? Recovery time for knee surgery patients that do physical therapy three times per week on average is 16.3 weeks with a standard deviation of 2.4. A physical therapist believes ...
Question: You are throwing a party and fill a bowl with 63 ounces of punch. Suppose the expected size of each cup of punch is 2 ounces and the standard deviation of the size of a cup of punch is A ounce and each cup is p ...
A coffee manufacturer is interested in the mean daily consumption of regular-coffee drinkers and decaffeinated coffee drinkers. The random sample of 50 regular-coffee drinker show a mean of 3.84 cups per day. A sample of ...
What is the annual yield to maturity (YTM) of a 10-year bond, $1000 par, 8% coupon paid semi-annually, currently selling for $975?
A single person with a monthly taxable income of $2800 in the 15% federal marginal bracket, has a state tax rate of 7.95% and social security taxes at 6.2%. This person forgoes consumption and instead places $230 into a ...
A sample of 100 people is classified by gender (male/female) and by whether they are registered voters. The sample consists of 80 females and 20 males, and has a total of 60 registered voters. If these data are used for ...
A firm requires an investment of $18,000 and will return $26,000 after one year. If the firm borrows $10,000 at 8% what is the return on levered equity?
Consider the study of two insect populations at two experimental stations. At station A, the egg hatch rate (computed from a set of 100 eggs at a time) is known to follow approximately a normal distribution with mean 62% ...
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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