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About 13% of the population is hopelessly romantic. If two people are randomly selected, what is the probablity both are hopelessly romantic?
Statistics and Probability, Statistics
A researcher wants to determine if there is a relationship between media outlet (social media, newspapers, and radio) and interest in media by population group (youth, young adults, and older adults). What type of statis ...
Elle Mae Industries has a cash balance of $59,000, accounts payable of $195,000; inventory of $235,000; accounts receivable of $295,000; notes payable of $219,000; and accrued wages and taxes of $49,000. How much net wor ...
The population standard deviation for the height of high school basketball players is 2.3 inches. If we want to be 95% confident that the sample mean height is within 0.5 inch of the true population mean height, how many ...
We have a normal distribution with a mean of 71 and a standard deviation of 11 What is the Z value of the value 62? Round to three decimal digits. show workings please
A production system has two spares of a critical component that have average uptime 1/lamba = 1 month. Find the probability that the 3 components (the operating one and the two spares) will last more than 6 months. Assum ...
An investor considers investing $10,000 in the stock market. He believes that the probability is 0.30 that the economy will improve, 0.40 that it will stay the same, and 0.30 that it will deteriorate. Further, if the eco ...
What steps do I take to calculate :the personnel office at a large electronics firm regularly schedules job interviews and maintains records of the interviews. From the past records, they have found that the length of a ...
A random sample of the closing stock prices in dollars for a company in a recent year is listed below. Assume that sigma σ is ?$2.59. Construct the 90?% and 99?% confidence intervals for the population mean. Interpret th ...
50% of the cars in a dealer lot are red, 20% are black, and 16% are white. The remainder are some other unspecified color. Salespersons randomly shows three cars to three different customers. What is the probability the ...
Jennifer's broker has shown her two options in the securities market for investment. Security one is a bond of par value of $1,000. The bond has a coupon interest rate of 11% paid annually maturing in seven years, with y ...
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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