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According to recent surveys, 58% of households have a personal computers. If a random sample of 159 is selected, what is the probability that more than 81 but fewer than 105 have a personal computer?
Statistics and Probability, Statistics
A coin is flipped five times in an experiment. If x is the number of heads that turn out in the experiment, what is the set of possible values of variable x?
In preparing a defense against a hostile takeover, a firm's management assesses the owners of both common and preferred stock with respect to their attitudes toward current management. Of 600 common stockholders, 322 rep ...
A few years ago, Simon Powell purchased a home for $250,000. Today, the home is worth $450,000. His remaining mortgage balance is $200,000. Assuming that Simon can borrow up to 70 percent of the market value, what is the ...
Consider the following cash flows: Year Cash Flow 0 -$5,900 1 2,000 2 2,700 3 1,500 4 900 What is the payback period for the above set of cash flows? In years
A Diamond can be classified as either gem qulaity or industrial grade. Suppose that 92% of diamonds are classified as industrial grade. Would it be unusual if atleast one of five randomly selected diamonds is gem quality ...
Owning a business, what do you see as the biggest challenge or challenges in developing a useful forecasting?
Based on college data, scores on a certain test can be seen as normally distributed that can show the mean of 1524 and a standard deviation of 318. What percentage of scores are greater than 1842 and if needed round to t ...
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
You invested $7,900 one year ago. Today it is worth $8,654.90. What annual rate of interest did you earn? [use annual compounding]
Jen and Barry get sued by "Ben & Jerry's" for trademark infringement. Jen and Barry lose, and they need a LOT of money. They decide to play Tennetucky's "Mega-6" lottery. They'll win the jackpot if they correctly choose ...
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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