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Annoying phone calls. A newly hired telemarketer is told he will probably make a sale on about 12% of his phone calls. The first week he called 200 people, but only made 10 sales. Should he suspect he was misled about the true success rate? Explain.
Statistics and Probability, Statistics
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In? mid-2009, Rite Aid had? CCC-rated, 20-year bonds outstanding with a yield to maturity of 17.3%. At the? time, similar maturity Treasuries had a yield of 5%. Suppose the market risk premium is 4% and you believe Rite? ...
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