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Describe different types of nontariff trade barriers that help trade protection in the united states.
Statistics and Probability, Statistics
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Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...
You want to borrow $36,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $750, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR ...
A hotel claims that 95?% of its customers are very satisfied with its service. Complete parts a through d below based on a random sample of seven customers. What is the probability that more than six customers are very? ...
How is calculating confidence interval different or similar to gambling?
A machine has four? components, A? B, C, and? D, set up in such a manner that all four parts must work for the machine to work properly. Assume the probability of one part working does not depend on the functionality of ...
You are working with a MOE of +/-4% and a confidence level of 95%. P and Q =.50, and your CPI is $25.00. The company you work for needs to make a decision as to whether they may need different advertising for men and wom ...
How do I figure a cusomer's expected return when borrowing money? Example, the customer wants an investment that costs $100 and considers borrowing $80 for one year at 4.6% to help pay for the investment. What is the cus ...
Consumer product manufacturers commonly include customer satisfaction surveys on product warranty cards that are sent back to the company. An outdoors company redesigned a popular camping tent, and it wants to know wheth ...
1. A fencer attends a fencing tournament. To ensure the equipment works well, he takes three blades. Two of them will be the backup. The probability of his three blades to function properly are 0.95, 0.8, 0.7 respectivel ...
One hundred twenty-five marine recruits participated in a study to assess the benefits of a strength training program. Each recruit was given a push-up test at the beginning and end of the program. The change in number o ...
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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
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