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Describe the two main advantages of using cross sectional studies over longitudinal studies
Statistics and Probability, Statistics
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Mimi plans make a random guess at 10 true-or-false questions. Answer the following questions: (a) Let X be the number of correct answers Mimi gets. As we know, the distribution of X is a binomial probability distribution ...
Kevin knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return or the market risk premium. He also knows that the expected return on the market is 8.25 percent. What is the ex ...
Assume 20% of customers who enter a clothing store make a purchase and customers behave independently of one another. Ten customers enter the store in the next hour. The salesman on duty makes $20 per hour plus a $10 com ...
A manufacture claims that the life span of its tires is 52,000 miles. You work for a consumer protection agency and you are testing these tires. Assume the life spans of these tires are normally distributed. You select 1 ...
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 ...
This table summarizes the results from along+termrandomized clinicaltrial to determine whether aspirin reduces the risk of heart attack. Researchers randomly assigned a large sample of healthy male physicians (22,071) ...
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 ...
Ann and Bill play rock-paper-scissors. Each has a strategy of choosing uniformly at random out of rock, paper, and scissors every round (making independent selections each round). Each round can end in a win, loss, or a ...
Amy currently has $500 in an account with an annual rate of return of 4.3%. She wants to have $3000 for a trip to Florida when she graduates in 2 years. How much will she have to save each month to afford her trip?
1. Define and discuss how to develop the Free Cash Flow forecast? 2. Define and discuss how to develop the Terminal Value? 3. Define and discuss how to develop the Discount Rate?
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