+1-415-315-9853

info@mywordsolution.com

## Finance

 Basic Finance Corporate Finance Financial Management Financial Econometrics Portfolio Management Risk Management Public Finance Business Law & Ethics

1) Many students have accrued a large amount of debt by the time they graduate from college. Given below is the percentage of students graduating with debt and average amount of debt for students graduating with debt at 4 national universities and at 4 liberal arts colleges (U.S. News and World Report, America’s Best Colleges, 2008).

a) If you arbitrarily select a graduate of Morehouse, determine the probability this individual will have graduated with debt?

b) If you arbitrarily select one of these institutions for the follow-up study on student loans, determine probability you will select the institution from which over 60% of students graduated with debt?

c) If you arbitrarily select one of these institutions for the follow-up study on student loans, determine probability you will select the institution in which average amount of debt is greater than \$30,000 per student graduating with debt?

d) Determine the probability a student graduates from Pace without any debt?

e) For Pace University, determine the average amount of debt owed per graduating student?

f) In making probability computations above, were you using classical, relative frequency, or subjective method?

National Liberal Arts
University % with Debt Amount(\$) College % with Debt Amount(\$)
Pace 72 32,980 Wartburg 83 28,758
Iowa State 69 32,130 Morehouse 94 27,000
Massachusetts 55 11,227 Wellesley 55 10,206
SUNY–Albany 64 11,856 Wofford 49 11,012

Basic Finance, Finance

• Category:- Basic Finance
• Reference No.:- M914587

Have any Question?

## Related Questions in Basic Finance

### 1 how may the use of leases shift the risk of rising

1. How may the use of leases shift the risk of rising expenses from the lessor to the lessee? 2. What is the difference between base or face rents and effective rents? 3. What is meant by useable vs. rentable space? 4. W ...

### 1 should demand characteristics be eliminated or

1. Should demand characteristics be eliminated or strengthened in an experiment? Explain. 2. How do researchers detect and eliminate placebo effects? 3. What effect does error variance have on the results of an experimen ...

### 1 in general would a falling rate of market interest cause

1. In general, would a falling rate of market interest cause the price of an MPT security to increase or decrease? Would the increase or decrease be greater if the security was issued at a discount? Would an increase in ...

### Choose a company that you would like to analyze and obtain

Choose a company that you would like to analyze and obtain its financial statements. Now, select another firm from the same industry and obtain its financial data from the Internet. Perform a complete ratio analysis on e ...

### 1 what is the difference between a stratum and a cluster2

1. What is the difference between a stratum and a cluster? 2. What is the drawback of obtaining random samples by telephone? 3. In what way would the use of sampling improve the accuracy of the United States census?

### Over time many large companies in the us have increased

Over time many large companies in the US have increased exponentially the amount of long-term debt taken out to finance operations. What are some other alternatives to long-term financing needs in an organization and is ...

### The following excerpts are taken from dividend policy

The following excerpts are taken from "Dividend Policy Determinants: An Investigation of the Influences of Stakeholder Theory" by Mark E. Holder, Frederick W. Langrehr, and J. Lawrence Hexter, published in the Autumn 199 ...

### Question 1 when viewing the terms special returns or

Question 1. When viewing the terms "special returns" or "abnormal returns," we know this can refer to _____. the Efficient Market Hypothesis gains in excess of the market risk-adjusted average convertibles and warrants, ...

### 1 how can strategic procurement contribute to the quality

1. How can strategic procurement contribute to the quality of products produced by a manufacturing organization? 2. Explain the rationale underlying volume consolidation. What are the risks associated with using a single ...

### A simple random sample of 120 men results in a mean of 80

A simple random sample of 120 men results in a mean of 80 beats per minute, and a standard deviation of 11 beats per minute. Based on the sample results, the researcher concludes that the pulse rates of men have a standa ...

• 4,153,160 Questions Asked
• 13,132 Experts
• 2,558,936 Questions Answered

## Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

### Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

### Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

### Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

### Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

### Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen