+61-413 786 465
info@mywordsolution.com
Home >> Statistics and Probability
A local rental car agency has 200 cars. The rental rate for the winter months is 60%. Find the probability that in a given winter month at least 140 cars will be rented. Use the normal distribution to approximate the binomial distribution.
Statistics and Probability, Statistics
The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $70,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $7,000 per year for each year of its r ...
A nutritional scientist wishes to study the effect of storage time on the amount of vitamin C (milligrams) contained in 50 gram freeze dried fruit packs when stored for one, one and a half and 2 years. Five fruit packs w ...
Could someone help with my homework question? Recovery time for knee surgery patients that do physical therapy three times per week on average is 16.3 weeks with a standard deviation of 2.4. A physical therapist believes ...
a) Merton Corporation has a 6 percent semiannual coupon bond which has 5 years until maturity, and the yield to maturity is 8 percent. (i) What interest (coupon) payments do bondholders receive each year? (ii) At what pr ...
Martin Enterprises needs someone to supply it with 109,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you've decided to bid on the contract. It will cost you $740, ...
The revenue function R(x) and the cost function C9X) for a particular product are given. These functions are valid for the specified range of values. Find the number of units that must be produced to break even. R(x) =20 ...
Let's assume that your tuition (not including books and supplies) for this semester is $7500. If you are taking 5 courses, and each class meets 3 hours a week, what are you paying per hour for your classes? (A typical co ...
Let N ( m , v ) denote the normal random variable with mean m and variance v . (a) If X is a Standard Normal variable, what is the distribution of the random variable 4 X - 1? (b) If X ~ N (3,1) and Y ~ ...
Assume a random sample of n = 5 measurements from a normal distribution. Compare the standard normal z-values with the corresponding t-values if you were forming an 80% confidence interval.
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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.
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