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Normal adult Mean Temperature is 98.2 and standard deviant is 0.62 with normal distribution. If 16 people are randomly selected determine the probability that their mean body temp is below 98.5 degrees.
Statistics and Probability, Statistics
You hold a stock with price $100 that can increase by 10% or decrease by 10% m a year. The interest rate is 5% a) Suppose that you want to ensure that you'll get a minimum of $I00 in a year regardless of the evolution of ...
1 Table #10.1.6 contains the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013). Create a scatter plot and find a regression equation between house value an ...
Calculating Project OCF. Summer Time, Inc. is considering a new 3-year project that requires an initial fixed asset investment of 3.9 million. The fixed asset will be depreciated straight line to zero over its three-year ...
1. According to the latest poll, 750 adult respondents believe in global warming. Construct a 95% confidence interval estimate of the proportion of adults who believe in global warming. Round your lower bound and upper b ...
Suppose a sample space has things a,b and c. Twice, draw from the sample space and replace. The possible sequences formed are {aa, ab, ac,ba,bb, bc,ca,cb,cc} Now suppose there are Y different things. There are Y ways the ...
With a die being rolled. The set of equally likely outcomes is? {1, 2? 3, 4? 5, 6}. Find the probability of getting a 10.
A mail order supplier advertises same-day service on every order. Recently, the movement of orders has not gone as planned. The director of customer service has completely redone the method of order handling. The goal of ...
According to a Field Poll, 258 out of 602 of California adults feel that "education and our schools" is one of the top issues facing California. We wish to construct a 90% confidence interval for the true proportion of C ...
A random sample of 25 values is drawn from a mound-shaped and symmetric distribution. The sample mean is 12 and the sample standard deviation is 2. Use a level of significance of 0.05 to conduct a two-tailed test of the ...
The board of a major credit card company requires that the mean wait time for customers when they call customer service is at most 3.00 minutes. To make sure that the mean wait is not exceeding the requirement, an assist ...
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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
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