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Probabilty of rain is .30. Probabilty of game being cancelled, given it raining, is .50. Whats the probability of rain and a cancellation?
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One-year Treasury bills currently earn 2.25 percent. You expected that one year from now, 1-year Treasury bill rates will increase to 2.75 percent and that two years from now, 1-year Treasury bill rates will increase to ...
Two pediatricians want to investigate a new laboratory test that identifies streptococcal infection. Dr. Kidd uses the standard culture test, which has a sensitivity of 90% and specificity of 96%. Dr. Childs uses the new ...
Your environmental science professor designs an experiment to see whether students in her class care about recycling. She places a recycling bin and a trash bin at the front of the class and then hands out a piece of pap ...
As parts come off a production line they are stored in trays capable of holding 30 parts each. If the average tray contains 6 defective parts and you sample only 1 part from each tray, what is the probability that the pa ...
Consider a hypothesis testing problem where the null and the alternative hypotheses are defined as H0 μ=5 Vs. H1 :μ≠5 H0:μ=5 Vs. H1:μ≠5 A 95% confidence interval for μ was calculated as (2, 7). A) What would be your conc ...
You are offered the right to receive 3,000 per year? forever, starting in one year. If your discount rate is 3?%, what is this offer worth to? you? (round to the nearest dollar)
Suppose you sell a fixed asset for $121,000 when it's book value is $147,000. If your company's marginal tax rate is 35%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of ...
A laboratory worker finds that the 3% of his blood samples test positive for the HIV virus. In a random sample of 70 blood tests, what is the mean number that test positive for the HIV virus? (Round your answer to 1 deci ...
Anystate Auto Insurance Company took a random sample of 388 insurance claims paid out during a 1-year period. The average claim paid was $1575. Assume σ = $240. Find a 0.90 confidence interval for the mean claim paymen ...
How would I calculate this: Anystate Auto Insurance Company took a random sample of 382 insurance claims paid out during a 1-year period. The average claim paid was $1590. Assume σ = $234. Find a 0.90 confidence interv ...
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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