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Promotion occurs on average every 10 days in a large corporation. What is the probability that the next promotion will occur within:
Statistics and Probability, Statistics
A jar of peanut butter contains 451 grams with a standard deviation of 10.6 grams. Assuming a normal distribution, find the probability that a jar contains less than 448 grams.
"A population has a mean of 150 and a standard deviation of 21. If a random sample of 49 is taken, what is the probability that the sample mean is between 152.5 and 157.5 using z scores?"
Robertson Steel is forecasting the following numbers: EBIT $1,000,000 Interest Expense 300,000 ROE 20% The company is in the 40 percent tax bracket. After putting together the forecast the ...
Suppose that the height (x), in inches of a 20 year old man is a normal random variable with a mean of 70 inches and standard deviation of 5.102 inches. What is the 97.5th percentile of all 20 year old men's heights?
A company is considering replacing its fleet of jets with new ones, but only if they can reduce 5 days off the current 30 day delivery time. The company has purchased 5 new jets and done a sample of 15 trips. The sample ...
A logging contractor has three feller bunchers. On any given day, each machine has a 90% chance of working. The contractor is considering buying a fourth feller buncher to offset the possibility of none of the machines o ...
The number of cell phones per 100 residents in countries in Europe is given in table 9.3.9 for the year 2010. The number of cell phones per 100 residents in countries of the Americas is given in table 9.3.10 also for the ...
A company is trying to beat the competition to market with a product. They have determined that if they get to market prior to November 1 they will have a revenue stream of $800,000. If they get to market between Novembe ...
Suppose a machine has two components that prevent injury; component A and component B. If either of the components fail, an employee will be injured. It is important to note that both A and B cannot fail at the same tim ...
Assume the probability of a male being 50 is 4.80%, and the probability of being female and > 50 is 8.00%. Based on this information and the information in the tables above, what is the probability that someone
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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