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Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in 2009. Suppose a sample of 100 major league players was taken. What was the standard error for the sample mean salary?
Statistics and Probability, Statistics
Fifty-seven percent of employees make judgements about their co-workers based on the cleanliness of their desk. You randomly select 8 employees and ask them if they judge co-workers based on this criterion. The random va ...
Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...
Researchers randomly assigned 25 beginning students of Russian to begin speaking practice immediately and another 25 to delay speaking for 4 weeks. At the end of the semester both groups took a standard test of comprehen ...
Bar-eli, Azar, Ritov, Keidar-Levin, and Schein (2007) analyzed 286 penalty kicks among professional soccer players. They recorded the direction that the ball was kicked (left, center, right) and the direction that the go ...
Thirty-eight percent of consumers prefer to purchase electronics online. You randomly select 16 consumers. Find the probability that the number who prefer to purchase electronics online is at most 5.
Jamie Dimon changed the business model for JPMorgan Chase in 2008. In the process, the bank gave enormous trading authority to one individual. What are the ERM strengths and weaknesses of this strategy?
Homework - Conditional Probability & Bayesian Analysis 1) Questions: a. Consider rolling a 6 sided die 100 times to determine the number of times a "1" occurs: i. This is an example of what type of probability? ii. What ...
A representative from your company visited a prison and sampled 500 prisoners in Kailil , concluding that 90 of them are political prisoners. the Test hypothesis, at the 5% significance level, that one third of the priso ...
Assume in a particular year aprojecthas the following financials: NOI o $700,000; Annual Bedt Service o $430,000 (of which $400k is intrest and 30k is priciple); original loan debt of 6.2M: 39 yr depreciable life: $8M no ...
Could you please teach me why the following question is considered True. "True or False? Based expected value an investment that produces a payoff of $10 with probability 0.3 and -$3 with probability 0.7 is a viable inve ...
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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