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Suppose that X is a geometric random variable. (a) prove that for positive integers n and k, P(X=n+k|X>n)=P(X=k). (b)explain what this result means and why it makes sense for a geometric distribution to have this property.
Statistics and Probability, Statistics
Stock Valuation Suppose you know that a company's stock currently sells for $72 per share and the required return on the stock is 11.5 percent. You also know that the total return on the stock is evenly divided between a ...
The probability that a student passes a class is p(P) = 0.59. The probability that a student studied for a class is p(S) = 0.55. The probability that a student passes a class given that he or she studied for the class is ...
Leibniz sells you an annuity that pays $1,500 every month from the end of September 2018 to the end of August 2022 with annual interest rate 7% compounded monthly. (round off all answers to two decimal places) (a) What i ...
What is liquidity and why is liquidity important to the success of a business? Give the Reference
1) Prince George's County Public Schools wants to access the effectiveness of its new 1st grade reading program. Ten 1st grade classrooms are randomly selected from across the county. What kind of sampling method is bein ...
Doolittle Co. is expected to pay a dividend of $2.3 next year. Doolittle is expected to pay 20% of its earnings as dividends and will have an ROE of 9% until the fourth year. After that, its ROE is expected to decrease t ...
What is the sample size for studies with MOE of +/-3.5% and +/-2.8%?, with a confidence level of 95%, sample statistics of .50? Please show work.
An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...
The bold and italics portion is as far as I've gotten with the equation. Help me finish? And am I on the right track? A survey showed that 1200 of the 1600 adult respondents believe in global warming. (a) Construct a 95% ...
How Do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details.
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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
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Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As