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Suppose the mean cannot be adjusted, but the standard deviation can be reduced. What maximum value of the standard deviation would make 90% of the parts acceptable to the consumer (Assume the mean to be 1.012)
Statistics and Probability, Statistics
Given the following partial relative frequency table Republican Democrat Independent Male 0.174 0.124 0.178 Female 0.126 0.106 ? Compute P(Republican | Male), and enter your answer with 3 decimal places. show working ple ...
Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year, of the 211,693 students who took the calcu ...
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 ...
From a sample of 35 presidential elections - 19 of those have been Republican (R) victories - and 16 have been Democrat (D) victories. I need to know how to construction a 95% confidence interval about the proportion o ...
Let X be a normally distributed random variable with μ = 100 and σ = 10. Find the probability that X is between 80 and 105. (Round your answer to the nearest whole number percent and include the percent symbol.)
Let x = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of x was approximately σ 2 = 5.1. Suppose a recent study of age at first marriage for a rand ...
A student is to be selected randomly from a group of students. For each classification of freshman and sophomore, there is a math major, an art major, and a biology major. The probability of each individual being selecte ...
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?
Many Raleigh, north Carolinian's owns one or more TVs. Below is a distribution of the number of TVs per house hold in Raleigh. Fill in the missing probability to make a valid discrete probability distribution or explain ...
A test of the null hypothesis H 0 : μ = μ 0 gives test statistic z = -0.58 (Round your answers to four decimal places.) a) What is the P -value if the alternative is H a : μ > μ 0 ? b) What is the P -value ...
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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