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Suppose we sample from a normal distribution with mean 0 and unknown tolerance τ = 1/σ2. Using a Gamma(α, β) prior for τ , determine the general form of the posterior distribution.
Statistics and Probability, Statistics
Please help me study for a test by answering this question. A stock is just paid a dividend of $0.91 and is growing at a constant rate of 10 percent per year. If the required rate of return is 15 percent, what is the sto ...
The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...
Please help answer the following question 1) Some research suggests that police officers are more likely to make an arrest in the presence of bystanders. If mentally disordered suspects attract more attention from bystan ...
You decide to research further this seemingly contradictory guidance, hypothesizing that the true population average core body temperature amidst higher ambient temperature and humidity levels while using an electric f ...
One hundred twenty-five marine recruits participated in a study to assess the benefits of a strength training program. Each recruit was given a push-up test at the beginning and end of the program. The change in number o ...
Sixty-seven percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 20 of them have looked at their score in the past six months?
The Waiting time for a Pizza order is supposed to be no more than 10 minutes. Some complaints have been received that the orders are in fact taking longer than the claimed 10 minutes. A batch of 50 orders was timed and f ...
a) Merton Corporation has a 6 percent semiannual coupon bond which has 5 years until maturity, and the yield to maturity is 8 percent. (i) What interest (coupon) payments do bondholders receive each year? (ii) At what pr ...
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 ...
Based on labor? statistics, 12 % of workers in a particular profession are male. Complete parts a through e below based on a random sample of 8 workers in this profession. a. What is the probability that exactly one wor ...
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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