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the auto parts department of an automotive dealership sends out a mean of 3.6 special orders daily what is the probability that for any day, the number of special orders sent out will be exactly 3?
Statistics and Probability, Statistics
If a study was done to measure the total brain volume of patients that had schizophrenia and also of patients that are normal. Table 1 has the total brain volume of the normal patients and table 2 has the total brain vol ...
Consider a borrower that is approved for a standard 10-year, fully amortizing house mortgage with an original balance of $500,000 and a note rate(annual interest rate) of 4.8% (Standard refers to a fixed rate mortgage co ...
Could you please explain this question for me? Pretty struggle with it right now. "The biggest four banks in Australia are too big to fail. With reference to financial system stability, critique this statement."
The Seaboard Shipping Company has a warehouse terminal in Spartanburg, South Carolina. The capacity of each terminal dock is 3 trucks. As trucks enter the terminal, the drivers receive numbers, and when one of the three ...
A quiz consists of 70 multiple choice? questions, each with five possible? answers, only one of which is correct. If a student guesses on each? question, what is the mean and standard deviation of the number of correct? ...
Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the ...
The following data represents rain fall (x) and yield of paddy per hectare (y) in a particular area. X 113 102 95 120 140 130 125 Y 1.8 1.5 1.3 1.9 1.1 2.0 1.7 Fit the regression equation x and y. Estimate Y when x= 145. ...
The length of timber cuts are normally distributed with a mean of 95 inches and a standard deviation of 0.52 inches. In a random sample of 45 boards, what is the probability that the mean of the sample will be between 94 ...
Wanda is going to Silver Dipper Ice Cream Shop to get a treat. She has 12 flavors of ice cream to choose from. There are 6 different types of toppings, and she may get her ice cream in a bowl, a regular cone, or a waffle ...
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 ...
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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