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The average length of life of a brand of light bulb is 2000 hours with a population standard deviation of 120. A sample of 100 light bulbs is to be taken. What is the probability of the sample mean being less than 2020 hours? P(xbar< 2020)
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 ...
1. Define organizational communication 2. What interesting about the subject of organizational communication
What is the present value of a security that will pay $9,000 in 20 years if securities of equal risk pay 12% annually? Round your answer to the nearest cent
I. Using the central limit theorem, what is the distribution of sample means when the population distribution is the following? PART (A) rectangular (a) positively skewed (b) uniformly distributed (c) normally distribute ...
Approximately once a month cars are shipped from Rotterdam, Holland to Lagos, Nigeria. The past data collection indicates that the weight of a car is normally distributed with the mean of 1,070 kg and the standard devia ...
According to a survey of 25,000 ?households, 55 % of the people watching a special event on TV enjoyed the commercials more than the event itself. Complete parts a through e below based on a random sample of nine people ...
Large purple dress INC. HAS SOME BOND OUTSTANDING WITH A 6.25% COUPON AND FOUR YEARS REMAINING UNTIL maturity. Since these bond were issued, interest rates has increased, these bonds are now trading at a 7.375% YTM. Reme ...
Assume that the box contains 12 balls: 4 red, 4 green, and 4 blue. Two balls are drawn at random, one after the other without replacement. What is the probability that the first ball was blue, given that the second was r ...
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 ...
How do you find the minimum sample size when population standard deviation is anywhere between 14 to 24, and the half-width B desired could be anywhere between 2 to 7?
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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