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There are 137 tickets in a hat and my name is on 3 of them. If someone draws 20 tickets out of the hat, what is the probability of my name being on one of those 20tickets.
Statistics and Probability, Statistics
"A Financial Planning Licensee striving for excellence in their fiduciary duty has decided to set a maximum limit of gearing for all client financial plans they construct." Comment on the merit of taking such an approach ...
Confidence intervals (CI) are one of the simpler forms of inferential statistics. What does the CI represent? And why does our knowledge of the Central Limit Theorem (CLT) and the empirical rule let us understand why the ...
Consider the following random sample of data: 8, 6, -6, 0, -9, 4, -1, 7, 6, 84 a) What is the standard deviation of the sample data? Round your response to at least 3 decimal places. b) If the outlier is removed, what is ...
Suppose you invest $2,000 today and receive $9,500 in five years. a. What is the internal rate of return? (IRR) of this? opportunity? b. Suppose another investment opportunity also requires $2,000 upfront, but pays an eq ...
Assume that the mean score on a normally distributed statistics quiz taken by 400 psychology students was 76, and the standard deviation was 8. Ben had a z-score of -1.2. If someone gave a passing grade only to the top 2 ...
Why does a high standard deviation of a stock's rate of return mean that that stock is risky? Explain. (Hint: Intuitively explain how we calculate standard deviation and what does it mean)
A random sample of 34 taxpayers claimed an average of ?$9,623 in medical expenses for the year. Assume the population standard deviation for these deductions was ?$2,441. Construct confidence intervals to estimate the av ...
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 ...
A Foreign trader at the bank's TX desk calls to inform you that the company TD Bank is quoting $1.20/€1, and Bank of America is offering $1.40/£1. The trader also noticed thatCredit Z is also making the market in pound ...
Can someone explain this to me? Or draw it out so that I can understand. You may see a problem like the following: a mean score of 20 and SD of 3, and asked what percentage of cases will be between 17 and 23, you would r ...
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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