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Amy is going to borrow $15,000, repaid over the next five year and make monthly payment. there are two ways that she is thinking about. One is the X Bank which offering a loan at 10% annum and monthly compounding, repaid over five years. The other one is the loan credit company called Money Credit Union. It has told Amy that the monthly payments will be $311.20. However, It has not revealed the interest rate it used to calculate this payment. and it did state that all loans are calculated using monthly compounding. Could you show me the monthly payment and Effective annual rate on the X Bank? What is the Annual Nominal Interest Rate and Effective annual rate on Money Credit Union loan?
Given that 30% of US adults are smokers, find the average of the random variable X= # of smokers in a random sample of 50 residents of the USA, also find the variance and standard deviation of X.
Are we getting the correct numbers and interpretation of statistics from the news media? Provide an example, from a publication, that supports your answer.
suppose a random sample of 100 u.s. companies taken in 2005 showed that 21 offered high-deductible health insurance
Suppose in an attempt to develop marketing materials Tyco marketers are interested in determining whether there is a significant difference in the cost of replacing pipeline seals in different countries.
Assuming that the population variances from both types of tablets are equal, construct and interpret a 95% confidence interval estimate of the difference between the population mean battery life of the two types of tablets.
All else equal, which firm would probably have larger holdings of marketable securities.
The difference between the median and mode
Of the 180 left-handed students, 93 reported at least one injury, and 619 of the 1716 right-handed students reported at least one injury in the same period. Calculate the 95% confidence interval for the proportion of stu- dents with at least one i..
from these data estimate the average height of all adults and calculate a bound on the error of estimation assume that
a nationwide random sample of college students revealed that 24 students consumed approximately 226 mg of caffeine each
The following data show the number of months patients typically wait on a transplant list before getting surgery. The data are ordered from smallest to largest.
suppose we receive 75 of a certain part from vendor a and 25 from vendor b. vendor as defect rate is 0.01 and vendor
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