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A lender providing a loan of $8.5 million requires semi-annual payment of interest at a nominal rate of 7.9% per year, and repayment of the $8.5 million principal at the end of 15 years. The borrower plans to accumulate that principal for repayment at the end of 15 years using level semi-annual deposits into a sinking fund that earns interest at a nominal rate of 5% per year when compounded semiannually. What is the borrower's total cash outlay every 6 months?
The estimated return for investment y will be either 30,000, 20,000, or 10,000 with probabilities of 1/3 for each.
it is thought that prehistoric indians did not take their best tools pottery and household items when they visited
A consumer organization tested two paper shredders, the Piranha and the Crocodile, designed for home use. Each of 10 randomly selected volunteers shredded 100.
The nature of the hypothesis being tested, and the appropriateness of the statistical procedures employed in that test. You may illustrate your points using the tests you conducted.
question 1current weekly demand forecast for an item follows a normal distribution with a mean of 100 units with a
If these data are a random sample of office employees around the country, do you think that more than half of office employees participate in such pools during March Madness? Explain your answer.
The percentage rates of home ownership for 6 randomly selected states are listed below. Estimate the population variance and standard deviation for the percentage rate of home ownership with 95% confidence. Round sample variance and the final answer ..
Collecting data on traffic accident fatalities, the National Highway Traffic Safety Administration has found that 58.7 of the victims have 0.0% blood alcohol content (BAC); 5.8% of the victims have from 0.01 0.07 percent BAC;
If you were to accept the null hypothesis, even though the null hypothesis was false, what type of error would you have commited?
the average score of all golfers for a particular course has a mean of 66 and a standard deviation of 5. suppose 100
Standard error refers to the standard deviation of a point estimator, it is helpful in determining how far the sample mean may be from the population mean. More data provided by the larger sample size, the sample mean based on 225 should provide a..
Testing for population mean - What happens as you use different levels of significance? Different values of the standard deviation?
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