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The Federal Deposit Insurance Corporation (FDIC) insures deposits in banks and thrift institutions for up to $250,000. Before the banking crisis of late 2008, there were 8,885 FDIC-insured institutions, with deposits of $6,826,804,000,000. Bank of America had deposits of $681,570,000,000 in nearly 6,000 banking centers during 2004.
a. Calculate the average deposits per bank for both FDIC-insured institutions and Bank of America.
b. Describe the relationship between the two averages calculated in part a. Provide a reason for the disparity.
c. Would the two averages be considered to be parameters or statistics? Explain.
The weights of dormitory cockroaches follow a normal distribution. 14% of the dormitory cockroaches weigh below 77 grams and 10% of them weigh above 82 grams. Find the mean and standard deviation of their weights.
Compute the suitable Test Statistic to test hypothesis that the proportion of condominiums that sold within 30 days decreased from 2006 to 2007.
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(a) Prove that isomorphic graphs have the same number of vertices. (b) Prove that if f:V(G) -> V(H) is an isomorphism of graphs G and H and if v is an element of V(G), then the degree of v in G equals the degree of f(v) in H. (c) Prove that isomor..
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