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Lexington Co. is a U.S. firm. It has a subsidiary in India that produces computer chips and sells them to European countries. The chips are invoiced in dollars. The subsidiary pays wages, rent, and other operating costs in India's currency (rupee). Every month, the subsidiary remits a large amount of earnings to the U.S. parent. This is the only international business that Lexington Co. has. The subsidiary wants to borrow funds to expand its facilities, and it can borrow dollars at 9 percent annually or borrow rupee at 9 percent annually. Which currency should the parent tell the subsidiary to borrow if the parent's main goal is to minimize exchange rate risk? Explain.
if xsub1xsub2....xsubn constitute a random sample from a population with the mean mu and the variance use the methods
A marketing firm recently studied the number of times men and women who live alone that buy takeout dinners in a month. Two independent samples were taken one with 50 men and 55 women.
If profit earned in the manufacture and sale of X units of a product is P dollars where: P = 10X - 0.001X2
at a certain gas station 70 of the customers use regular-grade unleaded gas and 30 use higher-grade unleaded gas. it is
Determine the probability that sample mean will be greater than M=510. In symbols, what is p(M>510)? Determine the probability that sample mean will be greater than M=520.
The manager of the Gander Mountain store in Frogtown, IL, believes that his prices for ammunition are lower than the prices of his primary competitor in the hunting equipment market, Cabela's.
A loaf of bread is normally distributed with a mean of 22 oz. and a standard deviation of 0.5 oz. What is the probability that a loaf is less than 22.25 oz.?
If the monthly demand for videos on average is 180 and standard deviation = 60, what is the number of videos the manager should order to meet 90% customer demand?
Evaluate the probability that patient taking drug will experience flu symptoms.
Merrill Lynch Securities and Health Care Retirement, Inc., are two large employers in downtown Toledo, Ohio. They are considering jointly offering child care for their employees.
To test whether or not there is a difference between treatments A, B, and C, a sample of 12 observations has been randomly assigned to the 3 treatments. You are given the results below.
assume that a sample is used to estimate a population mean mu. find the 80 confidence interval for a sample of size
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