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Assume you tested several automobile tires and recorded a Chi-sq. test, you decide that miles until failure are normally distributed, with mean failure of 50,000 miles and the standard deviation of failures was 10,000 miles.
a) Determine the reliability of the tires at 40,000 miles.b) If you know one of these tires has been driven 20,000 miles (on a testing machine), what is its reliability at 60,000 miles?
Suppose that the reserve requirement is 3% on the first 30 million of checkable deposits and 10% on the checkable deposits in excess of 30 million. (Amounts on the balance sheet are in millions of $) Assets- Reserves 15.9, Loans 150.0, Securities 3..
suppose that a researcher discovers that a measure of the total amount of debt in the U.S economy over the past 20 years was a better predictor of inflation and the business cycle than M1 or M2. does this discovery mean that we should define money..
On the planet Omicron Persei 8, government spending is $1000, net taxes are $1200, and planned investment is $1400. Consumers spend according to the equation C = 100 + 0.8Yd, where Yd represents disposable income.
In an effort to Compensate for shrinking land-line customers, SBC and Bell South(owners of Cingular Wireless LLC) got into a bidding war with Vodaphone to acquire AT&T Wireless. The inital $11 per share offer escalted to $13 for the 2.73 billion s..
The InterCell Company wants to participate in the upcoming World Fair. To participate, the firm needs to spend $1 million in year zero to develop a showcase. The showcase will produce a cash flow of $2.5 million at the end of year one.
The widget Industry in Anytown is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given by P = 800 - 20 W Where W represents the number of widgets sold per period. The total cost function (including opportunity or impl..
In Avataria one-forth of all females born die in infancy, and the rest of them live until age 60. Women bear 1 child at age 18, 1 child at age 24, 1 child at age 26, and 1 child at age 30. One-half of children are boys.
The demand for haddock has been estimated as log Q=a+b log P +c log I + d log Pm where Q= quantity of haddock sold in New England P= price per pound of haddock I= a measure of personal income in the New England region Pm= an index of the price of ..
A company deposits 2000 in the bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5 years. If the bank pays 8% intereest, how much would be in the account at the end of 15 years
How do you relate the most recent unemployment rate (Look for Jan, 2012 data on unemployment rate) to your conclusion of this question indicating if the US economy is in a state of full employment. Feb 2012 unemployment data will be announced on M..
The following table gives the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working age U.S. population for 2008.
What is the breakeven level of hour of work under the program I have gotten help on the first part of the question and found that the break even level of earnings was $140 and he would work for 20 hours/week.The other part
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