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A bank made a farmer a loan of ?$1200 at 15?% for three years compounded annually. Find the future value and the compound interest paid on the loan. Compare the compound interest with simple interest for the same period.
The negative binomial distribution is sometimes defined in a different way as the distribution of the number of failures that precede the kth success. If the kth success occurs on the xth trial, it must be preceded by x - k failures. Thus, find th..
What is the range, mean, variance, and standard deviation of that population data set?
Discuss the general idea that just because two things are correlated, one does not necessarily cause the other. Provide an example
Understandably, the movie industry would like to know what makes a movie successful. Data from 120 first-run movies released in 2005 suggest that longer movies actually make less profit.
A random sample of 50 households was selected for a telephone survey. The key question asked was, Do you or any member of your household own a cellular.
on the basis of datd provided by a romac salary survey the variance in annual salaries forseniors in public accounting
Find data on the Internet (or elsewhere) for two or more groups. Make appropriate displays to compare the groups, and interpret what you find.
The mean SAT verbal score is 478, with a standard deviation of 98. Use the Empirical Rule to determine what percent of the scores lie between 380 and 478. (Assume the data set has a bell-shaped distribution)
Which distribution is preferred by a Rawlsian Social Welfare Function? Assume that utility is defined as ui = mi and recall that Rawlsian Social Welfare function would be equal to the minimum utility experienced by any person under the allocation.
consider two urns labeled a and b. there are a total of 3 orange balls and 3 blue balls. an experiment consists of
A study was conducted to determine whether a correlation exists between consumers' perceptions of a television commercial (measured on a special scale).
What is the probability that a randomly selected customer gets a shave or a haircut?- What is the probability that a randomly selected customer gets neither?
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