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A person has 1000 now and plans to invest it for 5 years. He is trying to decide between two alternatives. The first is to buy a bond that matures in 5 years. The second is to buy a bond that matures in 10 years and sell it at the end of 5 years. Assume that in both cases the bonds have no payments before maturity and can be purchased today at an interest rate of 6%. How much better or worse off is the individual at the end of 5 years if he chooses the second alternative instead of the first, assuming that at time 5 the interest rate for this class of bonds is (a) 4%, (b) 7%?
What is the probability that a randomly chosen employee is an Administrator if the employee has the opportunity of gaining promotion next year?
Use this tree diagram and the probability determined in part (a) to calculate the probability that she should receive at least one payment exactly on time.
A private medical clinic wants to estimate the true mean annual income of its patients. If the confidence level is 95%, find the required sample size in order to meet the needs.
Their mean monthly sales were $10,000 with a standard deviation of $1000. Construct a 95% confidence interval for the population mean.
q2. deciles of normal distributionsthe deciles of any distribution are the 10th 20th... 90th percentiles respectively.a
internet sites often vanish or move so that references to them cant be followed. in fact 16 of internet sites
Heights of college-aged women are approximately bell-shaped and symmetric, with almost all of them (95%) falling between 58" and 72". Find the approximate values of the mean and standard deviation.
clark heste is an industrial engineer at lyones products. he would like to determine whether there are more units
1 if x is a poisson distributed random variable with a mean of 3 and y is another poisson distributed random variable
A dietitian investigated whether apples washed in hot water or in cold water turned brown at different rates when exposed to air. She took 13 random apples and cut each in half.
Determine the probability that mean annual snowfall during 40 randomly picked years will exceed 111.8 inches?
a study of pollutants showed that certain industrial emissions should not exceed 2.5 parts per million. you believe a
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