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You've finally decided to retire at the ripe old age of 50, and due to some fancy investing, you have accumulated $750,000 in mutual funds. Based upon genetics, you're likely to live until you're 80. Since you've taken this class, you think that you can earn an annual rate of 8% on your money (paid to you quarterly). How much can you take each quarter to ensure you don't run out of money until you turn 80?
The means are the same, but the standard deviation of one of the sets is larger than that of the other. Report the mean and both standard deviations.
find The probability that it is at least two hours until the first failure occurs, The probability that it is no more than six hours until the first failure occurs and The average time to the first failure.
The customers of a certain newsboy arrive in accordance with a Poisson probability law at a rate of 1 customer per minute.
a. Calculate the payback period for the proposed investment. ?(Round to two decimal? places.)
describe how you would use a random number table to get a random sample of 50 people who had listed phone numbers in a
A real estate agent has 2 tours. The first tour through N1and has 10 homes for sale, whereas the second tour through N2and has 5 homes for sale.
Based on the various stepwise approaches and "best-subsets" approaches for selecting an excellent (if not optimal) fitted multiple regression model, which one approach would you select if you had to explain to a client what your chosen model is an..
Pulling wood apart How heavy a load (pounds) is needed to pull apart pieces of Douglas fir 4 inches long and 1.5 inches square?
(a) Make a scatterplot of calories versus percent alcohol using the data set without the outlier.
Given the following number of hours between breakdowns for 4 machines, are the machines significantly different? If so, how are they different? Which machine is the best?
in the past year 17 of local businesses have eliminated jobs. if 25 businesses are randomly selected what is the
the following three questions i.e. questions 1-3 refer to the following informationthe random variable x representing
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