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1. List the five key factors in interest formula (equivalence equations). Explain how the interest rate and analysis period are decided for a given problem. Also, discuss why each of these factors is, in real life, more probabilistic than deterministic.
2. A company borrows $6000 in December 2013. If the interest rate is 5%, what single payment must be made in December 2019 to repay the entire principal? If the company chooses to make uniform annual payments instead (starting December 2014), what would be the value of such annual payments? Illustrate your answer with a cash flow diagram.
I am charged with sampling expense report submissions for accuracy. We get 8000 T&E claims, and want to sample a subset making inferences about the population. I can probably get a good estimate of the populations' SD, how would i calculate required ..
when considering given amounts of males and females who earn specific kinds of college degrees there are three
John earned a score of 89 on both exams. On which exam did John receive the higher letter grade? What was the minimum exam score required for a B in Statistics? What was the minimum exam score required for a B in Psychology?
a recent survey asked american adults how often they volunteered for charity. in the sample of 1974 people 51 said more
use normal approximation to estimate the probability of getting exactly 47 girls in 100 births. assume that boys and
Identify Ho and Ha for this study, conduct the appropriate analysis, and should Ho be rejected? what should the researcher conclude?
write a hypothesis for the following statementsa. the health department is charged with finding out if the rate
By using.02 level of significance, carry out a 5-step hypothesis testing procedure to find out if new processes considerably reduced the wait time.
A market researcher of a trucking company intends to carry out a state wide survey concerning truck repairs. He gathered data on the costs of all repairs performed by a truck owner during the last year.
Calculate the mean and standard deviation of the following distribution. Find mean deviation and its coefficient of the following series.
in 2009 the number of feral quaker parrots living in austin was 250. in 1992 there were only 15 feral quaker parrots.
suppose the mean systolic blood pressure in a group of individuals is 150 mmhg with a standard deviation of 15.
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