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What is the accumulated value at t = 30 of a 30 year ordinary annuity that has the first of its annual payments equal to $1000 and subsequent payments increasing by 2% through the 10th payment and equal to $1500 for all the remaining payments? Use i = .04.
Suppose 70% of kids who visit the doctor have a fever, and 15% of kids with a fever have a sore throat. Whats the probability that a kid who goes to the doctor has a fever and a sore throat?
a) what is the probability that a randomly selected scooter passed inspection? b) what is the probability that if a randomly selected scooter did not pass inspection, it came from assembly line B?
The standard deviation of fresh fruit consumption is about 30 pounds. Suppose a researcher took a random sample of 38 people and had them keep a record of the fresh fruit they ate for one year.
You have observed the following returns over time. Suppose that the risk free rate is 6 percent and the market risk premium is 5 percent.
For the time-frame of this study, once a market has reached a higher category, it won't fall back to a lower category. What is the probability that Logistics will stop providing service to an Intermediate market before becoming a High market?
Determine which pair of strategies would competing companies A and B choose given this payoff matrix?
In a two player, one shot simultaneous move game each player can select strategy A or B. If both players select strategy A, each receives a payoff of $500.
Barbara and Juanita, Two basketball players, are best offensive players of the school's team. They know if they work together offensively-feeding the ball to each other,
The market for olive oil in new York City is controlled by 2-families, Sopranos and Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter New York City olive oil market.
Suppose that you do a test for H0: μ = 6 against HA: μ &neq; 6 you obtain a sample mean of 6.5 and the test gives you a a p-value of 6%. We want to connect the p-value to the confidence interval for the mean.
Assume that there are 10 pencils available of each color, and different children are allowed to choose the same color.
For a class activity, your group has been assigned the task of generating a quiz question that requires use of formula for conditional probability to compute P(B/A).
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