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The mean number of errors per page made by a memebr of the word processing pool for a large company is thought to be 2.4 with the number of errors distributed according to a poisson distribution. if
Salte corporation is issuing new common stock at a market price of $33. Dividends last year were $1.65 and are expected to grow at an annual rate of 9 percent forever. Flotation costs will be 12 per
How many bonds will the firm have to issue to receive the needed funds? What is the firm's after-tax cost of debt if its average tax rate is 25 percent and its marginal tax rate is 33 percent?
A friend of mine is giving a dinner party. His current wine supply includes 8 bottles of zinfandel, 12 of merlot, and 11 of cabernet (he only drinks red wine), all from different wineries. If he wa
The data in the following table represent the total rates of return (%) for three stock exchanges over the three-year preiod from 2004-2006. Calculate the geometric mean reate of return for each of
A company's stock price rose 20.5% in 2004, but dropped 1.5% in 2005: Compute the geometric mean rate of increase for the two year period 2004-2005. (denote a decrease of 1.5% by -.015)
Assuming that the expected monetary value criterion is applicable determine wether the speculator should purchase the commodity. Perform a sensitivity analysis on the speculator's estimate of the prob
A speculator is considering the purchase of a commodity that he reckons has a 60% of increasing in value over the next month. If he purchases the commodity and it does increase in value, the specul
In a test for effectiveness of garlic for lowering cholesterol, 47 subjects were treated with Garlicin. Cholesterol levels were measured before and after the treatment. The changes in their levels
Forty percent of the homes constructed in the Quail Creek area include a security system. Quail Creek is a very large housing development. Three homes are selected at random: (A tree diagram would
Movie stars and U.S. presidents have fished Pyramid Lake. It is one of the best places in the lower 48 states to catch trophy cutthroat trout. In this table, x = number of fish caught in a 6-hour pe
Suppose that two cards are randomly selected from a standard 52-card deck. What is the probability that the first card is a club and the second card is a club if the sampling is done without replace
Among 35-40 year olds 39% say they have operated heavy machinery while under the influence of alchol. Suppose three 35-40 year olds are selected at random.
The probability that a randomly selected 2-year-old male feral cat will live to be 3 years old is 0.88493 (a) What is the probability that two randomly selected 2-year-pld male feral cats will live
A machine is set to pump cleanser into a process at the rate of 9 gallons per minute. Upon inspection, it is learned that the machine actually pumps cleanser at a rate described by the uniform distr
(a) What is the probability that a randomly selected home run was hit to right field? (b) Was it unusual for this player to hit a home run to right field?
Experimental subjects in four treatment groups are measured with the following results. What is the sum of squares for error (within groups)?
Treat this as an SRS. Use it to provide a 95% confidence interval of the mean age in months at which children say their first words.
The hights of male adults are normally distributedwith mean 1.7m and standard deviation 0.2m. In a population of 400 male adults, how many would you expect to have a hight between 1.4m and 1.6m?
Using Normal approximation to Binomial distribution with continuity correction, what is the estimated probability this student obtains a score greater than or equal to 10?
The time it takes Alice to walk to the bus stop from her home is Normally distributed with mean 13 minutes and variance 3 minutes2. The waiting time for the bus to arrive is Normally distributed wit
Moreover, the manufacturer believes the lifetime of the wipers under such conditions is Normally distributed with a standard deviation of two years. Find the probability that, if on a car driven by
What is the probablity that a person selected at random from this HWAS data set is horter than 65" or taller than 70"?
What is the name or notation given to a value for which 61% of the sample data is smaller and 39% of the sample data is larger?
Find the range and the standard deviation (correct to two decimal places). 83, 96, 99, 99, 108