Determine the rate of return is built into the annuity
Your brother just won the Power Ball lottery. He has the choice of $10,000,000 today or 30-year annuity of $500,000, with the first payment coming today. What rate of return is built into the annuity?
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Let X and Y denote respectively the number of white and black balls selected. Compute the conditional probability mass function of X given that Y = 3. Also compute E[X|Y = 1].
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Use of stairs during times that signs were posted compared to times when there were nosigns. What scale of measurement is used for the independent variable.
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