Mean-variance and stadard devaition
The following data lists the avarage monthly snowfall for January in 15 cities around the US:
13, 31, 15, 3, 26, 47, 24, 21, 44, 13, 4, 28, 20, 23, 37
Find the mean, variance and stadard devaition.
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Machinery is purchased on May 15, 2009 for $50,000 with a $5,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount of depreciation expense in year 2?
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After some preliminary analysis, it seems that there is difference among mean lifetimes of flashlight batteries of three different brands. Use a family confidence level of 0.95, apply Tukey multiple comparisons to compare the lifetimes of flashlig
The following data lists the avarage monthly snowfall for January in 15 cities around the US:Find the mean, variance and stadard devaition.
A contractor has purchased a wheeled loader for $130,000 and expects to use the loader an average of 1,500 hours per year.
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A fair die is thrown until the sum of the results of the throws exceeds 6. The random variable X is the number of throws needed for this. Let F be the distribution function of X. Determine F(1), F(2), and F(7).
Explain how you believe the rising prices affect strategic pricing-decisions made by companies that produce packaged food, cereals, canned meats and other common products found in a supermarket.
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