Probability that the mean of simple random sample
A normal population has a mean of 0.1 and a standard deviation of 2.1. What is the probability that the mean of a simple random sample of 900 members will be negative?
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Find values of X and Y so that all 3 cash flows are equivalent at the interest rate of 15% per year compounded yearly.
Melanoma is the most serious form of skin cancer and is increasing at a rate higher than any other cancer in the united states. If it is caught in its early stage, the five year survival rate for patients on average is 98% in the united states.
Incomes of junior executives are normally distributed with a standard deviation of $3,828. What is the mean for the salaries of junior executives if a salary of $62,900 is at the top end of the middle 80% of incomes.
To purchase the car, you borrow $26,500 from the friend at 15%/year compounded monthly for four years. You plan to repay loan with 60 equal monthly payments.
CTL (Concrete Testing Lab) borrowed $80,000 for new equipment at 8% per year, compounded quarterly. It is to be paid back over three years in equal quarterly payments.
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The given information refers to the six-month call option on stock of XYZ, Inc. Price of underlying stock: $100. Strike price of three-month call: $92.
Find the critical value Zc necessary to form a confidence interval at the level of confidence c=0.83
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