1. Assume that 5% $100,000 bond with semi-annual interest payments and a remaining life of 20 years could be purchased today, when market interest rates are 6%. How much would you have to pay to buy the bond?
2. The following data depict the length of delay in discharging 18 older patients to a long-term care facility: 5,3,4,1,2,6,7,4,8,10,3,5,3,5, 4,6,7,9
Use Excel to find the mean, the mode, the median, the standard deviation, the range, the coefficient of skewness, the 3rd quartile, the 6th decile, and the 25th percentile.