The following formula describes the recent profit, P, in thousands of dollars, for a company that just implemented a new marketing campaign. The variable, t, is time, in weeks, after the...
The following formula describes the recent profit, P, in thousands of dollars, for a company that just implemented a new marketing campaign. The variable, t, is time, in weeks, after the...
Test results have Normal Distribution with average 200 and standard deviation 50. What percentage of students has score below 150? Tip: Convert 150 to z-values and then use attached Table...
Calculate percentage of data within one standard deviation around mean,percentage of data within two standard deviation around mean. I'm not sure where to start with this. The...
Give an example, of how a either the Poisson or the Exponential distribution could be used to model something in real life (only one example is necessary). You can give an example in any area that...
Which is the better deal, $10,000 invested at 5%, compounded yearly, for 20 years, or $5,000 invested at 10%, compounded continuously, for 20 years?
Use formula for Binomial Probability of x successes in n trials P(x) = nCk • px •(1-p)n-x to calculate probability that you toss coin 5 times and will have exactly 3 heads. Low case p is probability...
How do you factor an expression using GCF ?
A normal distribution has a mean of 5 and a standard deviation of 2. What proportion of the distribution is above 3?
A sales associate in a clothing store earns $250 a week plus a commission equal to 3% of his sales. This week, the associate’s goal is to earn no less than $460. Which inequality can be used to find...
A doctor performed a study on patients he treated who had ant bites and patients he treated who had tick bites. The doctor recorded the findings of his study in the following table. ...
A loan of $4,700 at 6.60% is to be repaid by three equal payments due four, six, and eight months after the date on which the money was advanced. Calculate the amount...
Don't know what to or how to answer this Use a normal approximation to find the probability of the indicated number of voters. In this case, assume that 193 eligible voters aged 18-24...
A contract requires end-of-month payments of $180 for another 9 1/4 years. What would an investor pay to purchase this contract if she requires a rate of return of 3.6% compounded monthly? (Round...
Hi my name is Laila and I need help on this problem.
A sales associate in a clothing store earns $250 a week plus a commission equal to 3% of his sales. This week, the associate’s goal is to earn no less than $460. Which inequality can be used to find...
If RRSP contributions of $4630.02 at the end of every six months are projected to generate a plan worth $660,000 in 30 years, what nominal rate compounded semi-annually and effective rates of return...
-1/3 or -2/7
Dave Bidini has saved $40,000 for a down payment on a home and plans to save another $7000 at the end of each year for the next five years. He expects to earn 3.25% compounded annually on his savings...
I don't really know how to do this, should I just substitute 2 in for n or would that be wrong.
A contract requires end-of-month payments of $180 for another 9 1/4 years. What would an investor pay to purchase this contract if she requires a rate of return of 3.6% compounded monthly? (Round...