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Suppose that 66% of all college seniors have a job prior to graduation. If a random sample of 95 college seniors is taken, approximate the probability that at least 65 have a job prior to graduation. Use the normal approximation to the binomial with a correction for continuity.
Please round your answer to at least three decimal places. Do not round any intermediate steps.
If you concluded in part (a) above that the two variables are CI(1,1), estimate the long-run equilibrium relationship between PriCon and PerDisInc by the DOLS and FMOLS methods. Briefly comment on the results.
For the binomial lattice model, Sn = S0 Y1 × · · ·×Yn , suppose p = 0.75,d = 0.90, u = 1.5:When r = 0.05: Show that the stochastic process Mn = Sn /(1 + r)n , n ≥ 0, forms a SUBmartingale.
In a random survey of 226 self-employed individuals, 20 reported having had their tax returns audited by the IRS in the past year. Estimate the proportion of self- employed individuals nationwide who've been audited by the IRS in the past year. a)..
Describe the difference in the determination of a confidence interval of a normal distribution if the variance is known or unknown.
a distribution of scores has mu 40 and sigma 18a. describe the distribution of sample means based on samples of n36
Assume that, the standard deviation of a monthly rents paid by students in a particular town is $40 A random sample of 100 students was taken to estimate the mean monthly rent paid by the whole student population- solution?
What is the Average Annual Investmentfor this machine?What is the ownership cost per hour?
Any person, who has not smoked a single tobacco product in life, is diagnosed with lung cancer.
A certain laboratory animal used in preclinical evaluations of experimental catheters gives birth to only one offspring at a time. The probability of giving birth to a male or a female offspring is equally likely. In three consecutive pregnancies ..
determine whether the following statement is true or false and justify your answer if e and f are mutually exclusive
The owner of a large car dealership believes that financial crisis decreased number of customers visiting her dealership. Calculate value of test statistic
Use the following frequency distribution (of SAMPLE DATA)in answering the questions: class 0-10 f=10; class 10-20 f=20; class 20-30 f=40; class 30-40 f=20; class 40-50 f=10. What is the value of the standard deviation
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