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In the current year, Andrew received a gift of property from his uncle. At the time of the gift, the property had a FMV of $114,000 and an adjusted basis to his uncle of $70,000. After deducting the annual exclusion, the amount of the gift was $100,000. Andrew's uncle paid a gift tax on the property of $24,000. What is the amount of Andrew's basis in the property?
the madison cosmetics company has developed a new womens facial cleanser that they believe is superior to those
A recent study, "[b]ased on data from a survey of nearly 1,500 Boston men aged 18 to 35 years...found that 16 percent of the men - about one in six -- said they had abused their partner physically or sexually within the past year.
The mean monthly income of the trainees of an engineering firm is $600, with a standard deviation of $100. Find the probability that an individual trainee earns less than $500 per month.
a binomial experiment is given. decide whether you can use the normal distribution to approximate the binomial
the weinberg electronics corporation manufactures four highly technical products that its supplies to aerospace firms
Find the expected value and variance of S = X + Y + Z and find the expected value and variance of A = (1/3)(X + Y + Z).
Let P be the transition matrix of an ergodic Markov chain and P∗ the reverse transition matrix. Show that they have the same fixed probability vector w.
What is the probability that a randomly chosen employee is an Administrator if the employee has the opportunity of gaining promotion next year?
Disney tells you that the average distance between the ears on a Mickey Mouse hat is 5 inches. In a sample of 100 Mickey Mouse hats you find that the average distance between the ears on the hats is 5.2 inches with a standard deviation of 1 inch.
consider a multiple choice examination with 50 questions. each question has four possible answers. assume that a
Stanford Binet IQ scores have a mean of 100 and a standard deviation of 15. Albert Einstein reportedly had an IQ of 160. Convert Einstein's IQ score to a z score.
The same city are delivered within two days. Six parcels are randomly sent to different locations. What is the probability that all six arrive within two days?
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