What is the probability that the sample mean will be within

Assignment Help Financial Management
Reference no: EM131329820

A population has a mean of 400 and a standard deviation of 80. Suppose a sample of size 125 is selected and x ¯ is used to estimate μ a. What is the probability that the sample mean will be within +/- 5 of the population mean (to 4 decimals)? b. What is the probability that the sample mean will be within +/- 13 of the population mean (to 4 decimals)?

Reference no: EM131329820

Questions Cloud

Game theory of money and banking : These questions concentrate on the game theory of money and banking. Consider the Principle-Agent problem in relation to banking.
Write a java progrmato calculate total annual compensation : Write a Java application using NetBeans Integrated Development Environment (IDE) that calculates the total annual compensation of a salesperson. Consider the following factors:A salesperson will earn a fixed salary of .
Accordance with moral hazard concerns : Economists have long argued that, due to moral hazard problems, that "bailing out" firms such as banks (the S&L crisis), brokerage firms (Bear Stearns, Drexal Burnham...) and nations (Perhaps Greece in the future and the earlier Mexican Currency C..
Write a program to calculate the probabilities of collisions : Write a program to calculate the probabilities of collisions for the following: You are asked to write a program to store information for customers for a small local business.
What is the probability that the sample mean will be within : A population has a mean of 400 and a standard deviation of 80. Suppose a sample of size 125 is selected and x ¯ is used to estimate μ. What is the probability that the sample mean will be within +/- 5 of the population mean (to 4 decimals)? What is t..
Effect on the size of the money supply : When the reserve requirement is increased, what is the effect on the size of the money supply? What is the practical justification of the reserve requirement, besides as a monetary policy tool?
How many moles of oxygen per minute are absorbed : An athlete at high performance inhales of air at 1.0 atm and 298 K at a respiration rate of 32 breaths per minute. If the exhaled and inhaled air contain 15.3 and 20.9% by volume of oxygen respectively,
Mundell-fleming model : Mundell-Fleming Model. Explain the use of the Mundell-Fleming Rule to solve a combination of Unemployment and BOP deficit. Be sure to explain how your policies would fix the imbalances.
Illustrate the complete network and boardroom design : Illustrate the complete network and boardroom design. Design a boardroom in which any department's information can be accessed and expressed.

Reviews

Write a Review

Financial Management Questions & Answers

  The constant-growth dividend discount model

The constant-growth dividend discount model (DDM) can be used only when the ___________.

  The price of corporation stock is expected

The price of Corporation stock is expected to be $68 in 5 years. Dividends are anticipated to increase at an annual rate of 20 percent from the most recent dividend of $2.00. If your required rate of return is 16 percent, how much are you willing to ..

  New project analysis-annual cash flows

You must evaluate a proposed spectrometer for the R&D department. The base price is $270,000, and it would cost another $40,500 to modify the equipment for special use by the firm. The equipment falls into the MACRS 3-year class and would be sold aft..

  What is your incremental cash flow from selling the machine

You purchased a machine for $1.06 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 35%. If you sell the machine today (after three years of depreciation) for $779,000, what is y..

  The investment will result in additional cash flows

Payback is in 2.94 years. Warrior Industries is getting ready to produce a car component by investing $2,700,000. The investment will result in additional cash flows of $600,000, $785,000 and $1,400,000 over the next three years.

  Time line is not meaningful unless cash flows occur annually

Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $50,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 7%. How much would it cost h..

  Market interest rates on similar bonds

General Mills has a $1,000 par value, 12-year to maturity bond outstanding with an annual coupon rate of 8.34 percent per year, paid semiannually. Market interest rates on similar bonds are 9.64 percent. Calculate the bond’s price today.

  Procrastinators anonymous is hosting their annual convention

Procrastinators Anonymous (PA) is hosting their annual convention this coming year in Dallas, TX. Although this is not typical of this organization, they wish to plan ahead to determine what the cost of the keynote banquet ticket should be. Given the..

  Company will maintain this dividend for the next six years

Burkhardt Corp. pays a constant $13.90 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share p..

  What was rate of return from investing in the stock

If during the year you receive a dividend of $2.50 and IBM stock is selling for $130 at the end of year, what was your rate of return from investing in the stock?

  Explain why workers who reached retirement

Explain why workers who reached retirement age in the early years of the Social Security system are perceived to have received a better deal than workers about to retire and those who will retire in the future.

  Regarding revolving credit agreement

Which of the following is not true regarding a revolving credit agreement

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd