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Consider two design alternative each with a 10-year design life and the following cash flows: initial con- struction Uj; annual operating costs, Ej; annual maintenance costs, Mj; and salvage cost, Sj, at the end of the design life (analysis period). The alternatives are the same with only one exception: for Alternative 1, there is an amount (a benefit) in Year 1, while for Alternative 2 that amount (benefit) occurs in Year 9.
(a) Which alternative is superior?
(b) If the amounts were costs and not benefits, which alternative would be superior?
(c) What conclusions can you draw from your answers to (a) and (b) about the influence of the timing of amount occurrence on economic evaluation.
the weights of ripe watermelons grown at mr. smiths farm are normally distributed with a standard deviation of 2.1 lb.
in the field of quality control the science of statistics is often used to determine if a process is out of control.
What is an independent sample? What is a related sample? When should researchers use different hypothesis tests for independent and related samples?
The management of a bank in the Caribbean was concerned about the potential loss that might occur in the event of a hurricane. The bank estimated that the loss from one of these storms could be as much as $100 million including losses due to inter..
The information below shows the cost for a year of college in public and private colleges in 1980-81 and 2007-08. What is the geometric mean annual increase for the period for the two types of colleges?
a population is normal with a variance of 17. suppose you wish to estimate the population mean u. find the sample size
Historically, it is known that the score has a Normal distribution and a standard deviation of 180. Set up the null hypothesis and the alternative hypothesis. Calculate the test statistic and find the p-value.
Compute the probability that a random sample of 50 infants born at full term results in a sample mean of less than 3500 grams.
The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $8.20. Assume the stock prices are normally distributed.
a researcher randomly selects a sample of participants from a population with a variance of 4. if the researcher
a genetics lab wants to alter a species of mosquitoes so that the mean life span becomes shorter. to test whether their
Use this information to find the upper and lower limits of the first class if you wish to construct a frequency distribution with 10 classes.
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