Determine the mean and standard deviation of the random

Assignment Help Financial Management
Reference no: EM13978038

1.The average age of freshman college students is 18.5 years, with a standard deviation of 0.4 years.

a. Let xÌ... denote the mean age of a random sample of n = 50 students. Determine the mean and standard deviation of the random variable xÌ....

b. Repeat part (a) with n = 100 students. 

Reference no: EM13978038

Questions Cloud

Importance for screening for std and breast cancer : Community education projects, you are going to teach them about the importance for screening for STD, BREAST CANCER, TESTICULAR CANCER AND DEPRESSION
Merged firms versus partners making complementary products : Evaluate the costs & benefits of Microsoft’s decision to produce the Surface tablet completely in-house in light of what you know about merged firms versus partners making complementary products. Why do you think they chose to produce it this way?
What are the major motives for undertaking FDI : What are the major motives for undertaking FDI for a small firm whose sales are dwindling in its home market? For firm what wants to enter a country with high trade barriers? For a firm with high manufacturing costs in its home market? For a hotel ch..
Describe a world where the opposite of lenz law applies : Describe a world where the opposite of Lenz's law applies, that is where the EMF or current is in the same direction to the direction that caused it .
Determine the mean and standard deviation of the random : Let xÌ... denote the mean age of a random sample of n = 50 students. Determine the mean and standard deviation of the random variable xÌ....
What assumption of the perfect competition model : Perfectly competitive markets are considered by economists to be effcient. Therefore government should let those markets run freely without intervention. The provisions of health care insurance, however, are mostly regulated by government in most dev..
Discusses the new genetics : Cockerham discusses the "New Genetics." He points out the distinction between "therapeutic" and "reproductive" cloning. Therapeutic cloning is the cloning of human organs for the purpose of replacing the diseased organs of sick people. Reproductiv..
What is virtual photon pair, does photon has anti particle : When describing a black hole evaporation in the hawking black body radiation it is usually said that is due to a virtual photon pair, is it this what happens? And what is virtual photon pair, does the photon has anti particle or it is its own ? I ..
Find magnitude of force exerted on pivot point by see-saw : You have selected a child of mass m = 28 kg (shown on the right), and an adult of mass n =4 times the mass of the child (shown on the left) to test out your prototype. Determine the magnitude of the force exerted on the pivot point by the see-saw i..

Reviews

Write a Review

Financial Management Questions & Answers

  Continuously compounded lump sum investment

You have your choice of 3 investments. Investment A is a 15-year annuity that features end of month $1500 payments and has an interest rate of 5.5% compounded monthly. Investment B is a 5 percent continuously compounded lump sum investment also for 1..

  How does the current policy compare with the optimal policy

New England Charm, Inc. specializes in selling scented candles. The company has established a policy of reordering inventory every 30 days. A recently employed MBA has considered New England's inventory problem from the EOQ model viewpoint. If the fo..

  What is the practical use of country risk rating analysis

Define political risk. Give an example of political risk for multinational corporations. 1. How is political risk different from the country-risk notion? What is the practical use of country risk rating analysis for multinational-corporation managers..

  Direct installment loan differs from an indirect installment

Explain how a direct installment loan differs from an indirect installment loan.

  As the risk of stock investment increases-investors

As the risk of a stock investment increases, investors'

  How each explains the yield curves shape

What are the theories (including strengths and weaknesses) about the yield curve and how each explains the yield curves shape?

  What is the additional cash flow in year three

A new piece of equipment costs $100,000 and another $20,000 to modify it for its special use by your firm. The machine falls into the MACRS 3-year class, so that over its 4-year life the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81% ..

  Describe accurately the three parts of the dupont formula

Which three of the following list describe accurately the three parts of the DuPont formula?

  Compute the potential dilution from this new stock issue

The Houston Corp. needs to raise money for an addition to its plant. It will issue 300,000 shares of new common stock. The new shares will be priced at $60 per share with an 8.5% spread on the offer price. Registration costs will be $150,000. Present..

  Loan outstanding problem

You currently have a one-year-old loan outstanding on your car. You make monthly payments of $350. You have just made a payment. The loan has four years to go (i.e., it had an original term of five years.) Show the timeline from your perspective. How..

  Current yield for annual payments

Heath Food's bonds have 25 years remaining to maturity. The bonds have a face value of $1,000 and a yield to maturity of 7%. They pay interest annually and have a 6% coupon rate. What is their current yield

  Compute the price of a bond

The Florida Investment Fund buys 98 bonds of the Gator Corporation through a broker. The bonds pay 12 percent annual interest. The yield to maturity (market rate of interest) is 14 percent. The bonds have a 20-year maturity. Compute the total value o..

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