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Do exponentially distributed random numbers have the memoryless property? Here is one way to find out. Generate many exponentially distributed random numbers with mean 3, using the formula in the previous problem. Find the fraction of them that are greater than 1. This estimates the probability P(X > 1). Now find all random numbers that are greater than 4. Among these, find the fraction that are greater than 5. This estimates the probability P(X > 4 + 1|X > 4). According to the memoryless property, these two estimates should be nearly equal. Are they? Try to do this without freezing the random numbers, so that you can get repeated estimates of the two probabilities by pressing the F9 key
the cash account for santiago co. on may 31 2011 indicated a balance of 15515.00. the march bank statement indicated an
1.prepare journal entries without explanations for the following transactions. write no entry if none is needed.a.
Formulate a model for this problem. Specifically, do the following: Identify the decision variables (make sure that you specify the units for these variables). Specify the objective function and the relevant constraints.
Believing that its share price was depressed due to general market conditions, Kenya's board of directors authorized the reacquisition of 250,000 shares of common stock. These treasury shares were purchased at $10 per share.
Apollo Shoes is satisfied with the services your firm offers and wants to continue with the audit. Apollo Shoes would like you to prepare a letter explaining how you plan to begin the audit process.
Calculate the operating income or loss at a sales volume of30,000 tennis balls. Calculate the number of tennis balls that must be sold to earn aprofit of $80,000.
Fraud awareness training should be: a. broad and all encompassing b. extensive and include details for all functional areas c. specifically related to the employee's job responsibility
a)Each of the following situations occurred during 2013 for one of your audit clients:
x company prepares monthly financial statements. the company rents a fax machine. the rental agreement calls for a 300
northeast airlines is considering two alternatives for the financing of a purchase of a fleet of airplanes. these two
Ellis Transport Company acquired 1.2 million shares of stock in L&K Corporation at $44 per share.
What are the tax consequences to Oriole Corporation on the distribution of the land? If the land is, instead, subject to liability of $700,000, what are the tax consequences to Oriole on the distribution?
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