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89. Stopping distance. In an experiment on braking performance, a tire manufacturer measured the stopping distance for one of its tire models. On a test track, a car made repeated stops from 60 miles per hour. Twenty tests were run, 10 each on both dry and wet pavement, with results shown in the following table. (Note that actual braking dis- tance, which takes into account the driver's reaction time, is much longer, typically nearly 300 feet at 60 mph!)
a) Find a 95% confidence interval for the mean dry pavement stopping distance. Be sure to check the appropriate assumptions and conditions, and explain what your interval means.
b) Find a 95% confidence interval for the mean increase in stopping distance on wet pavement. Be sure to check the appropriate assumptions and conditions, and explain what your interval means.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
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