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Part I:
Use Table (https://www.itl.nist.gov/div898/handbook/eda/section3/eda3671.htm) to find the proportion of the normal curve that is
1) Between a z-score of .60 and the mean2) Between a z-score of 1.60 and the mean3) At or above a z-score of 1.304) At or below a z-score of 1.305) At or below a z-score of -1.006) At or above a z-score of -1.007) Between the z-scores of -1.00 and .608) Between the z-scores of -1.50 and .659) Between the z-scores of -1.96 and .25
Part II:
1. What percentage of a normal distribution is within 2 standard deviations of the mean? (Select the closest answer) The lengths of time bank customers must wait for a teller are normally distributed, with a mean of 3 minutes and a standard deviation of 1 minute. 2. What proportion of bank customers waits between 2 and 3.5 minutes
a. What percentage wait more than 4 minutes? b. What proportion waits between 1 and 2.5 minutes? c. What percentage wait less than 1 minute? 3. To estimate the medical charges for an appendectomy Blue Star Insurance has data from a random sample of 70 patients. The sample mean cost is $510, with a sample standard deviation of $70 Construct a 95% confidence interval for the population mean cost. 4. We are 95% confident that the populations mean costs of patients' medical charges for an appendectomy through Blue Star Insurance range is between _____________ and ________________. A real estate agent records the ages of 50 randomly selected home buyers in her sales area. The mean age is 38 years, with a sample standard deviation of 10 years. Find a 99% confidence interval for the mean age.
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.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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
CAPM and Venture Capital
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