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Rosenberg Land Development (RLD) is a developer of condominium properties in the Southwest United States. RLD has recently acquired a 40.625 acre site outside of Phoenix, Arizona. Zoning restrictions allow at most 8 units per acre. Three types of condominiums are planned: one, two, and three bedroom units. The average construction costs for each type of unit are $450,000, $600,000, and $750,000. These units will generate a net profit of 10%. The company has equity and loans totaling $180 million dollars for this project. From prior development projects, senior managers have determined that there must be a minimum of 15% one-bedroom units, 25% two-bedroom units, and 25% three-bedroom units.
Assume a business researcherwishes to test hypothesis that greater proportion of marketing managers keep track of such obligations.
According to an IRS study, it takes an average of 330 minutes for taxpayers to prepare, copy, and electronically file a 1040 tax form. A consumer watchdog agency selects a random sample of 40 taxpayers and finds the standard deviation of the time ..
Using the 0.99 confidence coefficient, what are the confidence limits for the proportion that plan to vote for the Democratic incumbent.
Of the physics graduates at a university, 30% had a starting salary of $30,000 or more. If five of the graduates are selected at random, find the probability that all had a starting salary of $30,000 or more.
How many waiters and busboys should report for work at the start of each time period to minimize the total staff required for one day's operation.
Using the quadratic equation x2 - 4x - 5 = 0, perform the following assignment Solve by factoring and solve by using the quadratic formula
Let Z be the random variable giving the number of times the second biased coin (coin #2) comes up heads. What is the probability mass function of Z? What is the mean and variance of Z?
Adults is approximately normal with a mean of 191 lbs. and a standard deviation of 20 lbs. Using the 68-95-99.7 rule. What percent of males weigh more than 211 lbs?
Assume that X is normally distributed with a mean of 6 and a standard deviation of 3. Determine the value for x that solves for each of the following.
A subject is just guessing has probability .25 of guessing correctly on each card. What is the probability of exactly 5 correct guesses?
Antidepressant is normally distributed with a mean of 6 lbs and a standard deviation of 3 lbs. What is the probability of weight gain? What is the probability of gaining between 0 and 12 lbs?
The sample standard deviation was 1.1 years. Using the 0.99 degree of confidence, what is the confidence interval for the population mean?
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