distribution To calculate the covariance and understand its use in finance To compute probabilities from binomial‚ hypergeometric‚ and Poisson distributions How to use the binomial‚ hypergeometric‚ and Poisson distributions to solve business problems Copyright ©2012 Pearson Education‚ Inc. publishing as Prentice Hall Chap 5-2 Definitions Random Variables A random variable represents a possible numerical value from an uncertain event. Discrete random variables produce outcomes that
Premium Random variable Probability theory Binomial distribution
The Problem and Solution of the Reckless Driving Cars were invented as to fulfil the people needed for transportation. But then‚ some of the drivers are practicing different kinds of reckless driving method on the road although they know that the driving was defensively global demand to use car. There are many reason and causes by reckless driving. Other than that‚ this problem is the major causes that vehicle losing control. Car manufacture produce car that trusted to be safe when on the road
Premium Tram accident Accidents Road accidents
considering I have so many kids to provide for. Well it happens everyday to people everywhere all over the world. One of the major problems causing this is called hacking which is defined by the company who created the website the free dictonary dot com‚ Houghton mifflin company‚ as to gain access to a computer file or network illegally or without authorization. It is a big problem not just here but in other countries as well.One incident id like to mention is the playstation store being hacked into Now
Premium Credit card Computer security .hack
hobby this month: planting‚ and was completely obsessed with it. The whole front lawn was covered with all sorts of plants‚ and just a few days ago‚ Tim had gotten a beating from Mum because he plucked her roses to decorate the toilet. What was the problem today? Reluctantly‚ I entered the house. Mum screamed at Tim‚ “NO‚ I will not get you a superhero backpack! Your current bag is good enough! Do you know how much I have to work just to feed you all since your father left? You are already very lucky
Premium Thought
assuming monthly compounding? a. 119‚152.42 b. 119‚162.42 c. 119‚172.42 d. 119‚182.42 e. None of the above Solution: The answer is A. FV=-138‚000; I/Y=2.45; N=72; C/Y=P/Y=12; CPT PV 2. First Bank of Midesto Medeque pays a 9.45% nominal rate of interest compounded weekly. What is the effective rate of interest? a. 9.60% b. 9.70% c. 9.80% d. 9.90% e. None of the above Solution: The answer is D. ICONV: NOM=9.45; C/Y=52; CPT EFF3. QKL Co. plans a new project that will generate $ 265‚000 of
Free Compound interest Time value of money Interest
Department of Economics University of California‚ Berkeley Fall 2012 Econ 182 Solutions Problem Set 8 Problem 1. Exchange Rates and International Transmission a. Suppose that the US engages in a monetary expansion. Since exchange rate is pegged to the US dollar‚ country X’s monetary authorities are forced to expand their money supply as well (recall that i = i* under FixER). Interest rates fall in country X‚ output expands‚ and of course the exchange rate remains unchanged. On the AA-DD diagram
Premium Inflation Monetary policy Foreign exchange market
Problem-Solving Model Describe the Situation Classic Airlines consists of 375 aircraft that travel to 240 cities more than 2300 times per day with a workforce of 32‚000 personnel. Classic Airlines’ revenue was in excess of $8.7 billion last year bringing in a $10 million dollar profit and establishing the airline as the fifth largest air travel company in the world. Despite good sales and profits‚ Classic Airlines has been receiving harsh criticism from their customers resulting in
Premium Customer relationship management Marketing
How to Find A Writing Topic Problem-Solution Essays Have you ever received a problem-solution essay where you cannot think of anything to write? Although many of the forty million students in America go through this at one time or another‚ don’t despair! There are several systematic ways to find a writing topic. Some topics take no research at all. Let’s look at a few of them. First‚ the local newspaper may contain some interesting articles. The newspaper can be used as a utility to the writing
Free Essay Writing Journalism
and Canada receive 20% of their electric power from nuclear plants. The rest of the world is at 6% but rising. The benefits drive the nuclear energy movement and continue to do so and the proponents of nuclear power see this as an indispensable solution in reducing the consumption of conflict-ridden fossil fuels. Opponents of nuclear power also make a strong case citing cost‚ safety and justified global concern of waste storage and the potential for nuclear weapons in areas where terrorism is a
Premium Nuclear power Nuclear fission
Solution: Computation of: Revenue Simple returns = (service fee‚ $50) x no. of simple returns demand Complex returns = (service fee‚ $200) x no. of complex returns demand Cost of permanent employees Payment for accountant = (regular rate‚ $600 per week) x no. of permanent accountant Payment for computer system = (per computer rate‚ $175 per week) x no. of accountants who access to the computerized system Total permanent costs = payment to accountant
Premium Costs Money Computing