Answer:
(a) 0.932
(b) 0.0653
(c) 0.032
(d) 0.316
(e) 0.251
Step-by-step explanation:
From the table with mean parameter μ = 5, we can compute the following cumulative and density probability
(a)
(cumulative)
(b) P(X = 8) = 0.0653 (density)
(c)
(cumulative)
(d)
(cumulative)
(e) 
Answer:
Present Value = $1666666.67
Step-by-step explanation:
Present Value of a Growing Perpuity is calculated using the following formula
PV =D/(r - g)
Where D = Dividend
r = Discount Rate
g = Growth rate
D = $50,000
r = 7%
r = 7/100
r = 0.07
g = 4%
g = 4/100
g = 0.04
PV = D/(r-g)
Becomes
PV = $50,000/(0.07-0.04)
PV = $50,000/0.03
PV = $1,666,666.67
So the Present Value of the perpuity is $1,666,666.67
Answer:
P (S∩E) = 0.1591
Step-by-step explanation:
Let the stockholders be donated by S then the P (s)= 0.43
Let the stockholders having some degree be donated by D then the P (d)= 0.75
Let the American having some college degree be donated by E then the
P (E)= 0.37
As the events are independent their joint probability can be found by multiplying the individual probabilities
P (S∩E) = P(s) . P (E)= 0.43 * 0.37= 0.1591