The following chart shows the results of a survey of the status of subprime home mortgages in Texas in a certain year.MortgageStatusCurrentFrequency 134Past Due In Foreclosure RepossessedPast DueIn ForeclosureRepossessed6231(The four categories are mutually exclusive; for instance, "Past Due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "In Foreclosure" refers to a mortgage that isin the process of being foreclosed but not yet repossessed.)(a) Find the relative frequency distribution for the experiment of randomly selecting a subprime mortgage in Texas and determining its status.Current(b) What is the relative frequency that a randomly selected subprime mortgage in Texas was not current? HINT [See Example 2.]

A frequency table is given we find relative frequency (R.F.) by using the formula R. F. = frequency…

Answered: The following chart shows the results…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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S S Question 1 of 34 While examining the December 31, 2014 financial statements of Dawn Company, you discover the following: a) Inventory at January 1, 2014 had been overstated by P30,000. b) Inventory at December 31, 2014 was understated by P50,000. During 2014, Dawn received a P100,000 cash advance from a customer for merchandise to be manufactured and shipped during 2014. The amount was credited to sales revenue. d) The net income reported on the 2014 profit or loss before reflecting any adjustments for the above items is P3,000,000. What is the corrected net income for the year ended December 31, 2014? Select the correct response: Php 2,920,000 Php 2,980,000 Php 3,040,000 Php 3,080,000 Continue>
Monthly Sales 6267.19 7058.06 7119.5 7147.18 7198.52 7298.09 7325.7 7335.68 7355.97 7481.05 7490.23 7530.08 7616.09 7682.69 7684.14 7704.12 7704.98 7779.28 7798.23 7815.15 7844.16 7890.21 7977.6 7993.16 8021.03 8028.37 8068.86 8082.42 8096.17 8119.25 8129.21 8190.68 8255.28 8282.44 8376.31 8392.4 8400.95 8451.16 8456.66 8505.35 8539.25 8543.65 8573.05 8641.78 8667.48 8751.08 8777.97 8800.08 8888.65 8907.03 9096.87 9241.74 9411.68 9450.73 9484.62 9514.57 9521.4 9524.91 9733.44 10123.24 Given the company’s performance record and based on the empirical rule of normal distribution (also known as the 68%-95%-99.7% rule), what would be the lower bound of the range of sales values that contains 68% of the monthly sales? What would be the upper bound of the range of sales values that contains 68% of the monthly sales?
Suppose the charge account of Strong's Mailing Service at the local supply store had a 1.8% interest rate per month on the average daily balance. Find the average daily balance if Strong's had an unpaid balance on March 1 of $146.60, a payment of $40 posted on March 11, and a purchase of $22.60 posted on March 18. The billing cycle ends March 31. The average daily balance is $. (Type an integer or decimal rounded to the nearest hundredth as needed.) C
I1) rom Example 10: 750,000 as extracted from the trial balance as on 31st March 2016. It includes the bad debts of Mr. Ramesh (debtor) 71,000 which could not be recovered from him. You are required to pass an adjusting ehuy ana present these items in the final accounts.
B1
Please do the following questions with full handwritten working out
Table 1: Accumulated Interest Year 1 Lower-Risk Customer Higher-Risk Customer ACCUMULATED INTEREST Figure 1: Accumulated Interest 14,000.00 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 0 1 1,396.55 2,605.48 2 3,190.68 3,190.68 6,096.38 8,628.07 10,668.88 1,396.55 Accumulated Interest 2 6,096.38 Ⓒ2,605.48 3 Lower-Risk Customer 3,602.39 4,359.66 4,846.10 3 8,628.07 4 3,602.39 YEAR Ⓒ10,668.88 Ⓒ4,359.66 Higher-Risk Customer 5 Ⓒ12,065.44 5 Ⓒ4,846.10 12,065.44 12,616.45 5,026.46 6 6 Ⓒ12,616.45 5,026.46 4) Using the graph in 3), calculate the difference in the accumulated interest amount earned in year 5 by the credit card company charging 27.5 % versus 12.3% nominal annual rate of interest. 7
yeal estate filum com borrow at money MOn
The following information was taken from the financial records of Sodigaz, Inc. Year 2 Year 1 Sales $285,000 $278,500 Accounts receivable: Beginning of year 29,600 18,900 End of year 41,000 29,600 The number of days' sales in receivable for Year 2 is a. 31.8 b. 38.8 c. 24.8 d. 45.2
4

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