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Angelina_Jolie [31]
3 years ago
12

The owner of a car wash wants to see if the arrival rate of cars follows a Poisson distribution. In order to test the assumption

of a Poisson distribution, a random sample of 150 ten-minute intervals was taken. You are given the following observed frequencies:
Number of Cars Arriving in a 10-Minute Interval Frequency
0 3
1 10
2 15
3 23
4 30
5 24
6 20
7 13
8 8
9 or more 4
150

The calculated value for the test statistic equals:_______
Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer:

4.832

Explanation:

See attached file

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Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

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<u>Now, the NPV:</u>

NPV= -270,000 + 216,286.57

NPV= -53,713.43

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Which of the following do you NOT need to do upon the completion of an interview a. Draft a formal offer letter b. Evaluate your
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snow_lady [41]

Answer:

True

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