A local university reports that 10% of their students take their general education courses on a pass/fail basis. Assume that fifteen students are registered for a general education course

a. What is the expected number of students who have registered on a pass/fail basis?
b. What is the probability that exactly five are registered on a pass/fail basis?
c. What is the probability that more than four are registered on a pass/fail basis?
d. What is the probability that less than two are registered on a pass/fail basis?


a. 1.5
b. 0.01050
c. 0.0127
d. 0.5491

Business

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The face value is $82,000, the stated rate is 10%, and the term of the bond is eight years

The bond pays interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bond at the market rate? Present value of $1: 4% 5% 6% 7% 8% 15 0.555 0.481 0.417 0.362 0.315 16 0.534 0.458 0.394 0.339 0.292 17 0.513 0.436 0.371 0.317 0.270 18 0.494 0.416 0.350 0.296 0.250 19 0.475 0.396 0.331 0.277 0.232 Present value of annuity of $1: 4% 5% 6% 7% 8% 15 11.118 10.380 9.712 9.108 8.559 16 11.652 10.838 10.106 9.447 8.851 17 12.166 11.274 10.477 9.763 9.122 18 12.659 11.690 10.828 10.059 9.372 19 13.134 12.085 11.158 10.336 9.604 A) $91,561 B) $47,773 C) $43,673 D) $84,788

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During the hiring interview, Supervisor Staci told Henry that as long as he did his job as requested, he would have a job until he retired. Courts have been willing to enforce such an oral promise, even if the company's top management did not approve the statement.

Answer the following statement true (T) or false (F)

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