Confidence interval for the true proportion of printers
A random sample of 70 printers discovered that 30 of them were being used in small businesses. Find the 95 % confidence interval for the true proportion of printers that are used in small businesses.
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Why are the basic financial statements of a government %u 2014more so than those of abusiness%u2014inadequate as a basis for assessing the entity%u2019s fiscal health?
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The events X and Y are mutually exclusive. Suppose P(X) = .05 and P(Y) = .02. What is the probability of either X or Y occurring? What is the probability that neither X nor Y will happen?
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Hiawatha Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $205,000. The equipment will have an initial cost of $966,000 and have a 6 year life.
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