Length of the part in millimeters
Suppose that the random variable X represents the length of a punched part in centimeters. Let Y be the length of the part in millimeters. If E(X) = 5 and V(X) = 0.25, what are the mean and variance of Y?
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USA Today ran a report about a UNC poll of 1248 adults from the southern U.S. It was reported that 8% of those surveyed believe that Elvis Presley still lives. The article began with the claim that "almost 1 out of 10" Southerners still thinks Elv
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Based on material presented in these chapters, discuss the pros and cons of borrowing to finance real estate investments. As part of your answer, describe at least two considerations that would always be a negative for debt for any investor.
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