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NEW QUESTION: 1
Oliver McCarthy owns a portfolio of bonds. Which of the following choices equals the modified duration of
Oliver's portfolio?
A. Maximum of the modified durations of component bonds
B. Value-weighted average modified duration of the component bonds
C. Minimum of the modified durations of the component bonds
D. Coupon-weighted average modified duration of the component bonds
Answer: B
NEW QUESTION: 2
Which of these statements describe an undesirable situation when implementing SPC? (Note: There are 2 correct answers).
A. The Control Limits are wider than the customer specification limits
B. Indication of the specification limits on the Control Chart
C. Attempt to use SPC for tracking transaction times at a warehouse
D. A process is in Statistical Control before implementation of SPC
E. The lower Control Limit for the R chart is equal to zero
Answer: A,B
NEW QUESTION: 3
There are 2,000 eligible voters in a precinct. Despite protests from knowledgeable persons that a sample size of 500 was too large in relation to the total, the 500 selected at random were asked to indicate whether they planned to vote for the Democratic incumbent or the Republican challenger. Of the 500 surveyed, 350 said they were going to vote for the Democratic incumbent. Using the 0.99 confidence coefficient, what is the confidence limits for the proportion who plan to vote for the Democratic incumbent?
A. 0.397 and 0.797
B. 0.612 and 0.712
C. 0.060 and 0.700
D. None of these answers
E. 0.826 and 0.926
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Interval estimate can be found from p +/- z[p(1-p)/n]
PDF Version Demo
