week 2

Statistics Guide: Customers experiencing technical difficulty with their internet cable hookup may call an 800 number for technical support

Student Question: Customers experiencing technical difficulty with their internet cable hookup may call an 800 number for technical support. It takes the technician between 150 seconds and 12 minutes to resolve the problem. The distribution of this support time follows the [...]Read more

What is the value at the end of year 8 of a $1,200 deposit at the beginning of year 1 and another $800 deposit at the beginning of year 5 if the interest rate is 6%?

Student Question: What is the value at the end of year 8 of a $1,200 deposit at the beginning of year 1 and another $800 deposit at the beginning of year 5 if the interest rate is 6%? In excel, setup a row for each year in the problem. This is necessary because we have the extra [...]Read more
 

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