Graduate Internships
The chairman of the Biology department in a certain college believes that 70% of the department's graduate internships are given to international students.A random sample of 50 graduate interns is taken.
-{Graduate Internships Narrative} Find the expected value and the standard error of the sampling distribution of 
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Definitions:
Treasury Bond
A long-term, interest-bearing security issued by the U.S. government considered a safe investment with maturity periods typically over 20 years.
Coupon
The periodic interest payment made to bondholders during the life of a bond.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, accounting for its current market price, par value, coupon interest rate, and time to maturity.
Current Yields
The annual income (interest or dividends) from an investment divided by the current price of the security, expressed as a percentage.
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