Examlex
After taking a speed-reading course, students are supposed to be able to read faster than they could before taking the course. A pilot sample of n = 25 students showed a mean increase of 300 words per minute with a standard deviation equal to 60 words per minute. To estimate the population mean with 95 percent confidence and a margin of error of ±10 minutes, the required sample size is approximately 139 students.
Appreciation
An increase in the value of an asset over time, often due to changes in market demand or supply, inflation, or other economic factors.
Market Yield
The interest rate that investors demand for buying securities currently available in the market.
Semiannually
Pertains to an event or action occurring twice a year, typically every six months.
Maturity
The period of time or deadline after which an obligation, such as a bond or loan, must be repaid in full.
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