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Interest Rates The Following Represent Interest Rates on 20 U.S.Treasury Bond Issues

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Interest rates
The following represent interest rates on 20 U.S.Treasury bond issues with maturity dates in 2000-2001,as listed in Money Magazine: Interest rates The following represent interest rates on 20 U.S.Treasury bond issues with maturity dates in 2000-2001,as listed in Money Magazine:   -Determine the probability that a randomly selected bond will have a rate of interest of at least 14 percent,but less than 15 percent.
-Determine the probability that a randomly selected bond will have a rate of interest of at least 14 percent,but less than 15 percent.

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Definitions:

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Prediction

The act of forecasting or determining the likelihood of future events or outcomes based on current or past data.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing being explained.

Knowledge

Information, understanding, or skill that a person acquires through experience or education.

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