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Use a standard spreadsheet program,such as Excel,to find the following probabilities from various distributions analyzed in the current chapter:
a.If Y is distributed ,find Pr(Y ≤ 7.78)
b.If Y is distributed ,find Pr(Y > 18.31)
c.If Y is distributed F10,∞,find Pr(Y > 1.83)
d.If Y is distributed t15,find Pr(Y > 1.75)
e.If Y is distributed t90,find Pr(-1.99 ≤Y ≤ 1.99)
f.If Y is distributed N(0,1),find Pr(-1.99 ≤Y ≤ 1.99)
g.If Y is distributed F10,4,find Pr(Y > 4.12)
h.If Y is distributed F7,120,find Pr(Y > 2.79)
Borrowed Money
Funds that are loaned to an individual or business with an obligation to repay the amount plus interest.
Operating Lease
A lease agreement allowing the use of an asset without ownership, typically involving shorter-term rentals.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Economic Life
The period over which an asset is expected to be productive or provide economic benefits.
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