# A consensus forecast is the average of a large number of Individual analysts' forecasts. Suppose the...

###### Question:

A consensus forecast is the average of a large number of Individual analysts' forecasts. Suppose the individual forecasts for a particular Interest rate are normally distributed with a mean of 3 percent and a standard devlation of 1.3 percent. A single analyst Is randomly selected. Find the probability that his/her forecast Is (e) At least 4.0 percent. (Round the z value to 2 decimal places. Round your answer to 4 decimal places.) P (b) At most 7 percent. (Round the z value to 2 decimal places. Round your answer to 4 decimal places.) P (c) Between 4.0 percent and 7 percent. (Round the z value to 2 decimal places. Round your answer to 4 decimal places.)

#### Similar Solved Questions

##### P (a) How many bright fringes appear between the first diffrac-P tion-envelope minima to either side...
P (a) How many bright fringes appear between the first diffrac-P tion-envelope minima to either side of the central maximum in a double-slit pattern ifA 550 nm, d 0.150 mm, and a - 30.0 pm? (b) What is the ratio of the intensity of the third bright fringe to the intensity of the central fringe? ssm...
##### 11. (1 pt) A DC motor will be damaged if operated without a load. 12. (1...
11. (1 pt) A DC motor will be damaged if operated without a load. 12. (1 pt) Given an inductive AC circuit and the two meters, you can measure real power / apparent power (select one). 13. (2 pts) Calculate the current through each element of the given circuit. For full credit, add lines showing the...
##### Show work on excel show steps on excel Exercise 3.4. How much should you deposit into...
show work on excel show steps on excel Exercise 3.4. How much should you deposit into an account that pays 4% interest compounded semi-annually so that you end up with around \$30,000 after 10 years?...
##### It is known from past information that the average house in America has 2.5 bedrooms. Suppose...
It is known from past information that the average house in America has 2.5 bedrooms. Suppose I take a sample of 28 houses now and find that the average number of bedrooms the homes have is 2.85 with a sample standard deviation of .83. I’m interested in seeing if there is evidence that the ave...
##### Table 14.4 Fundamental Theoremsdtb)-a) or Calculus Fundamental Theorem f.dr-un-nA) of Line Integr...
need help with 4. need to identify best theorem to use and find solution. Table 14.4 Fundamental Theoremsdtb)-a) or Calculus Fundamental Theorem f.dr-un-nA) of Line Integrals Green's Theorem Circulation form) Stokes' Theorem F-nds Divergence Theorem Evaluate the line integral for the follow...
##### Suppose a force of 40 N is required to stretch and hold a spring 0.1 m from its equilibrium position. a. Assuming the spring obeys Hooke's law, find the spring constant k. b. How much work is req...
Suppose a force of 40 N is required to stretch and hold a spring 0.1 m from its equilibrium position. a. Assuming the spring obeys Hooke's law, find the spring constant k. b. How much work is required to compress the spring 0.2 m from its equilibrium position? c. How much work is required to str...
##### How do you simplify (18+sqrt567)/9?
How do you simplify (18+sqrt567)/9#?...
##### A solution of NaOH needed to be standardized before use in other titrations.   If 0.356 g...
A solution of NaOH needed to be standardized before use in other titrations.   If 0.356 g of KHP (MW = 204.23 g/mol ) required 30.89 mL of the base to reach the equivalence point, what is the concentration of NaOH? Write a balanced equation to verify titrant: analyte ratio....
##### How many odd four-digit numbers, all of the digit different can be formed from the digits 0 to 7, if there must be a 4 in the number
How many odd four-digit numbers, all of the digit different can be formed from the digits 0 to 7, if there must be a 4 in the number?My Answer:There are four options for the last digit (1, 3, 5, or 7). One of the other three digits only has 1 option (for the 4). One of the other remaining digits wil...
##### Three different capacitors are connected in series with a Vo 1.00 V potential source, as shown...
Three different capacitors are connected in series with a Vo 1.00 V potential source, as shown in the figure below. Let C1- 120 nF, C2 -228 nF C3 -251 nF. Calculate the voltage across the middle capacitor, C2. Enter answer here 2.63 Volts 2.63 Volts nower Your...