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QUESTION 10 What is the tvalue associated with 25 degrees of'eedorn and 20% in the tail? (please round your answerto 3 decimal places) QUESTION 11

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QUESTION 10 What is the tvalue associated with 25 degrees of'eedorn and 20% in the tail? (please round your answerto 3 decimal places) QUESTION 11 Isach Home Depot store must decide how much. paint to order each month. From historical records_ they know that the amount ofpaint they sell during May is distributed as follows: there is a 12% chance demand will be 620 gallons, a 1T% chance that demand will be 850 a 35% chance that demand will be 1400 and otherwise, demand will be 1600 gallons. \"that is the expected value ofdemand for paint? (please express your answer using 2 decimal places) QUESTION 12 Suppose that a grocery store buys milk for $2.10 and sells it for $2.60. lfthe milk gets old then the grocery store can sell their unsold milk back to their wholesaler for $0.60 (so the grocery store loses $1.50 on each. gallon that it has to sell back to the wholesaler). Suppose that the demand for milk is normally distributed with a mean 0132402 gallons per week and a standard deviation of 4?6 gallons per week. The grocery store needs to decide how much milk to order. Suppose that instead oftrying to maximize their expected profits, the store wanted to be 90% sure that they have enough milk to satisfy danand. How much milk should they order? QUESTION 13 A sample ofSS mutual funds was taken and the mean return in the sample was 13.0% with a standard deviation of8.9%. The return on a particular index of stocks (against which the mutual funds are compared) was 11.6%. When testing the hypothesis (at the 5% level of signicance) that the return on activelymanaged mutual funds is higher than an index of stocks= what is the test statistic? (please round your answer to 2 decimal places) QUESTION 14 Suppose that the dividends of dividend-paying stocks are normally distributed with a mean of 3.35% (as a percentage ofthe share price) and a standard deviation of 0.98%. In a sample of 50 dividendpaying stocks, what is the probability that the average dividend will be 3.50% or greater? (please round your answer to 4 decimal places)

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