Which of the following is NOT something you can do with an operating characteristic curve?
A) Decide what sample size to use in designing a control chart. B) Decide how many samples to select in designing a control chart. C) Find the probability of making a Type I error. D) Find the probability of making a Type II error.
Forestville has a total assessed valuation of $340,000,000. The amount to be raised by taxation is $6,290,000. A building in Forestville has an assessed valuation of $120,000. Compute the amount of taxes the building owner will pay.
Monty purchased a strip bond for his RRSP. He paid $3,800 for a $5,000 face value bond with three years remaining until maturity. What semiannually compounded rate of return will he realize over the three years?