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So, the three guests' cost of the room, including the bellhop's tip, is $27. Each of the 3 guests has $1 in his pocket, totaling $3. When added to the $27 revised cost of the room (including tip to the bellhop), the total is $30. To obtain a sum that totals to the original $30, every dollar must be accounted for, regardless of its location.
In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
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Consider a bond with a $1000 face value, 5% coupon rate and 6.5% annual yield, with maturity in 5 years. The steps to compute duration are the following: 1. Estimate the bond value The coupons will be $50 in years 1, 2, 3 and 4. Then, on year 5, the bond will pay coupon and principal, for a total of $1050.
Online sales dropped 6.1% in the quarter; it made up 30.8% of total US revenue, slightly more than the 30.5% from a year ago. The company's service category, like its membership offerings, helped ...
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