Amanufacturer knows that their items have a normally distributed lifespan, with a mean of 4.5 years, and standard deviation of 1.1 years. if 17 items are picked at random, 3% of the time their mean life will be < how many years? give your answer to one decimal place.

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?