Dr. tarun gupta, a michigan vet, is running a rabies vaccination clinic for dogs at the local grade school. tarun can shoot a dog every 4 minutes. it is estimated that the dogs will arrive independently and randomly throughout the day at a rate of one dog every 5 minutes according to a poisson distribution. also assume that taruna's shooting times are exponentially distributed.

compute the following:

a) the probability that tarun is idle.

b) the proportion of the time that tarun is busy.

c) the average number of dogs being vaccinated and waiting to be vaccinated.

d) the average number of dogs waiting to be vaccinated.

e) the average time a dog waits before getting vaccinated.

f) the average amount of time a dog spends waiting in line and being vaccinated.

The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.