Suppose that the height of a typical female in a community is normally distributed with mean 64 inches and standard deviation of 4 inches. We observe the height of 500 randomly chosen females. Answer the following with appropriate justification. a. What is the probability that fewer than 35 of the 500 women will be less than 58 inches tall? b. Let X be the number among the 500 women who are less than 58 inches tall. Find the mean and standard deviation

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.