Assume the probability that you will make a sale on any given telephone call is 0.22. Find the probability that you (a) make your first sale on the fifth call, (b) make your sale on the first, second, or third call, and (c) do not make a sale on the first three calls.
Consider the case that each person can park only in the lot assigned to him or her (no pooling). Estimate the probability that on a peak day, at least one faculty member with a sticker will be unable to find a spot. Hint : The actual number of people showing up at parking lot 1 is modeled as a binomial random variable with n=200 and p=0.7.
A. There is about a 11.3% chance of at least one person not finding a space.
B. There is about a 0% chance of at least one person not finding a space.
C. There is about a 2.9% chance of at least one person not finding a space.
D. There is about a 14.8% chance of at least one person not finding a space.
On June 25, 20X1, a taxpayer places in service 5-year listed property with an MACRS basis of $10,000. The taxpayer uses the property 65% for business during 20X1 and depreciates the property using regular (accelerated) MACRS. During 20X2, the taxpayer's business usage drops to 40%. The taxpayer's depreciation expense for the property in 20X2 is:
- 5 years ago
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