Question: KINDLY NOTE THAT IT IS A CLOSED BOOK TEST AND ENGAGING IN ANY KIND OF ACADEMIC DISHONESTY WILL RESULT IN A GRADE OF 0

KINDLY NOTE THAT IT IS A CLOSED BOOK TEST AND ENGAGING IN

KINDLY NOTE THAT IT IS A CLOSED BOOK TEST AND ENGAGING IN ANY KIND OF ACADEMIC DISHONESTY WILL RESULT IN A GRADE OF 0 (ZERO) FOR THE QUIZ AND A WARNING. Question 13 A balance sheet is designed to show: The assets, liabilities, and owners' equity of a business as of a particular date. O The profitability of the business during the current year. O The cost of replacing the assets and of paying off the liabilities at December 31. O How much a business is worth. 3 pts

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The race in Exercise

Input Data.xls in the Book Examples folder has the f nishing times (in minutes) of 447 runners from several recent years. Fit a probability distribution to these data.

will have 125 runners this year. Develop a simulation model of the race and note the f rst-place and the last-place times, using the f tted distribution you found in Exercise