Trading skills of institutional investors. Managers of stock portfolios make decisions as to what stocks to buy and sell in a given quarter. The trading skills of these institutional investors were quantified and analyzed in The Journal of Finance (April 2011). The study focused on "round-trip" trades, i.e., trades in which the same stock was both bought and sold in the same quarter. Consider a random sample of 200 round trips made by institutional investors. Suppose the sample mean rate of return is 2.95% and the sample standard deviation is 8.82%. If the true mean rate of return of round-trips is positive, then the population of institutional investors is considered to have preformed successfully.
a) Specify the null and alternative hypotheses for determining whether the population of institutional investors preformed successfully.
b) Find the rejection region for the test using alpha=0.05.
c) Interpret the value of alpha in the words of the problem.
d) Give the appropriate conclusion in the words of the problem.

Answers

Answer 1

a) Null Hypothesis: The true mean rate of return of round-trips is not positive. Alternative Hypothesis: The true mean rate of return of roundtrips is positive.

b) Rejection region is defined as the left tail. For this, the critical value is obtained using α as 0.05 and degrees of freedom as 199. The T-Score can be obtained as -1.64485363 using the T-Distribution Calculator, or Table.

c) The value of α is the level of significance used in the hypothesis test. Here, the level of significance is set to 0.05.

d) The null hypothesis will be rejected if the test statistic is less than -1.64485363. If the null hypothesis is rejected, it can be concluded that the population of institutional investors performed successfully. If the null hypothesis is not rejected, it can be concluded that the population of institutional investors did not perform successfully.

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Related Questions

Find the difference. Write your answer in simplest form.

9/10 - 5/10

Answers

Answer:

2/5 is the simplest form.

Step-by-step explanation:

9/10 - 5/10 = 4/10 (9 - 5 = 4) 4/10 simplified is 2/5 (divide both 4 and 10 by 2 and you get 2/5).

Hope that helps!

What is angle BXC and why?? Please help

Answers

Answer:

BXC=70 degrees

Step-by-step explanation:

XBC = 55

corresponding angles are equal

XCB=55

isosceles base angles are equal

BXC=70

angles in a triangle add up to 180 degrees

using cramer’s rule, what are the values of x and y in the solution to the system of linear equations below?

Answers

The value of x =-3 and y=1 in the system of linear equation.

Given equations

-2x+3y+z=7

-4x-y-2z=15

x+2y+3z=-7

Using cramer's rule to find x and y

First we make matrix of coefficient of x,y and z and then find the determinant

[tex]A = \left[\begin{array}{ccc}-2&3&1\\-4&-1&-2\\1&2&3\end{array}\right][/tex]

Now we find determinant of A

|A|=-2(-3+4)-3(-12+2)+1(-8+1)

|A|=21

[tex]A_x=\left[\begin{array}{ccc}7&15&-7\\-4&-1&-2\\1&2&3\end{array}\right][/tex]

Determinant of Ax

|Ax|=7(-3+4)-3(45-14)+1(30-7)

|Ax|=-63

[tex]A_y=\left[\begin{array}{ccc}7&15&-7\\-4&-1&-2\\1&2&3\end{array}\right][/tex]

Determinant of Ay

|Ay|=-2(45-14)-7(-12+2)+1(28-15)

|Ay|=21

[tex]A_z=\left[\begin{array}{ccc}-2&3&1\\-4&-1&-2\\7&15&-7\end{array}\right][/tex]

Determinant of Az

|Az|=-2(7-30)-3(28-15)+7(-8+1)

|Az|=-42

Now we find for x, y and z

[tex]x=\frac{|A_x|}{|A|}[/tex]

= -63/21 = -3

[tex]y = \frac{|A_y|}{|A|}[/tex]

= 21/21 = 1

[tex]z = \frac{|A_z|}{|A|}[/tex]

= -42/21

= 2

Thus, the value of x =-3 and y=1 in the system of linear equation.

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Given question is incomplete, the complete question is below

using cramer’s rule, what are the values of x and y in the solution to the system of linear equations below?

Question 2 of 10
If f(x) = 3x - 1 and g(x) = x + 2, find (f+ g)(x).
A. 4x + 1
B. 2x - 3
с. 3х – 3
D. 2x - 1

Answers

Cnski kaoushe e bad djjd. R

(a) Bob wants to open a new fastfood shop. He estimates he needs to spend at least $100,000 on renovation and buying commercial kitchen appliances. The average running cost per customer (for food, staff salary, etc.) is $7. Each customer spends $15 on average.

(i) If the number of customers is n, write down the cost function and revenue function as functions of n.

(ii) Determine the minimum number of customers for the business to breakeven.

(iii) Bob has to borrow $100,000 from a bank with interest rate of 3% p.a. with interest payable monthly. If Bob does not repay a single cent, how much does Bob owe the bank after 3 years?

Answers

i) The cost function is x = 100,000 + 7n while the revenue function is y = 15n.

ii) The minimum number of customers for the business to break even is 12,500.

iii) The amount that Bob owes the bank after 3 years at 3% p.a. interest payable monthly, but without any repayment, is $109,272.70.

What is a function?

A function is a mathematical equation showing the equality of two or more algebraic expressions.

a) Renovation and appliances costs = $100,000

Average running cost per customer = $7

Selling price per customer = $15

i) Let the number of customers = n

Cost function, x = 100,000 + 7n

Revenue function, y = 15n

ii) For the business to break even, y must be equal to x:

15n = 100,000 + 7n

8n = 100,000

n = 12,500

iii) Bank loan = $100,000

Interest rate = 3% p.a.

Interest payment = monthly

Amount after 3 years without any repayment = $100,000 x 1.03^3

= $109,272.70 ($100,000 x 1.092727)

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A roast beef sandwich costs $6.75. A customer buys multiple roast beef sandwiches. Write an equation that represents the situation. Use $x$ to represent the number of roast beef sandwiches. Then determine how many sandwiches the customer buys.

Amount Used for Payment $80
Change Received $19.25
An equation that represents this situation is
.

The customer buys
sandwiches.

Answers

Answer:

[tex]\frac{80-19.25}{6.75} = x[/tex]

Step-by-step explanation:

Subtract $19.25 from the Amount Used for Payment ($80) to get the amount spent, then divide the amount of each sandwich to get the amount of sandwiches bought.

Simplify: 6a - 2(5a - 6)

Answers

Answer:

[tex]-4a + 12[/tex]

Step-by-step explanation:

anyone know this or can help pls

Answers

Answer:

A pyramid

Step-by-step explanation:

Can someone help please!!

Answers

Answer:

75.39 in^2 (round to the nearest hundreds)

Step-by-step explanation:

I think that we have to find the lateral area

circumference = 2 x radius x pi = 2 x 4 x pi = 25,13 in^2 (round to the nearest hundreds)

lateral surface = (circumference x slant height)/2 = (25,13 x 6)/2 = 75,39 in^2 (round to the nearest hundreds)

Ma Bernier has 52 cats and dogs in her house the number of cats is three times the number of dogs how many cats and dogs are in the house

Answers

Answer:

dogs - 13

cats - 39

Step-by-step explanation:

Let the number of dogs Ma Bernier have be represented with d

She has 3 times as many cats as dogs, the number of cats she has :

cats = 3d

The sum of the cats and dogs is 52

d + 3d = 52

4d = 52

divide both sides of the equation by 4

d = 13

She has 13 dogs

Cats = 3d

= 3 x 13 = 39

Write the equation of the line if the slope is 6 and the y-intercept is -2.

Answers

Answer:

y=6x-2

Step-by-step explanation:

slope=6

y-intercept=-2

y=6x-2

10/y=2/9, find the solution of y. stat.

Answers

Answer:

y=45

Step-by-step explanation:

Let's solve your equation step-by-step.

10 y = 2 /9

Step 1: Cross-multiply.

10 y = 2 /9

(10)*(9)=2*y

90=2y

Step 2: Flip the equation.

2y=90

Step 3: Divide both sides by 2.

2y /2 = 90 /2

y=45

brainliest please?

Answer:

y = 45

Step-by-step explanation:

10/y=2/9

10 = y * 2/9  

10 = 2/9y

10 * 9 = 2/9y * 9

90 = 2y

90/2 = 2y/2

y = 45

ps: * means multiply

Im new here :) but hey you got these qs try your best okie

I hope and im glad to help







Y Let f:R → R be defined by f(3) = Then x2 +1' a. f is a Borel function. b. f is not a measurable function. c. [f > 3] is not a measurable set. d. None of the above.

Answers

Y Let f:R → R be defined by f(3) = Then x2 +1' a is (b) f is not a measurable function.

To determine if f is a measurable function, we need to check if the preimage of any measurable set in the codomain (R) is a measurable set in the domain (R).

In this case, the function f(3) = x^2 + 1 is defined only at x = 3. Since the domain R is continuous and f is only defined at a single point, the preimage of any set in the codomain will either be an empty set or a singleton set containing only the point x = 3.

For example, consider the set [f > 3] in the codomain R. The preimage of [f > 3] under f would be the set of all x in the domain R such that f(x) > 3. However, since f is only defined at x = 3, the preimage would be the singleton set {3}.  Since {3} is not a measurable set in the domain R, f is not a measurable function.

Therefore , the correct option is (B) f is not a measurable function.

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solve the point A and B A) The region bounded above by the parabolay = 3x-x2 and y = 0 is rotated around a vertical line x=-1 forming a solid, find its volume Note: When performing the step-by-step procedures used and the method used to find the volumen ex B) = Given the following function which is one to one f(x) = ex/1-eX Find its inverse; You must keep in mind the processes of factoring, properties of exponents, logarithmic properties, and so on. Check if it is indeed its inverse, for this you can do it algebraically or graphically
Previous question
Next que

Answers

A. The volume of the solid formed by rotating the region bounded above by the parabola y = 3x-x² and y = 0 around the vertical line x = -1 is approximately 9.74 cubic units and B. The inverse function is found to be ln(x/(1 - x)).

To find the volume of the solid, we can use the method of cylindrical shells. The integral for the volume is given by V = ∫[a,b] 2πxf(x) dx, where f(x) represents the height of the shell at each x-coordinate.

First, we need to find the bounds of integration. The parabola y = 3x - x² intersects the x-axis at x = 0 and x = 3. Therefore, the bounds of integration are [0, 3].

Next, we need to express the height of the shell, f(x), in terms of x.

Evaluating the integral, we get V = ∫[0,3] 2π(x + 1)(3x - x²) dx. After integrating and simplifying, the volume is approximately 9.74 cubic units.

(B) To find the inverse of the function f(x), we swap the roles of x and y and solve for y. So, we start with y = eˣ/(1 - eˣ).

Step 1: Swap x and y: x = eʸ/(1 - eʸ).

Step 2: Solve for y: x(1 - eʸ) = eʸ.

Step 3: Expand and isolate eʸ: x - xeʸ = eʸ.

Step 4: Factor out eʸ: eʸ(x - 1) = x.

Step 5: Divide both sides by (x - 1): eʸ = x/(x - 1).

Step 6: Take the natural logarithm of both sides: y = ln(x/(x - 1)). Thus, the inverse function is g(x) = ln(x/(x - 1)), where x ∈ (0, 1).

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Complete question - A. The region bounded above by the parabola y = 3x-x2² and y = 0 is rotated around a vertical line x=-1 forming a solid, find its volume.

B. Given the following function which is one to one f(x) = eˣ/1-eˣ Find its inverse.

The Massachusetts state lottery game, Cash WinFall, used to have a way that anyone with enough money and time could stand a good chance of getting rich, and it is reported that an MIT computer scientist did just that. In this game, a player picks 6 numbers from the range from 1 to 46. If he matches all 6, then he could win as much as $2 million, but the odds of that payout don't justify a bet, so let us ignore the possibility of winning this jackpot. Nevertheless, there were times when matching just 5 of the 6 numbers in a $2 lottery ticket would pay $100,000. Suppose in this scenario that you were able to bet $600,000.

(a) What is the expected amount that you would win?

(b) Derive a bound on the probability that you would lose $300,000 or more in this scenario, that is, that you would have 3 or fewer of the 5 of the 6 winning tickets.

Answers

The expected amount that you would win is approximately $0.334891, and the probability of losing $300,000 or more is approximately 0.00030986749 (or 0.030986749%).

To calculate the expected amount that you would win in this scenario, we need to consider the probabilities of various outcomes and their corresponding winnings.

(a) Expected Amount of Winnings:

Let's calculate the expected amount by considering the probabilities and winnings for different outcomes:

- Probability of matching exactly 5 out of 6 numbers:

The probability of matching 5 numbers correctly is given by the combination formula:

P(5) = C(6, 5) * C(40, 1) / C(46, 6) = 0.00000096739

The corresponding winnings are $100,000.

- Probability of matching exactly 4 out of 6 numbers:

The probability of matching 4 numbers correctly is given by the combination formula:

P(4) = C(6, 4) * C(40, 2) / C(46, 6) = 0.0000186101

The corresponding winnings are $5,000.

- Probability of matching exactly 3 out of 6 numbers:

The probability of matching 3 numbers correctly is given by the combination formula:

P(3) = C(6, 3) * C(40, 3) / C(46, 6) = 0.000290201

The corresponding winnings are $500.

Now, let's calculate the expected amount:

Expected Amount = (P(5) * $100,000) + (P(4) * $5,000) + (P(3) * $500)

Expected Amount = (0.00000096739 * $100,000) + (0.0000186101 * $5,000) + (0.000290201 * $500)

Expected Amount = $0.096739 + $0.093051 + $0.145101

Expected Amount = $0.334891

Therefore, the expected amount that you would win is approximately $0.334891.

(b) Probability of Losing $300,000 or More:

To derive a bound on the probability of losing $300,000 or more, we need to calculate the cumulative probability of having 3 or fewer of the 5 winning tickets.

Cumulative Probability = P(3) + P(4) + P(5)

Cumulative Probability = 0.000290201 + 0.0000186101 + 0.00000096739

Cumulative Probability = 0.00030986749

Therefore, the bound on the probability of losing $300,000 or more is approximately 0.00030986749, which is equivalent to 0.030986749%.

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what number adds up to three and multiples 22 to

Answers

Answer:

Factors of 22: 1, 2, 11, and 22.

Prime Factorization of 22: 22 = 2 × 11.Step-by-step explanation:

A board game has a spinner divided into sections of equal size. Each section is labeled with a number between 1 and 5.
Spinner
Which number is a reasonable estimate of the number of times the spinner will land on a section labeled 5 over the course of 150 spins?

Answers

Answer:

30 times

Step-by-step explanation:

1. find the possibility of the spinner landing on each section

1 / 5 = 0.2

2. multiply # of spins by the possibility

150 * 0.2 = 30 times

Suppose that an urn contains 3 different types of balls: red, green and blue. Let pi denote the proportion of red balls, p2 denote the proportion of green balls and p3 denote the proportion of blue balls. Here ₁-1 Pi = 1. Suppose also that 100 balls are selected with replacement, and there are exactly 38 red, 29 green and 33 blue. Find the M.L.E. p; of p₁, i = 1, 2, 3. Warning: No credit for answers only! P₁=__ S=____ P3 =_____

Answers

Let's start solving the given problem. Suppose that an urn contains 3 different types of balls: red, green, and blue. Let pi denote the proportion of red balls, p2 denote the proportion of green balls, and p3 denote the proportion of blue balls.

Here Pi = 1.

Suppose also that 100 balls are selected with replacement, and there are exactly 38 red, 29 green and 33 blue.

We need to find the M.L.E. p; of p1, i = 1, 2, 3.

The probability of obtaining red ball from the urn = pi. The probability of obtaining green ball from the urn = p2. The probability of obtaining blue ball from the urn = p3

Given that, 100 balls are selected with replacement.

Let's calculate the probability of getting 38 red, 29 green, and 33 blue balls from the urn,

P(38 Red and 29 Green and 33 Blue) = P(Red)38 x P(Green)29 x P(Blue)33 = p₁³⁸ x p₂²⁹ x p₃³³

Therefore, the likelihood of obtaining the 38 red, 29 green, and 33 blue balls is L(p1,p2,p3) = p₁³⁸ x p₂²⁹ x p₃³³

Since, L(p1,p2,p3) is a continuous function, so we have to find the critical points of the function to obtain the minimum value of p₁. Let's take natural logarithm on both sides of the function, we get ln

L(p1,p2,p3) = 38 ln p₁ + 29 ln p₂ + 33 ln p₃.

So, taking partial differentiation with respect to p1, p2 and p3 and equating them to 0. We get the following equations,∂ ln L / ∂p1 = 38/p1 = 0∂ ln L / ∂p2 = 29/p2 = 0∂ ln L / ∂p3 = 33/p3 = 0On

solving the above three equations, we get p1 = 38/100 = 0.38p2 = 29/100 = 0.29p3 = 33/100 = 0.33

Therefore, P₁= 0.38, S= 0.29, P3 = 0.33. Hence, the required solution is P₁= 0.38, S= 0.29, P3 = 0.33.

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A gift box has the shape of a rectangular prism. How much wrapping paper do you need to cover the​ box?

Thanks in advance!

Answers

Answer:

852 inches square

Step-by-step explanation:

2×(16×15 + 16×6 + 15×6)

Answer:

652 in²

Step-by-step explanation:

The formula is 2(wl+hl+hw)

h is height

w is width

l is length

Use PEMDAS/BIDMAS/BODMAS (do the parentheses then multiply it)

326*2 = 652

add your units

652 in^2

You eat 11 grams of cereal each day. If you eat the same amount of cereal each day, how many grams of cereal will you eat in 5 days?

Answers

Answer:

55 grams

Step-by-step explanation:

11×5=55 grams

if its the same amount everyday then 55

(it made me type more)

Answer:55

Step-by-step explanation: 11x5

EXPLAIN THE DIFFERENCE OF THE CIRCUMFERENCE AND THE AREA OF THE CIRCLE.



PLS ANSWER IT.​

Answers

circumference is around the circle the border of the circle the area of the circle is the space in the circle



Yesterday, the temperature change for a 5-hour period of time was – -degree per
hour. Which statement describes this change?
A
The temperature rose 5 degrees.
B
The temperature rose 4 1/4 degrees.
с
The temperature fell 4 degrees.
D
The temperature fell 5 4/5
degrees

Answers

Answer:

D

Step-by-step explanation:

Five students took a quiz. The lowest score was 4, the highest score was 6, the average (mean) was 5.2, and the mode was 6. A possible set of scores for the students is:

Answers

A possible set of scores for the students is: 4, 4, 6, 6, 6

How to solve the measures of Central Tendencies?

We are given that five students took the quiz. If the lowest score is 4 and the highest score is 6, we can say that the set of values ​​can be expressed as:

4, x, y, z, 6

Here we can see that the mode is 6 and the mean is 5.2. Therefore, at least one other student of hers has scored her 6, which could result in:

4, x, y, 6, 6

Therefore:

(4 + x + y + 6 + 6)/5 = 5.2

16+x+y=26

x + y = 10

So the other two numbers are probably 6 and 4, because 6 is the mode, so they can't both be 5.

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PLS HELP MEEEEEEEE I WILL GIVE BRAINLIEST :D

Answers

Answer:

A is true and f is true

Step-by-step explanation:

Answer:

a, d, e, and g

Step-by-step explanation:

if you multiply two negatives, you get a positive

For each of the days above, work out how much money would be made by each court if all seats were sold.

Seats:

Centre court has 14 979 seats for sale. No 1 court has 11 429 seats for sale. No 2 court has 4000 seats for sale. No 3 court has 2000 seats for sale.

Prices:

Centre Court: £56 No 1 Court: £45 No 2 Court: £41 No 3 Court: £41 Grounds Admission: £25

Answers

The total money made by each court would be as follows:

Centre Court: £838,824, No 1 Court: £514,305

No 2 Court: £164,000, No 3 Court: £82,000

To calculate the amount of money made by each court if all seats were sold, we need to multiply the number of seats by the corresponding ticket price for each court. Here are the calculations for each court:

Centre Court:

Number of seats: 14,979

Ticket price: £56

Total money made: 14,979 seats ×£56/seat = £838,824

No 1 Court:

Number of seats: 11,429

Ticket price: £45

Total money made: 11,429 seats ×£45/seat = £514,305

No 2 Court:

Number of seats: 4,000

Ticket price: £41

Total money made: 4,000 seats ×£41/seat = £164,000

No 3 Court:

Number of seats: 2,000

Ticket price: £41

Total money made: 2,000 seats × £41/seat = £82,000

Therefore, if all seats were sold, the total money made by each court would be as follows:

Centre Court: £838,824

No 1 Court: £514,305

No 2 Court: £164,000

No 3 Court: £82,000

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MULTIPLICACIÓN Y DIVISIÓN DE NÚMEROS ENTEROS
11. -2115 ÷ -9 =
12. 7854 ÷ -34
13. 3425 × -4 =
14. -7 × 5 × -3 =
15. 12 × -7 × 9 =

Answers

11. -235
12. -231
13. -13700
14. 105
15. -756

HELP PLEASE!!!

The bear population in Canada was 380,000 in the year 2015, and environmentalists think that the population is increasing at a rate of 2.5% per year.
Consider the function that represents the exponential growth of the bear population in Canada.

Part A: Defines a variable for the function and state what the variable represents.

Part B: What is a reasonable domain for the situation?

Part C: Write the function that represents the exponential growth of the bear population.

Part D: What will the bear population estimated to be in 2050?

Answers

Answer:

The population of Bear in 2050 is 4750000

Step-by-step explanation:

A) The exponential growth equation for bear is as follows -

dN/dT = rmax * N

Where dN/dT = change in population

rmax is the maximum rate of change

N = Base population

B) Here the per capita rate of increase (r) will always be a positive value irrespective of the and hence we will assume this population to be growing exponentially.

C) dN/dT = rmax * N

D) dN / 5 = 2.5 * 380,000

dN = 5*2.5 * 380000

= 4750000

I need help with this answer . Please help . (This is timed!!)

Answers

Answer: Its A

Step-by-step explanation: Just count the lines and since there is 8 lines it would be ?/8 so we going to count up until the dot which stops at 3 soo it would be 3/8

Solve the linear system X 1 X1 + 2x2 3.21 + 4.02 IL || -1 -1 = via Cramer's rule if possible.

Answers

The linear system X₁ + 2X₂ = 3.21 and 4.02X₁ + IL || -1 = -1 using Cramer's rule, we need to find the values of X₁ and X₂.

To apply Cramer's rule, we first need to calculate the determinant of the coefficient matrix and the determinants of the matrices obtained by replacing each column of the coefficient matrix with the constant terms.

The coefficient matrix is:

| 1   2 |

| 4.02  IL || |

The determinant of the coefficient matrix, denoted as D, is given by:

D = (1 * IL ||) - (2 * 4.02)

  = IL || - 8.04

The matrix obtained by replacing the first column with the constant terms is:

| 3.21   2 |

| -1     IL || |

The determinant of this matrix, denoted as D₁, is given by:

D₁ = (3.21 * IL ||) - (-1 * 2)

   = 3.21IL || + 2

The matrix obtained by replacing the second column with the constant terms is:

| 1   3.21 |

| 4.02  -1 |

The determinant of this matrix, denoted as D₂, is given by:

D₂ = (1 * -1) - (4.02 * 3.21)

   = -1 - 12.9042

   = -13.9042

Now, we can find the values of X₁ and X₂ using the formulas:

X₁ = D₁ / D

X₂ = D₂ / D

Substituting the values we calculated earlier, we have:

X₁ = (3.21IL || + 2) / (IL || - 8.04)

X₂ = (-13.9042) / (IL || - 8.04)

This gives us the solution to the linear system.

Solve the linear system X 1 X1 + 2x2 3.21 + 4.02 IL || -1 -1 = via Cramer's rule if possible.

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determine the volume of the rectangular prism.
height:12ft
width:6ft
length:3ft

Answers

Answer:

216 ft³

Step-by-step explanation:

h*w*l=v

[tex]12 \times 6 \times 3 = 216[/tex]

Other Questions
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