During the thirteen years he ran it, an investment firm's CEO reportedly earned an annual rate of retum of over 100 percent, potentially turning an initial investment of $1 million into more than $11 million by the time he left in 2000 a. What rate of retum, compounded annually, would turn $1 million into $11 million by 2000?

b. The actual rate of return during the thirteen years the CEO ran the investment firm was 106%. How much would $1 million, compounded annually be worth after 13 years?

(Do not round until the final answer. Then round to the nearest hundredth as needed.)

(co 3) the soup produced by a company has a salt level that is normally distributed with a mean of 5.4 grams and a standard deviation of 0.3 grams. the company takes readings of every 10th bar off the production line. the reading points are 5.8, 5.9, 4.9, 6.5, 5.0, 4.9, 6.2, 5.1, 5.7, 6.1. is the process in control or out of control and why? it is out of control as two of these data points are more than 2 standard deviations from the mean it is in control as the data points more than 2 standard deviations from the mean are far apart it is out of control as one of these data points is more than 3 standard deviations from the mean it is in control as the values jump above and below the mean