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Tanzania [10]
2 years ago
7

Buying a house is most likely a long-term goal for a person of which of these ages?

Business
1 answer:
leva [86]2 years ago
8 0

Answer:

A - "15 y/o"

or

B - "19 y/o"

(There are two types of this question for just choose which one is on it)

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Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine
Ann [662]

An enterprise system is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business. And large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.


3 0
3 years ago
An individual consumes products X and Y and spends $36 per time period. The prices of the two goods are $3 per unit for X and $2
vekshin1

Answer:

a) 3X + 2Y = 36

b) X = 6 , Y = 9

c) 27

Explanation:

Individual consumes : X and Y

Spends : $36 per time period

unit cost : $3 per unit for X

                 $2 per unit for Y

utility function : U( X, Y ) = .5XY

<u>A) Budget equation mathematically</u>

X* Px + Y* Py = M

3X + 2Y = 36

Px and Py = unit cost for X and Y

M = Total spent ( revenue )

<u>b) Values of X and Y that will maximize utility </u>

Maximum utility ( MRS )  = Px / Py ,

MRS = MUx / MUy

 = Y/X  = 3/2

∴ 2Y = 3X

From BC : 6X = 36 ( X = 6 plug into mathematically equation above )

∴ X = 6 , hence Y = 9

<u>c) Total utility generated per unit of time </u>

U( X,Y ) = .5XY

            = 0.5 * 6 * 9 = 27

6 0
3 years ago
​Generally, the​ consumer's purchase decision will be to buy the most preferred​ brand, but two factors can come between the pur
GarryVolchara [31]

Answer:

The answer is: C) Attitude of others

Explanation:

The attitude of others refers to how much can another person´s attitude reduce what someone else prefers to buy. The extent of how much can a third party influence our purchasing decisions is based on:

  1. How intense is the third party´s negative attitude toward buying that specific product.
  2. How motivated we are to comply with the other person´s attitude.
3 0
3 years ago
Quarry Mining Inc. and Riverside Vineyards agree to resolve a dispute in arbitration. The arbitrator meets with Quarry’s represe
Molodets [167]

Answer:

The correct answer is letter "D": set aside any award.

Explanation:

Arbitrators are individuals without the range of judges that are called in disputes to resolve a matter before taking it to court. Similar to trials, each party involved in the dispute present their defense in front of the arbitrator who promotes the mutual agreement between the two parties but, if that does not happen, the arbitrator provides a resolution that tends to be definite.

<em>Arbitrators must be impartial. Thus, if the arbitrator meets with one of the parties and, eventually, the decision of that case favors that party, the court can take away any reward provided until an investigation is conducted.</em>

4 0
3 years ago
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