Answer:new cars are getting too expensive
Explanation:
Answer:
87%
Explanation:
The computation of the likelihood for high demand is as follows:
Given that
The high consumer demand probability = P(H) = 0.6
The low consumer demand probablity = P(L) = 0.2
The Probability of favorable survey response given high consumer demand = P(F ÷ H) = 0.9
And,
Probability of favorable survey response given low consumer demand = P(F ÷ L) = 0.2
Now, determine the probability of high demand that the market report is favorable = P(H ÷ F)
P(H ÷ F) = (P(F ÷ H) × P(H)) ÷ (P(F ÷ H) × P(H)) + (P(F ÷ L) × P(L))
= ((0.9) × (0.6)) ÷ ((0.9 × 0.6) + (0.2 × 0.4))
= 0.87096
= 0.87096 × 100
= 87%
If an investment is 70 percent likely to return 10 percent per year an 30 percent likely to return -15percent a year, then its average expected rate of return is 11.5%.
Answer:
A. $ 432 comma 000.
Explanation:
The computation of the relevant cost of keeping the old machine is shown below:
= Annual cash operating costs × Current age in years
= $108,000 × 4 years
= $432,000
To find out the relevant cost for the old machine, we multiply the annual cash operating cost with its current age so that the accurate cost can come
All other information which is given in the question is not relevant. Hence, ignored it
Answer:
C. Both statements are positive.
Explanation:
A normative statment is a statement that expresses value judgements and cannot be tested using available information. They are usually subjective.
A positive statement is an objective statement that can be tested.
I hope my answer helps you
