Answer:
offset their losses with gains.
Explanation:
Answer:
C. Understand that the opportunity cost of attending college is very high.
Explanation:
The reason is that the colleges costs very high both the money and time. However the person can also earn while pursuing their dreams because it has greater value for them if they have potential for growth in games. So they prefer to follow their dreams rather investing on their higher education.
Answer:
The key ingredient of the free enterprise system is the right of individuals to make their own choices in the purchase of goods, the selling of their products and their labor, and their partici- pation in business structure.
Explanation: <3
Answer:
UCL(p) = 0.157
LCL(p) = 0
Explanation:
Number of samples (n) = 10
Size of sample (n) = 100
We compute the defective rate P as below
P = 7 + 9 + 9 + 11 + 7 + 8 + 0 + 11 + 13 + 2 / 10 * 100
P = 77 / 1000
p = 0.077
We derive σP / value of standard deviation of the sampling distribution as shown below
σP = √P * (1-P) / n
σP = √0.077 * (1 - 0.077) / 100
σP = √0.077 * 0.923/100
σP = √0.071071/100
σP = √0.00071071
σP = 0.02665
Now we calculate the Upper Control chart limit:
UCL(p) = P +Z*σP
UCL(p) = 0.077 + 3*0.02665
UCL(p) = 0.077 + 0.07995
UCL(p) = 0.15695
UCL(p) = 0.157
Now we calculate the Lower Control chart limit:
LCL(p) = P - Z*σP
LCL(p) = 0.077 - 3*0.02665
LCL(p) = 0.077 - 0.07995
LCL(p) = -0.00295 (Negative defect cannot go beyond Zero)
LCL(p) = 0
Answer:
b. continue to produce a quantity such that marginal revenue equals marginal cost.
