When using incentives to motivate a team, the team can respond with unintended negative behaviors such as social loafing and free riding. The term social loafing refers to the tendency to put<span> less effort to achieve a goal when people work in a </span>group<span> than when they work alone.
</span>Free riding denote the phenomena in which some members do not put in their share of work under the assumption that others' efforts will cover their shortfall.
Answer:
<u>86 payments approximately</u>
<em>Explanation</em>:
<u>First</u>;
Find the monthly average interest rate,
=7%/12
=0.0058333333
<u>Second</u>;
Add the monthly average interest rate to the monthly payment
= $175 + 0.0058333333
= $175.00583333 (average total monthly balance)
<u>Third</u>;
Divide final account balance by the average total monthly balance
= 15,000 / 175.00583333
=85.71 payments.
C. Temple Art would be the correct answer
Answer:
option (B) 0.012634
Explanation:
Data provided in the question:
Expected return Probability
16.5% 80%
-11.6% 20%
Now,
Mean return = ∑( Probability × Expected return )
= ( 0.8 × 16.5% ) + ( 0.2 × (-11.6%) )
= 13.2% - 2.32%
= 10.88%
Thus,
Variance = ∑(Probability × [ Expected return - Mean return ]² )
= 0.8 × ( 16.5% - 10.88% )² + 0.2 × ( -11.6% - 10.88% )²
= 0.8 × ( 5.62% )² + 0.2 × (-22.48%)²
= 0.8 × 0.0562² + 0.2 × 0.2248²
= 0.002526752 + 0.010107008
= 0.01263376 ≈ 0.012634
Hence,
The correct answer is option (B) 0.012634