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il63 [147K]
2 years ago
9

Naomi weighed 50 patients for a medical study using a scale that measures to the nearest whole pound. She then calculated the me

an weight as 176 pounds, with a standard deviation of 12 pounds.
If the distribution is normal, what percent of the data lies between 140 pounds and 212 pounds?
Business
1 answer:
KonstantinChe [14]2 years ago
4 0

99.7 percentage of the data lies between 140 and 212 pounds when the distribution of the standard deviation is normal.

<h3>What is standard deviation?</h3>

Any given quantity, which is used to express that how many observations  differ from others in the total observations of a data, is referred to as standard deviation. It is represented by σ.

To calculate the percentage of data lying between the given values, we will use the formula of empirical method and the given information to compute as under,

\rm P(mu-3\ x\ \sigma < X < \mu + 3\ x\ \sigma)

Solving further,

\rm P(176-3\ x\ \12 < X < \176+ 3\ x\  12) = 0.997

Hence, the significance upon the standard deviation of data weighted by Naomi is as aforementioned.

Learn more about standard deviation here:

brainly.com/question/16555520

#SPJ1

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4 years ago
The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57,000, and rental costs for t
Umnica [9.8K]

Answer:

Revenues=$188,000

Less: Variable Costs=$57,000

Less: Rentals=$37,000

Earnings before depreciation and tax=$94,000

Less: Depreciation =$17,000

Earnings before tax=$77,000

Less: Tax40%=$30,800

Net Income=$46,200

a) Dollars in minus dollars out

Dollars in = Revenues = $188,000

Dollars out = Variable cost + Rentals + Tax = $57,000 + $37,000 + $30,800 = $124,800

Operating cash flow = $188,000 - $124,800 = $63,200

b) Adjusted accounting profits

Operating cash flow = Net income + Depreciation = $46,200 + $17,000 = $63,200

c) Add back depreciation tax shield

Operating cash flow = Earnings before depreciation and tax x (1 - tax rate) + Depreciation tax shield

or, Operating cash flow = $94,000 x (1 - 0.40) + $17,000 x 40% = $63,200

Yes, all the results are same.

7 0
3 years ago
The benefits of adopting abc/abm are higher for companies in competitive markets because:________
taurus [48]

The benefits of adopting ABC/ABM are higher for companies in competitive markets because <u>accurate product cost info is essential and ABM can pinpoint opportunities for cost saving.</u>

A competitive marketplace is a structure in which no single purchaser or manufacturer has the electricity to influence the market. Its response to delivery and demand fluctuates with the supply curve, an illustration of a product's quantity.

The 4 popular styles of market systems encompass the best competition, oligopoly market, monopoly marketplace, and monopolistic competition.

In economics, in particular trendy equilibrium theory, a really competitive marketplace, additionally known as an atomistic marketplace, is defined by way of numerous idealizing situations, together known as perfect opposition, or atomistic opposition.

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7 0
2 years ago
Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freez
Svet_ta [14]

Answer:

The machine has a useful life or 4 years and residual value of $1400 so its total The Depreciable Amount is $21,600 (22000-1400)

If we use straight line method depreciation in each year will be 21,600/4=$5400

If we use Units of production method then:

Year 1= 21,600*4120/10300=$8640

Year 2=21600*3090/10300=$6480

Year 3=21600*2060/10300= $4320

Year 4= 21600*1030/10300=$2160

If we use the double-declining method

Rate of Depreciation = 1/4*2=50%

Year = 0.5*21600=$10800

Year 2=0.5*(21600-10800)=$5400

Year 3= 0.5*(10,800-5400)= $2700

Year 4= (5400-2700)= 2700

Explanation:

5 0
3 years ago
What effects did the great depression have on the credit industry
NikAS [45]
It expanded the credit industry because all americans credit was effected by the great depression

8 0
3 years ago
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