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1 year ago

In developed countries, at what age do individuals typically become grandparents?

Business

1 answer:

yKpoI14uk [10]1 year ago

8 0

In developed countries, at 40 years of age individuals typically become grandparents.

<h3>What are developed countries?</h3>

A sovereign state that is considered to have a developed economy, a high standard of living, and advanced technological infrastructure is referred to as a developed country.

A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.

The term "developed countries" often refers to wealthy nations, excluding Middle Eastern nations and certain other minor nations. Limitations:

(i) It only addresses the economic element while ignoring issues like peace, health, the environment, lifespan, education, etc.

(ii) The method does not show us how the income is distributed.

To learn more about developed countries refer to:

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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

In order to offset the competitive disadvantage of FOB plant pricing, Texas Granite Company in Dallas could use _____ pricing to

ozzi

Answer:

Freight-absorption

Explanation:

Based on the information provided within the question it can be said that the Texas Granite Company in Dallas should use Freight-absorption pricing in this situation. This is a pricing strategy in which the seller takes responsibility for all the freight charges that the company incurs in order to attract the amount of business that they hope to achieve. Since company's that are looking to buy see 0 freight charges it becomes a deal since they are saving money as opposed to buying from another company that charges the freight charges to the buyer.

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2 years ago

Berry, the seller, wants Paul, the broker, to change from a single agency relationship to a transaction broker. Paul agrees to d

Scorpion4ik [409]

Answer:

Before the listing agreement is signed.

Explanation:

A listing agreement is a contract between a property owner and a real estate broker asking the real estate broker to get a buyer for his or her property. The property owner implements the listing agreement so as to empower the real estate broker to act in the capacity of the agent to the owner in the course of trying to sell the property. Generally certain commission is paid to the real estate broker by the property owner.

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3 years ago

Luck is what happens when preparation meets opportunity.

elena-s [515]

Answer:

Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.”

Explanation:

4 0

2 years ago

Today, when a customer orders merchandise from an online vendor, the vendor usually sends an immediate order confirmation messag

Irina-Kira [14]

Answer: The second message is a type of advanced shipping notice.

An advanced shipping notice is known as an e-communication representation that the provider sends the retail merchant beforehand of a shipment.

In this case the vendor sent an immediate order confirmation message by e-mail and within a day or two, a second message stating that the order is in the mail.

Therefore, the correct option is (c)

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2 years ago