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Sedaia [141]
1 year ago
14

The probabilistic estimate of the price at which a property will be sold is its:____.

Business
1 answer:
bezimeni [28]1 year ago
5 0

The investment value of a property is the probabilistic prediction of the selling price.

<h3>What exactly do you mean when you say "probabilistic estimate"?</h3>

A calculation based on a range of values with corresponding probabilities of occurrence for each of the components, or, at the very least, for each of the components that are genuinely certain. The probabilistic cost estimation methods aim to estimate the project cost variability based on one or more characteristics while concentrating on the risks and uncertainties associated with the project. A deterministic estimate is one that only considers a single number value when discussing risk. It doesn't take into account the parameter's possible value ranges or chance of occurrence. The maximum entropy principle (MEP), the saddlepoint approximation, the Johnson system, and the Pearson system are the four generally used methods for estimating probabilities.

To learn more about probabilistic estimation, click here:

brainly.com/question/28286514

#SPJ4

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LO 6.3A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost d
olya-2409 [2.1K]

Answer:

$68,600

Explanation:

An predetermined overhead of $70,000 was estimated for an activity of 2,500 hours. The actual overhead assigned to the products is given by multiplying the fraction of the total 2,500 hours of activity utilized by the products by the predetermined overhead:

A = \frac{1,350+1,100}{2,500}*\$70,000\\ A = \$68,600

The total amount of overhead assigned to the products is $68,600.

8 0
3 years ago
Mr. Slake sold 1,580 shares of publicly traded DDL stock (tax basis $49,240) for $40,000 cash on February 13. He paid $43,000 ca
garik1379 [7]

Answer:

$9,240 loss recognized

$43,000 basis

Explanation:

Tax basis of share purchase is the cost of share together with any tax related to this purchase.

Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share =  $49,240 - $40,000 = $9,240

His tax basis in purchase of 1,600 shares on Mar 2 is  $43,000, the total cost he paid to acquire 1,600 shares

5 0
3 years ago
What is double entries for debit note received
ivanzaharov [21]
The double entry<span> system of accounting or bookkeeping means that every business transaction will involve two accounts</span>
7 0
3 years ago
Brad Carlton operates Carlton Collectibles, a rare-coin shop in Washington, D.C., that ships coins to collectors in all 50 state
Veronika [31]

Answer: He would have sales based on his appraisal and would use tax collection based on he has commercial domicile there

Explanation:

Carlton would have sales based on the appraisal his work receives in Virginia and Maryland. Appraisals go a long way to promote sales in business especially comes from clients who tend to give feedback based on the product they have used. He would use tax collection in the district of Columbia due to he has a commercial domicile in that area.

6 0
2 years ago
The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica
yuradex [85]

Answer:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

\bar X = \frac{\sum_{i=1}^n X_i}{n}

Where n = 5 represent the sample size for this case. If we replace we got:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0
3 years ago
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