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vazorg [7]
3 years ago
7

Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period

was 17.4 percent and the standard deviation of those returns in this period was 43.77 percent. What is the approximate probability that your money will double in value in a single year?
Business
1 answer:
ArbitrLikvidat [17]3 years ago
5 0

Answer:

Approximate probability 0.0295709

Explanation:

  • Average annual return 17.40%  

  • SD 43.77%  

  • Probability for double 0.0295709

        NORM.DIST(17.4%,100%,43.77%,TRUE)

  • Probability for Triple    0.00001511 NORM.DIST(17.4%,200%,43.77%,TRUE)

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An approach that recognizes that, with every interaction, customers learn something about a company that will affect their desir
Allushta [10]

Answer: Customer experience management.

Explanation:

Customer experience management is the ways in which a company provides it's consumers the best customised experience during their period of patronizing the business: the customer experience management makes the best use of physical and digital contact with consumers to give them a wonderful experience and maintain customer patronage.

7 0
3 years ago
Find the difference in height between the top of a hill 973 feet high and a crack caused by an earthquake 79 feet below sea leve
s2008m [1.1K]
The difference in height between the hill 973 feet above sea level and the crack 79 feet below sea level is:

 

Difference in height = 973 - (-79)

 

Which is equal to 1052 feet.

4 0
3 years ago
John is a journalist. He went to a product demonstration for a new computer. Some of what he heard was informative, while the re
yan [13]
The two sentences meant to persuade are the following: "This is something no other computer can do at present. This is the best buy on the market." These two sentences definitely compel the customers to buy or at least want to buy the item. The other sentences merely provide information to the customers but aren't decisive or directly decisive in the buyer's decision making.
8 0
3 years ago
Read 2 more answers
Fey Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost informa
alekssr [168]

Answer:

a) Standard WIP      75,000 debit

            factory overhead       75,000 credit

b) applied to deluxe model 28 setups x $   400 = $ 11,200

c) total overhead to deluxe: 35,200

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

expected overhead:       120,000

total labor hours: 375 + 22 = 600

overhead rate: 120,000 / 600 = 200

applied to Standard model: 375 hours x $ 200 = 75,000

overhead cost for setups: $ 20,000

total setups (cost driver) 22  + 28

activity rate: $ 20,000 / 50 setups = $    400

applied to deluxe model 28 setups x $   400 = $ 11,200

overhead cost for component: $40,000

total components: 8 + 12 = 20

activity rate: 40,000 / 20= 2,000

applied to deluxe model: 12 x 2,000 = 24,000

<u>Overhead cost into deluxe model under ABC:</u>

setup overhead applied to deluxe model 28 setups x $   400 = $ 11,200

component overhead applied to deluxe model: 12 x 2,000 = 24,000

Total: 35,200

6 0
3 years ago
The normal-form game box below outlines a generic game for two players to illustrate basic principles. Each player has two strat
tatiyna

Answer:

1. c) b>d

d) c>g

2. No dominant strategy equilibrium is also a Nash equilibrium.

Explanation:

Payoff matrix are  used in business as it represent the possible outcomes of the decisions made. In the given scenario player 1 and player 2 have different outcomes based on the game matrix. The player 1 will get best possible payoff when he falls in Top Left matrix. This is dominant strategy which must be Nash equilibrium.

5 0
2 years ago
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