Explanation:
- It encourages people community to post their news
- The news can be posted for a group or to a general public too
- The group or the general public can comment on the news
- The news which is interesting based on the reviews will be given the top priority
Example:
Reddit - A large site with huge number of user
Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.
Answer:
A. Stock
Explanation:
The Stock of Foreign Direct Investment (FDI) measure the total level of direct investment at a given point in time, usually the end of a quarter or of a year.
The outward FDI stock is the value of the resident investors' equity in and net loans to enterprises in foreign economies.
Answer:
C) $57,000
Explanation:
The gross domestic product is the total production of final and legal goods and services in an economy.
total production of final goods = (20 couches x $2,600 per couch) + (5 leather sets x $1,000 per set) = $52,000 + $5,000 = $57,000
the leather sets are considered final products since they are part of the ending inventory of Cowhide, Inc.
Answer:
- <em>As explained below, given that the score of the person is among the 0.03125 fraction of the best applicants, </em><u><em>he can count on getting one of the jobs.</em></u>
<em></em>
Explanation:
The hint is to use <em>Chebyshev’s Theorem.</em>
Chebyshev’s Theorem applies to any data set, even if it is not bell-shaped.
Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean.
For this sample you have:
- mean: 60
- standard deviation: 6
- score: 84
The number of standard deviations that 84 is from the mean is:
- k = (score - mean) / standar deviation
- k = (84 - 60) / 6 = 24 / 6 = 4
Thus, the score of the person is 4 standard deviations above the mean.
How good is that?
Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean. For k = 4, that is:
- 1 - 1/4² = 1 - 1/16 = 0.9375
- That means that half of 1 - 0.9375 are above k = 4: 0.03125
- Then, 1 - 0.03125 are below k = 4: 0.96875
Since there are 70 positions and 1,000 aplicants, 70/1,000 = 0.07. The compnay should select the best 0.07 of the applicants.
Given that the score of the person is among the 0.03125 upper fraction of the applicants, this person can count of geting one of the jobs.