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USPshnik [31]
3 years ago
13

During the past six months, 73.2% of US households purchased sugar. Assume that these expenditures are approximately normally di

stributed with a mean of $8.22 and a standard deviation of $1.10. 99% of the households spent less than what amount?
Business
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

Explanation:

Given X~Normal(mean=8.22, s=1.1)

So P(5<X<9) = P((5-8.22)/1.1 <(X-mean)/s < (9-8.22)/1.1)

=P(-2.93<Z< 0.71)

=0.7595 (check standard normal table)

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BuyMart Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and
Juliette [100K]

Answer:

economies of scale.

Explanation:

Economies of scale -

It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .

Economies of scale can be both external and internal .

This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,

The profit of the company will increasers .

Hence , from the given scenario of the question ,

The correct answer is economies of scale .

5 0
3 years ago
not-for-profit organization held the following investments: Investment Cost Fair value (beginning of year) Fair value (end of ye
arsen [322]

Answer:

$14,900

Explanation:

not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.

Here,

Investment                                   Fair value (end of year)

Stock A (100 shares)                                     $51

Stock B (200 shares)                                    $49

Stock A = (100 * 51) = $5,100

Stock B = (200 * 49) = $9,800

Total Investment fair value at end of year = $14,900

$14,900 will be the amount reported in stock investments in the year-end statement of financial position.

3 0
3 years ago
Shelton Inc. has sales of $17.5 million, total assets of $13.1 million, and total debt of $5.7 million. If the profit margin is
tatiyna

Answer:

$1,050,000

Explanation:

The computation of the net income is shown below:

Net income = Sales revenue × profit margin percentage

                    = $17,500,000 × 6%

                    = $1,050,000

To determine the net income we multiplied the sales revenues by its profit margin percentage so that the correct value could be arrived.

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3 years ago
La belle released a cut glass bottle of perfume at $299 per item, even though its major competitor prices its signature scent at
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<span> psychological pricing</span>
8 0
3 years ago
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An ISP is granted a block of addresses starting with 150.80.0.0/16. The ISP wants to distribute these blocks to 2600 customers a
stepan [7]
A the first groupings has 200 medium-side busi es-es each needing 128 addresses
4 0
2 years ago
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