1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna11 [192]
3 years ago
14

A recent survey was conducted to compare the cost of solar energy to the cost of gas or electric energy. Results of the survey r

evealed that the distribution of the amount of the monthly utility bill of a 3-bedroom house using gas or electric energy had a mean of $92 and a standard deviation of $13. If the distribution can be considered mound-shaped and symmetric, what percentage of homes will have a monthly utility bill of more than $79? a. approximately 34%b. approximately 16%c. approximately 95%d. approximately 84%
Business
1 answer:
RoseWind [281]3 years ago
7 0

Answer:

option d) approximately 84%

Explanation:

Data provided in the question:

Mean, m = $92

Standard deviation, s = $13

Now,

we have to calculate percentage of homes will have a monthly utility bill of more than $79 i.e P(X > 79)

also,

P( X > 79) = 1 - P( X < 79)

Z-score for (X = 79 ) = \frac{X-m}{s}

Z = \frac{79-92}{13}

or

Z = -1

From the standard Z value vs P table, we have

P( Z < -1 ) = 0.1587

Thus,

P( X < 79) = P( Z < -1 ) = 0.1587

therefore,

P(X > 79) = 1 - 0.1587

or

P(X > 79) = 0.8413

or

= 0.8413 × 100%

= 84.13%

Hence,

option d) approximately 84%

You might be interested in
A company recently moved to a new building. The old building is being actively marketed for sale, and the company expects to com
lana66690 [7]

Answer:

D. It will be valued at historical cost.

Explanation:

Building held for sale is classified as current asset and it will not be depreciated further as it will be sold in near future. It will be recorded on the lower of cost and fair market value of the building and appears on the balance sheet in current account section. So the statements is correct regarding the old building, except D. It will be valued at historical cost.

6 0
3 years ago
Read 2 more answers
the time period between when a registration is filed with the securities and exchange commission (sec) and the effective date is
katrin2010 [14]

The required holding period must be satisfied first. The holding period for a public company is six months, and it starts on the day that a holder purchases and pays in full for securities. The holding period is one year for a business that is exempt from SEC filing requirements

The cooling-off period.

<h3>What does registration with the Securities and Exchange Commission SEC require?</h3>
  • A description of the company's assets and operations, a description of the security being offered for sale, and other pertinent information are all included in the registration forms that a company submits to the SEC. information on the organization's management; and.
  • The required holding period must be satisfied first. The holding period for a public company is six months, and it starts on the day that a holder purchases and pays in full for securities. The holding period is one year for a business that is exempt from SEC filing requirements.

To learn more about : Organization's management

Ref : brainly.com/question/28072798

#SPJ4

4 0
1 year ago
The Hallmark Card Company is able to maintain good dealer relationships because it limits the number of stores in a geographic a
Marta_Voda [28]

The given question is about Business studies.

Hallmark uses <u>Selective </u>distribution.

Selective Distribution: This refers to a strategy where a firm opens a particular or less number of outlets first in a specific location. This might be limiting at first but is surely a good start as this not only reduces the chances of loss instead helps the brand/ firm to prosper and focus on its product quality. Initially, the retailers and distributors appointed by the firms are few but later on, this marketing strategy proves to be superior. It has the following benefits:

  • Better market coverage than distribution.
  • Concentrated efforts on specific outlets
  • More control and less cost than intensive distribution

Here are the related links:

brainly.com/question/6480975

brainly.com/question/6608030

#SPJ4

7 0
2 years ago
. Calculate the cost of the raw material (Gilden) purchases by month and in total, for the third quarter.
snow_lady [41]

Question attached

Answer and Explanation:

Please find attached

7 0
3 years ago
A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit o
olya-2409 [2.1K]

Answer:

acquisition

Merger

Explanation:

Acquisition is when a company purchases almost all the shares of another company in order to have full control over it. For companies that are distressed or are not able to operate as a going concern, such can put up the company for sale.

In acquisition, the buying company oftentimes retain its name which is already a brand , work and build on the strength of the old company in order to achieve returns. Companies acquire other companies in order to have large market shares and also to diversify their business operation.

One of the benefit of acquisition is that it gives room for fresh ideas due to coming together of different people and also brings people that are experts in their various fields.

Merger is when two or more firms comes together to form a single entity.

Companies or firm merge in order to form an alliance and also send strong signals to other competitors.

Firms also merge in order to increase their financial capacity. This will enable them to be able to finance their business operations. They are also able to increase their asset base as a result of the merger.

4 0
3 years ago
Other questions:
  • Because of the adverse selection problem loading...​:
    5·1 answer
  • For which of the following goods is the income elasticity of demand likely highest?
    7·1 answer
  • What satellite television channel focuses on the interests of rural america
    11·1 answer
  • Which of the following is a primary market transaction? a. You sell 200 shares of IBM stock on the NYSE through your broker.b. Y
    6·1 answer
  • Which of the following statements is CORRECT?
    11·1 answer
  • How does a country's business cycle generally affect the international trade balance?
    8·1 answer
  • Sound Financials Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices. I
    11·1 answer
  • Determine how each scenario will impact either supply or demand in the given market.
    13·1 answer
  • Adam borrowed money to buy a new car. The bank has a lien on the car. What could happen if Adam doesn't make his payments on tim
    7·1 answer
  • Culver Corporation was organized on January 1, 2022. It is authorized to issue 22,800 shares of 6%, $50 par value preferred stoc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!