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neonofarm [45]
4 years ago
11

A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean

of $425,000 and standard deviation of $130,000. What is the probability that her revenue will exceed $600,000? a. .9999 b. .0085 c 5000 d..9115
Business
1 answer:
charle [14.2K]4 years ago
3 0

Answer:

b. .0085

Explanation:

we normalize our sample to get a Pz value

P_z = \frac{X - \mu}{\sigma} \\P_Z = \frac{600,000 - 425,000}{130,000}  = 1,3461538461

Then, we look in the tables for the accumulated probability at that point:

0.910873547

This is the area BELOW teh given mark we are asked for the probability above the area (more than 600,000)

1 - 0.910873547 = 0,089126

the most close estimation will be option b

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A ________ involves the introduction of a modified product rather than a totally new product, and has the least disruptive influ
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4 years ago
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George, an unmarried cash basis taxpayer, received the following amounts during 2016:Interest on savings accounts$2,000Interest
madreJ [45]

Answer:

c. $3,150

Explanation:

The computation of the gross income is shown below:

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= $2,000 + $600 + $250 + $300

= $3,150

We do not consider the school bonds as it would not be included in the gross income. So, we ignored it

5 0
3 years ago
Read the Leading Innovation and Change: Best Practices Case Study and answer the following in the Lesson Forum: What elements of
4vir4ik [10]

The correct answer to this open question is the following.

Although there is no further information about the case of study, we can say that the question possible refers to the case where the name of the company is just "The Client." The name of the document is "Leading Innovation Change - The Kotter Way."  

This case refers to the challenges faced by an organization when it is time to innovate. Many members want to innovate but the culture of the company or the lack of proper leadership from managers often hinders the innovation efforts of the company.

So some of the elements of Kotter's Eight Stages of Leading Change that were included in the case were the following.

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3 years ago
The amount of xylene that can be used in household paint is legally limited to 0.03 percent. Anything beyond this amount is haza
julia-pushkina [17]

Answer: B) economic responsibilities toward its shareholders

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Producing xylene-free paints reduces the dividends that are going to shareholders so it would seem that shareholder wealth is not being maximized and they are not getting the maximum return they could get so the company is violating its economic responsibilities towards shareholders. It is for a good cause though.

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