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neonofarm [45]
3 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]3 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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Suppose maria and nikki can produce ballet shoes. if maria's opportunity cost of producing ballet shoes is higher than nikki's o
luda_lava [24]

If  Maria's opportunity cost of producing shoes is higher than nikki's opportunity cost of producing shoes, then Nikki has a comparative advantage in the production of baellet shoes.

What is meant by production?

Making something out of parts or raw materials is the act of producing something. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.

Production is the process of combining various immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an output, a good or service that has value and enhances people's usefulness.

To learn more about production click the given link

brainly.com/question/16755022

#SPJ4

8 0
1 year ago
An increase in the costs of resources or inputs of production would shift the ________.
nadya68 [22]

Answer:

C. short-run aggregate supply curve leftward

Explanation:

When the cost of production or inputs of production increase the short run supply curve shifts left because the producers are now willing to sell less at the same price because it is more expensive for them to produce, so at every price the production decreases because of which the supply curve shifts left. The long run supply curve isn't affected by an increase in costs of resources because it is the potential of the economy and an increase in costs of does not change the potential of the economy.

5 0
2 years ago
________ at IKEA include cost-consciousness, constant desire for renewal, and accepting and delegating responsibility.
Anna007 [38]

Ikea has core business values such as consciousness, constant desire for renewal, and accepting and delegating responsibility.

<h3>What are the core values in a company?</h3>

The fundamental values of a company are the purposes that guide the attitudes of all members of the company. Additionally, these values are related to the common objectives, mission and vision of a company.

In the case of Ikea, it is a company that emerged in Sweden that has led the market for the sale of furniture and other household items that has stood out for its business values.

Among the most outstanding values of Ikea are:

  • Togetherness
  • Caring for people and planet
  • Cost-consciousness
  • Simplicity
  • Renew and improve
  • Different with a meaning
  • Give and take responsibility
  • Lead by example

Note: This question is incomplete because the options are missing. Here are the options:

A. Core values.

B. Missions.

C. Strategies.

D. Competencies.

E. Competitive Advantages.

Learn more about Ikea in: brainly.com/question/13991097

7 0
2 years ago
Select the best answer for the question.
BlackZzzverrR [31]

Answer:

hope it helps you ;)

Explanation:

Retail businesses can include grocery, drug, department and convenient stores. Service related businesses such as beauty salons and rental places are also considered retail businesses.

4 0
2 years ago
Crane Real Estate Company management is planning to fund a development project by issuing 10-year zero coupon bonds with a face
xxTIMURxx [149]

Answer:

Present value of zero coupon bond = $283

Explanation:

Provided that zero coupon bonds are to be issued.

In zero coupon bonds issue price is less than face value to meet the needs.

Interest rate = 13%

Duration = 10 years, Paid semiannually.

Thus periods = 20

Interest rate = 13 \times \frac{6}{12} = 6.5

Therefore, Present value factor @6.5% for 20 periods = 0.283

Therefore, Value of bond today = $1,000 \times 0.283 = $283

3 0
3 years ago
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