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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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The U.S. government bought 112,000 acres of land in southeastern Colorado in 1968 for $17,500,000. The cost of using this land t
sweet-ann [11.9K]

Answer: c. Is equal to the market value of the land

Explanation:

When deciding the cost of using an asset such as land for something, the best cost to use is the opportunity cost of the land. What would the US Government be doing with the land if they were not turning it for use for the black-tailed prairie doga.

As there are no other alternatives, this cost will therefore be the market value of the land because this is the amount that the Government could get for the land if they sold it instead of using it for the black-tailed prairie doga.

6 0
3 years ago
Deposits of commercial banks at the federal reserve bank are called?
artcher [175]

Deposits of commercial banks at the federal reserve bank are called federal funds.

A bank is a financial institution that accepts deposits from the public and makes loans while depositing demand deposits. Loans can be made directly by banks or indirectly through the capital markets.

Banks do many things, but their main job is to take money, called deposits, from people who have money, pool it, and lend it to people who need it. A bank is an intermediary between depositors (who lend money to the bank) and borrowers (who the bank lends money to).

Banks, institutions dealing in money and its substitutes and providing other money-related services. In their function as financial intermediaries, banks accept deposits and authorize loans.

Learn more about bank here:brainly.com/question/14368059

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6 0
2 years ago
5Z=13, 4G=11, 8K=91, 9B=11, 3P=?​
Anna [14]

Explanation:

Your question isn't clear. But if you are trying to find the value of 3P, with P correlating with any of Z, G, K, or B, then you have to first obtain what these values are.

5Z = 13

=> Z = 13/5

4G = 11

=> G = 11/4

8K = 91

=> K = 91/8

9B = 11

=> B = 11/9

But we don't know what 3P is related to, it would've been easy to make substitutions and obtain the required solution.

3 0
4 years ago
In the united states the largest expenditure component of gdp is
Dmitry_Shevchenko [17]
I believe the answer is Consumption
6 0
3 years ago
Read 2 more answers
Widget Co has a market capitalization of $ 100M. It does a 5-for-1 stock split. It then does a 1- for-25 reverse stock split. Fi
photoshop1234 [79]

Answer: $100M

Explanation:

This is a bit of a trick question but when you come into contact with such questions remember this, stock splits do not change the total Market Capitalization. Market Cap is the total cash value of the company's stock in the market. A split would increase the number of shares outstanding but the market cap will remain the same because the shares will decrease in value.

7 0
4 years ago
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