Answer:
0.0084
Explanation:
For this probability problem, we will have to make use of the normal probability distribution table.
to use the table, we will have to compute a certain value
z = (x- mean) /Standard deviation
z =
= 2.39
Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.
<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>
This gives us 0.99916
Thus we have P (Z < 2.39) = 0.9916
We subtract the value obtained from the table from 1 to get the probability required.
1 - 0.9916 = 0.0084
The Probability that the employee has worked at the store for over 10 years = 0.0084
Answer:
$387
Explanation:
According to the calendar year, the amount of revenue recognized for the first year would be for 9 months i.e from April 1 to December 31
So, the revenue recognized amount is
= Received amount × number of months ÷ total number of months given
= $1,548 × 9 months ÷ 36 months
= $387
Since the amount is given for 36 months but we have to consider for 9 months only and the same is to calculated above.
Answer:
True
Explanation:
A high cost-to-weight ratio means the product is expensive but does not weigh much.
Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.
<span>Every Business is managed through many different business functions each are responsible for different areas of the business.
Marketing is responsible for sales, collecting customer demand, and to know what the needs of each customer is. Operation Managers job is looking over the production of the goods and/or services. It is the operation managers job to make sure that the company is running smooth and effective.By managing every day activities, analyzing statistics and understanding and transcribing reports, operations managers play a dynamic part in every company.</span>