A grand strategy that involves reduction in the organization's efforts is the _____

American energy review reported that 27% of american households burn wood. if a random sample of 500 american households is sele

Juli2301 [7.4K]

This is binomial distribution problem. 
We are given that:

n = sample size = 500

p = proportion which burns wood = 0.27,

q = proportion which does not burn wood = 1-p = 0.73

A. Mean is calculated as:

Mean = n*p

Mean = 500 * 0.27

Mean = 135

B. Variance is calculated as:

Variance = n*p*q

Variance = 500*0.27*0.73

Variance = 98.55

C. Standard deviation is calculated as:

Standard deviation = sqrt(variance)

Standard deviation = sqrt(98.55)

Standard deviation = 9.93

4 0

3 years ago

The 2016 financial statements of The New York Times Company reveal average shareholders’ equity attributable to controlling inte

Umnica [9.8K]

Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

5 0

3 years ago

The strength of the economy depends on the balance of production and consumption of goods and services true or false

34kurt

The answer is True because it depends on both

4 0

3 years ago

Read 2 more answers

Lake Incorporated purchased all of the outstanding stock of Huron Company paying $967,000 cash. Lake assumed all of the liabilit

stich3 [128]

Answer:

Goodwill is $262,800

Explanation:

Goodwill is the excess of purchase consideration over fair value of net assets

Fair value of net assets is the fair value of total assets minus fair value of total liabilities

Fair value of total assets=$124,200+$757,000=$881,200

fair value of total liabilities=$177,000

fair value of net assets=$881,200 -$177,000=$704,200

Goodwill=purchase consideration-net assets

purchase consideration is $967,000

fair value of net assets $704,200

goodwill=$967,000-$704,200

goodwill=$262,800

The correct option is the third option in the multiple choices

3 0

3 years ago

Pettit Company reports net income of $90,000 in 2019. However, ending inven- tory was understated $7,000. What is the correct ne

zimovet [89]

Answer:

a)Corrected net income= $97,000

b) Total assets figure is understated.

Explanation:

To arrive at the net income, cost of goods sold is usually deducted from the sales revenue. An cost of sold is determined by subtracting the value of inventory. So an understated inventory would mean an overstated cost of goods sold and understated net income

Correct net income = 90,000 + 7,000

 = $97,000

Inventory is part of current assets s reported in the balance sheet . Therefore, if inventory is understated it implies that the current assets figure is understated and therefore the total assets figure is understated.

8 0

3 years ago

A grand strategy that involves reduction in the organization's efforts is the ______ strategy.