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lukranit [14]
3 years ago
14

According to the Internal Revenue Service, the average length of time for an individual to complete (keep records for, learn, pr

epare, copy, assemble, and send) IRS Form 1040 is 10.53 hours (without any attached schedules). The distribution is unknown. Let us assume that the standard deviation is two hours. Suppose we randomly sample 36 taxpayers. Χ =_________.
Business
1 answer:
Inessa [10]3 years ago
7 0

Answer: The distribution of sample means is:

As the sample size is more than 30 so the sampling distribution of the sample means can be said to be approximately normal with the mean equal to 10.53 hours and standard deviation equals to 0.33 hours.

Explanation:

The mean,

μ=10.53

The population standard deviation,

σ= 2

The sample size, n=36

z score:

z= (xbar −μ)/σ

The standard error:

σxbar=σ/√n

=2/√36

=0.33

The standard error represents the distribution sample mean is 0.33.

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Vijay Inc. purchased a 3-acre tract of land for a building site for $420,000. On the land was a building with an appraised value
PtichkaEL [24]

Answer:

$433,900

Explanation:

The computation of the capitalized cost of the land is shown below:-

Capitalized cost of the land = Purchase price + Demolition of building + Title insurance + Attorney fee + Property taxes covered during the period - Scrap value from the building

= $420,000 + $12,000 + $900 + ($3,000 - $500) - $1,500

= $420,000 + $12,000 + $900 + $2,500 - $1,500

= $435,400 - $1,500

= $433,900

5 0
3 years ago
An actuary is a person who assesses various forms of risk. Based on past data, the holder of an automobile insurance policy pays
Likurg_2 [28]

Answer:

With this policy throughout the long run, the insurance company will make money. A further explanation is provided below.

Explanation:

According to the given values in the question,

The expected value will be:

⇒ E(value) = Sum \ of \ (x\times P(x))

By putting all the given values, we get

⇒                 =1000\times 0.05+5000\times 0.02+25000\times 0.01+0\times 0.92

⇒                 =50+100+250+0

⇒                 =400 ($)

As we can see that,

E(value)

400

Thus the above is the correct answer.

8 0
3 years ago
Paying attention to the trends that might impact your future career is called?
salantis [7]
I think the answer would be futurecasting. It is one method used in strategic planning. It involves the practice of perceiving what you future might be looking at present trends and how would this affect the future. Hope this answers the question.
7 0
3 years ago
Kristen's financial advisor has given her a list of potential investments and has asked her to select and rank her favorite. in
cestrela7 [59]

Kristen's monetary marketing consultant has given her a list of potential investments and has requested her to pick and rank her favored in 1680 extraordinary ways Kristen can rank the 4 investments.

Variety of ways that we will select four investments out of 8 investments is the same as C(8, four) = 70 [Without order]

Now those four investments can be organized in 4! = 24 distinct ways

for this reason, total variety of ways = 70×24 = 1680

There are 1680 one-of-a-kind approaches Kristen can rank the four investments.

Potential investments means a capability investment which we're considering making to a Borrower the important thing facts and records on which can be proven on each Lender's Dashboard and on which each Lender may additionally post a Bid. Payback length is the simplest approach to evaluating an investment. It measures the period of time funding takes to pay for itself by dividing the cost of the funding by the yearly cash flows generated by means of the funding.

investment definition is an asset acquired or invested in to build wealth and keep money from the difficult earned profits or appreciation. investment which means broadly speaking to gain an extra supply of earnings or gain benefit from the investment over a selected period of time.

Learn more about Potential investments here: brainly.com/question/11514232

#SPJ4

6 0
2 years ago
The order of presentation of activities on the statement of cash flows is a.operating, investing, and financing. b.operating, fi
Vlad [161]

Answer:

a.operating, investing, and financing.

Explanation:

  • There are three categories of cash flows as the operation, investing and the financial activities and includes the cash activities related to the net income and financing activities include the activates related to the non current liabilities and the owner's equity.
8 0
3 years ago
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