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irinina [24]
3 years ago
13

An analyst is forecasting net income for Excellence Corporation for the next fiscal year. Her low-end estimate of net income is

$250,000, and her high-end estimate is $350,000. Prior research allows her to assume that net income follows a continuous uniform distribution. The probability that net income will be greater than or equal to $337,500 is ________. 0.125
Business
1 answer:
KIM [24]3 years ago
8 0

Answer:

12.5%

Explanation:

We are estimating the probability to be greater than or equal to $337,500

This probability will be

P(X > $337,500) = (high-end estimate - 337500) / (337500 - low-end estimate)

P(X > $337,500) = (350000-337500) / (350000-250000) = 0.125

                           = 0.125*100

                           = <em>12.5%</em>

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Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

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2 years ago
One type of mutual fund does not endeavor to achieve the goals of a balance of bonds and stock or​ growth, income, and stability
jonny [76]

The correct answer is the Life Cycle Fund.

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2 years ago
If you are reading a web page about a particular topic and see related advertisements appear along the side of the page, do you
suter [353]

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Yes.I do consider this invasion of privacy except i gave a consent to the website owner to use my data.

Explanation:

6 0
3 years ago
Hey um hi if you need help leeme know ig ·ω·
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5 0
2 years ago
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Harold Manufacturing produces denim clothing. This year, it produced 5,290 denim jackets at a manufacturing cost of $42.00 each.
Lerok [7]

Answer:please see answer below

Explanation:

Alternative 1 ----sell told a second hand shop

Incremental revenue=5,290*8= f $42,320

Incremental cost=0

Incremental incomea Revenue -cost =$ 42,320

Alternative 2,---disassembling and sell to recycler

Incremental Revenue=5290*11=58,190

Incremental cost 32,220

Incremental income Revenue-cost=58190-32220=$ 25,990

Alternative 3 Reworking to sell at normal price

Incremental revenue =45*2950= 132, 750

Incremental cost=102,500

Incremental income=132,750-102,500= $ 30250

Incremental income for the three alternatives is given as

Ist alternative to sell to second hand shop= $ 42,320

2nd alternative to dissemble and sell to recycler= $ 25,990

3rd alternatively rework to sell at regular price= $ 30,250

5 0
3 years ago
Read 2 more answers
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