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3 years ago

We need menu items for the prom....Suggestions?

2 answers:

6 0

Well you should definitely do some appetizers. Try jalapeno poppers or mozzarella sticks.

You can't go wrong with cheese

Sonja [21]3 years ago

6 0

CAAAAAAAAAAAAAAAAAAAAAKE!!!

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Consider this problem: Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil an

astraxan [27]

Answer:

The maximum time guaranteed = 19.04 minutes.

Explanation:

From the given problem data, we have:

Let Y be the random variable which follows the normal distribution.

So,

Y ~ N(u = 15, SD = 2.4

Where, u = mean and SD = Standard Deviation

Let the maximum time guaranteed is = M

So,

P (Y > M) = 0.05 equation 1

Convert this equation 1 into standard normal variable, that is,

P(Y> M) = 0.05

1 - P(Y $\leq$ M) = 0.05

P(Y $\leq$ M) = 1 - 0.05

P(Y $\leq$ M) = 0.95

P $(\frac{Y-u}{SD} \leq \frac{M-u}{SD} )$ = 0.95

P ( Z $\leq \frac{M - 15}{2.4}$ ) = 0.95 Equation 2

From the equation 2, we have,

$\frac{M-15}{2.4}$ = 1.644853627

1.644853627 value is from using the function of Excel

( =NORSINV(0.95)) = 1.644853627

So,

M = 1.644853627 + 2.4 + 15

M = 19.04

Hence, the maximum time guaranteed = 19.04 minutes.

6 0

3 years ago

Why do you think different college majors pay for themselves at different rates?

Brums [2.3K]

In my opinion, i think this happens because different majors can you get different jobs, where people are making different amounts of money! so if you had a education degree, it would take longer to pay it “off” verses say a law degree! hope that kinda helped :)

3 0

3 years ago

Aunt Mabel promised to give you $9000 when you successfully complete your freshman year, $6000 when you successfully complete yo

Blababa [14]

Solution :

At every stage the formula used will be :

$\frac{\text{available balance}}{(1+\text{interest rate})}= \text{required bank balance}$

After the junior year, Aunt Mabel's bank balance will be :

$=\frac{8000}{1.0925}$

= $ 7,322.65

Aunt Mabel's bank balance after sophomore year will be :

7,322.65 + 1000 = $ 8,322.65

$=\frac{8,322.65}{1.0325}$

= $ 8060.677

After the freshman year, bank balance of Aunt Mable's will be :

8060.677 + 6000 = $ 14,060.677

$=\frac{14,060.677}{1.0250}$

= $ 14.0606

If Aunt Mabel can predict the interest rate with accuracy, she will have to deposit :

$ 14.0606 + $ 9000 = $ 9,014.06

$=\frac{9014.06}{1.0525}$

= $ 8,565.241

4 0

3 years ago

Inadequate competition can lead to: a. a competitive marketplace. c. mobility of resources. b. market failure. d. lower prices a

diamong [38]

Inadequate competition can lead to market failure. The correct answer is B, market failure.

5 0

4 years ago

You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti

Levart [38]

a. No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

b. The profit-maximizing price to charge a Texan for a car wash would be $12.

c. The profit-maximizing price to charge a Californian for a car wash would be $18.

(See attached for the calculations.)

Download docx

7 0

4 years ago