Answer:
Cherry Jalopies, Inc.:
mean = (0.22 + 0.11 - 0.04 + 0.06 + 0.09) / 5 = 0.52 / 5 = 0.104
variance = [(0.22 - 0.104)² + (0.11 - 0.104)² + (-0.04 - 0.104)² + (0.06 - 0.104)² + (0.09 - 0.104)²] / 5 = (0.013456 + 0.000036 + 0.020736 + 0.001936 + 0.000196) / 5 = 0.007272
standard deviation = √0.007272 = 0.085276 = 8.53%
Straw Construction Company:
mean = (0.16 + 0.23 - 0.01 + 0.01 + 0.17) / 5 = 0.56 / 5 = 0.112
variance = [(0.16 - 0.112)² + (0.23 - 0.112)² + (-0.01 - 0.112)² + (0.01 - 0.112)² + (0.17 - 0.112)²] / 5 = (0.002304 + 0.013924 + 0.014884 + 0.010404 + 0.003364) / 5 = 0.008976
standard deviation = √0.008976 = 0.09474 = 9.47%
Answer:
High prices
Explanation:
High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:
1. High profits
2. Attraction to create additional products.
3. Increased revenues
4. More capacity of companies to buy more raw materials
5. Capacity to employ more worker
Hence, the right answer is HIGH PRICES
Answer:
Job A's health insurance benefit = $2,460 per year
Job B's health insurance benefit = $3,540 per year
Explanation:
we have to calculate the net monthly benefits for each health insurance plan offered to Candy = total insurance plan benefit - candy's contribution.
Then we multiply the monthly benefit by 12 months to find the yearly value.
Job A's health insurance benefit = $300 - $95 = $205 x 12 months = $2,460 per year
Job B's health insurance benefit = $400 - $105 = $295 x 12 months = $3,540 per year
Answer:
$1,500,000
Explanation:
in order for the insurance company to pay for all the damages, you should have purchased a policy that covered $4,000,000 in damages. Since the policy only covers $3,000,000, the insurance company will pay:
($3,000,000 / $4,000,000) x $2,000,000 (loss) = 0.75 x $2,000,000 = $1,500,000
Warby Parker can offer cheaper glasses than their competition because they <span>use the same materials and factories as Luxottica without the licensing fees.</span>
Hope this helps!
