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aksik [14]
3 years ago
10

A set of sweater prices are normally distributed with a mean of 585858 dollars and a standard deviation of 555 dollars.What prop

ortion of sweater prices are between 48.5048.5048, point, 50 dollars and 606060 dollars?
Business
1 answer:
Mama L [17]3 years ago
8 0

Answer:

Explanation:

 Mean μ = 58

standard deviation σ = 5

x₁ = 48.5 , x₂ = 60

value of t = (x₂ -  μ )/ σ

= (60 - 58) / 5 = .4

Area under normal curve = .1554

value of t = (μ -x₁)/ σ

=(58 - 48.5 )/5

= 1.9

Area under normal curve = .4713

Total area = .4713 + .1554

= .6267

= 62.67%

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bagirrra123 [75]
I would say your answer is A.

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8 0
3 years ago
The owner of Grandma's Applesauce is planning to retire after the coming year. She has to repay a loan of $50,000 plus 8 percent
Aleks04 [339]

Answer:

Option (B) $5,000

Explanation:

Data provided in the question:

Repayment of Loan = $50,000

Interest = 8%

Cash flow             Probability

$65,000                    70%

$45,000                    30%

Tax rate = 0%

Now,

Interest on loan = 8% of $50,000

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Expected value of cash flow = ∑[cash flow × Probability ]

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= $5,000

Hence,

Option (B) $5,000

3 0
3 years ago
Question 6
Scilla [17]

Answer:

C)refusing to work until certain demands are met.

Explanation:

The idea behind a strike is to remind the employer or owner of the company that workers are a key part of the production. Strikes are an effective form of protest because they can paralyze a factory or a firm.

Strikes are usually more effective when the workers cannot be easily replaced by the employer.

7 0
3 years ago
All of the following costs are likely to decrease as a result of better quality except:
swat32

Answer:

The correct answer is (d)

Explanation:

Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.

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Jlenok [28]
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3 years ago
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