Answer:
O will increase and output and price level will increase as well.
Explanation:
If workers are more educated, the productivity of the country will increase, increasing total output. As investment in training increases, so thus the workers' capacity to perform more efficiently. Also, when the demand for better (or more) trained workers increases, the salary level will also increase. As workers gain training and/or experience, their salaries increase, e.g. on average, a person with a college degree earns much more than someone with just a high school degree. This increase in the level of salaries will lead to an increase in the general price level.
Answer:
$10.82%
Explanation:
The computation of stock value is shown below:-
First we need to find out the expected dividend for computing the stock value
So, Expected dividend = $1.42 × (1 + 1.3%)
= $1.44
Now, Stock value = Expected dividend ÷ (Required return - Growth rate)
= $1.44 ÷ (14.6% - 1.3%)
= $1.44 ÷ 13.3%
= $10.82%
So, for computing the stock value we simply applied the above formula.
Answer:
A. 0.3204 B. $14.669
Explanation:
Mean = 8.9 SD = 4.5
Required probability = P (X >/= 550/50)
P(X>/=11) = 1 - P[(X - mean/SD) < (11 - mean)/SD]
= 1 - P(Z < (11-8.9)/4.5)
P(X>/=11) = 1 - P(Z < 0.4666667)
Using Excel NORMDIST(0.4666667,0,1,1)
P(X>/=11) = 1 - 0.6796 = 0.3204
The probability that she will earn at least $550 = 0.3204
b. P
(
X > x
) = 0.10
1 − P
(
X − mean)/SD ≤ (x − mean)
/SD = 0.10
P
(
Z ≤ z
) = 0.90
Where,
z = (x − mean
)/SD
Excel function for the value of z:
=NORMSINV(0.9)
=1.282
Hence (x - mean)/SD = 1.282
= (x - 8.9)/4.5 = 1.282
x = (1.282*4.5) + 8.9
x = 14.669
He earns $14.669 on the best 10% of such weekends.
It would be faster for a human resource manager to use a phone to alert employees about a company picnic