Answer:
Deal
Explanation:
Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000
The probability of selecting each bad is equal and it is 1/5
Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)
= 0.2 * 1180001
= $236,000.2
0
Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.
Answer:
D) Resource pool model
Explanation:
The Resource Pool is a set available to define project tasks. The resource pool can be assigned to only one project or task, or can be shared by several projects. A resource may be part of a separate resource list for multiple projects, or a single resource can be part of a common resource pool. Automation of project management facilitates the creation and use of resource pools. The project management software allows you to create custom project documentation for resource information that facilitates data and task management. The Resource Pool allows you to schedule sources for multiple projects. Because the information is integrated and accessible to all users, you can quickly identify contradictions between the tasks of an employee in different projects and see how their time is devoted to each project.
Which type of decision by U.S. companies often involves setting up operations in another, lower-wage country and hiring employees there? Outsourcing a function. When a company outsources they find work abroad, outside of their home country, to complete the work for them. When companies outsource it's because it either speeds up their work processes, is cheaper labor, or both. Outsourcing is a very popular process used by companies in the United States.
Answer:
The mean income is the average income of all households in the country, while the median income divides the total into two groups, those who earn above the median and those who earn below the median (i.e. the median would be middle point.)
If income inequality has increased then the mean income should rise above the median income since it is affected by extremes, e.g. the 10% richest earn 9 times more income than the lower 90%.
Since we are not given the increase in income inequality, we can assign any positive slope to the mean income.
