Answer:
Explanation:
To calculate, the binomial distribution formula can be applied
P(X)= nCx * Px * (1 - P)^(n - x)
Random sample of 6 adults:
P(X≥3) = P(X=3) + P(X=4) + P(X=5) + P(X=6)
(6 C 3)0.30^3 * 0.7(6-3) + (6 C 4)0.30^4* 0.7^(6-4) +(6 C 5)0.30^5* 0.7^(6-5) + (6 C 6)0.30^6* 0.7^(6-6) =
0.1852+0.0595+0.0102+0.0007
= 0.2556
[6 C 3 = 6!/(6-3)!3! = 1*2*3*4*5*6/1*2*3*1*2*3, and to calculate others apply to this formula]
Answer:
A.) $4,545 b) $5,430 c) $885
Explanation:
Given the following :
Number of shares purchased = 300
Cost per share = $15.15
Total initial investment :
Number of shares purchased * cost per share
300 * $15.15 = $4,545
B)
Total amount received when he sold his shares :
Amount at which shares was sold = $18.10 per share
Therefore,
Total amount received :
$18.10 * 300 = $5,430
C.)
Profit made on investment :
Amount received when shares was sold - total initial investment
$5,430 - $4,545
= $885
Answer:
The correct answer is letter "D": Volunteer to help Terry train Susan on the safety procedures.
Explanation:
According to the case, Terry might know about the safety procedures of the company but he is not committed to them. Thus, he is not the best example to provide training for a new employee. In such a situation, we could volunteer to train both Terry and Susan -<em>the new hire</em>- on how to efficiently and effectively follow the safety guidelines of the firm.
Answer:
$885.65
Explanation:
Missing word <em>"You are considering the purchase of a $1,000 par value bond with an 6.5% coupon rate (with interest paid semiannually) that matures in 12 years. If the bond is priced to provide a required return of 8%, what is the bond’s current price?"</em>
<em />
Rate = 8% / 2
Nper = 12 * 2 = 24
Pmt = 1,000 * 6.5% / 2 = 32.5
FV = 1,000
Bond's current price = PV(rate, nper, pmt, fv)
Bond's current price = PV(8%/2, 24. 32.5, 1000)
Bond's current price = $885.65
So, the bond's current price is $885.65
Agreements between two or more independent firms to cooperate for the purpose of achieving common goals such as a competitive advantage or customer value.
Answer: Option D.
<u>Explanation:</u>
Strategic alliance is the alliance of two or more firms or companies with each other. This alliance has been formed by tow or more companies with each other in order to achieve common goals.
But this does not mean that these firms and companies will give up their independence in forming their alliance. The goals for forming this is to earn profits and get access to the market.
