Answer:
(a) E(X) = 3
(b) Var(X) = 12.1067
Explanation:
(a) E[X]
E[X]T = E[X]T=A + E[X]T=B + E[X]T=C
= (2.6 + 3 + 3.4)/3
= 2.6 (1/3) + 3(1/3) + 3.4(1/3)
= 2.6/3 + 1 + 3.4/3
= 3
(b) Var (X) = E[X²]−(E[X])²
Recall that if Y ∼ Pois(λ), then E[Y 2] = λ+λ2. This implies that
E[X²] = [(2.6 + 2.6²) + (3 + 3²) + (3.4 + 3.4²)]/3
= (9.36 + 12 + 14.96)/3
= 36.32/3
= 12.1067
Var(X) = E[X²]−(E[X])²
= 12 - 3²
= 12.1067 - 9
= 3.1067
Organizations that assist in moving goods and services from producers to businesses (B2B) and from businesses to consumers (B2C) are called marketing intermediaries.
<h3>What is the purpose of marketing intermediaries?</h3>
marketing intermediaries are those organizations that stand in the gap to
make sure the goods from the producer get to the consumers.
They usually appears as wholesaler and they Organizations that assist in moving goods and services from producers to businesses.
Learn more about marketing intermediaries at:
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Answer:
Some rights of common stockholders are given below.
Voting power on major issues.
Ownership in a portion of the company.
The Right to transfer ownership.
Right to receive declared Dividends.
Opportunity to inspect corporate books, minutes file and other records.
The right to sue for wrongful acts.
Right to attend AGM.
Differences between common and preferred stock
Preferred stock have no voting right while common stock holders have voting right.
When interest rates rise, the value of the preferred stock declines, and vice versa. With common stocks, however, the value of shares is regulated by demand and supply of the market participants.
Common stockholder has right to participate in net asset of company in case of winding up. Preferred stock holder has no such right.
Company profitability have direct effect on wealth of common stockholder but not of preferred stock holder.
Answer:
d. the law of demand
Explanation:
One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.
This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.
Answer:
C.good
Explanation:
A business can offer either goods or services. Goods are tangible products that can be touched, seen, smelled, eaten, etc., depending on the product, e.g. Coke, chocolate, cars, etc. Services are intangible, meaning that they cannot be seen or touched, they are experienced, e.g. going ot the movies, staying at a hotel, etc.