1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zaharov [31]
3 years ago
6

Curling is a sport where teams slide stones on ice and attempt to hit targets. Teams consist of four players. Suppose that Bob,

Carol, Ted, and Alice are on a team. Bob and Carol have a 40% chance of slipping on the ice; Ted and Alice have a 20% chance. Each slip results in a bruise that costs $150 to treat.
If each member were offered bruise insurance, the premium would be $ (round your response to two decimal places)
Business
1 answer:
larisa86 [58]3 years ago
8 0

Answer:

Premium is likely to be $180.00

Explanation:

Two players have 40%  chance of slipping

Equally,two players have 20% chance of slipping

bruise cost per slip is $150

Premium=40% chance of slipping*bruise cost*2 players +20% chance of slipping*bruise cost*2 players

Premium=40%*$150*2+20%*$150*2

Premium=0.4*$150*2+0.2*$150*2

premium=$60*2+$30*2

premium=$120+$60

premium=$180.00

If the insurance company offers bruise insurance to the players ,the premium is likely to be in the region of $180.00

You might be interested in
Questions for the Opening Vignette Why is it important for IRS and for U.S. state governments to use data warehousing and busine
podryga [215]

Answer:

I have typed each answer under it's corresponding question for easier understanding.

Explanation:

1. Why is it important for IRS and for U.S. state governments to use data warehousing and business intelligence (BI) tools in managing state revenues?

<em><u>using Bi tools allows for better analysis and this woiuld make understanding and governance to be easier for the government. revenues can be very complex and difficut to understand but business intelligence tools can make it easier.</u></em>

2. What were the challenges the state of Maryland was facing with regard to tax fraud?

<em><u>the state of maryland was having issues with tax fraud  due to fraudulent returns and they were having problems detecting and investigating this because of how time consuming the process was.</u></em>

<em>3. </em> What was the solution they adopted?

<em><u>As a solution the state used a data warehouse from teradata. this gave them the opportunity to be able to identify and trace data that showed patterns of fraudulent returns. priority was made to go after refund fraud.</u></em>

4. Do you agree with their approach? Why?

<em><u>yes i agree with their approach. the reason is because the use of this tools in tracing tax fraud was an efficient way of tracing the problem and through the results appropriateways on how to combat the problem would be adopted</u></em>.

5. What were the results that they obtained? Did the investment in BI and data warehousing pay off?

<em><u>through the use of these tools the state was able to recover about 7 million dollars. therefore the investment paid off.</u></em>

6. What other problems and challenges do you think federal and state governments are having that can benefit from BI and data warehousing?

<em><u>some other problems that the government is having which can benefit  from these tools are</u></em>

<em><u>a. voter fraud</u></em>

<em><u>b. medical usage</u></em>

<em><u>c. other forms of tax issues.</u></em>

5 0
3 years ago
Tracy is a salesperson for Zorc Computers and is having trouble getting sales. Her customers
kow [346]

Answer:

D) does not know the products well enough to sell them.

Explanation:

Tracy as a salesperson for Zorc Computers is having trouble making sales as her customers keep bringing up objections which she cannot overcome. There is a high chance Tracy doesn't know the products well enough to be able to convince customers about its functions and why they should buy it.

The customers constantly bring up objections because they are not satisfied with the explanations Tracy is giving them.

The scenario would probably have been different if she knows the products well enough to sell them so if any objections are raised by the customers, she can easily calm their fears and explain exactly how each computer would perform under different circumstances.

Let's say for instance she tells a customer that a particular computer can play Pes 2020 game comfortably without delays because of the RAM size and graphic card, if the customer objects, she can go ahead to educate the person on the functions of the RAM and graphic card and the particular graphic card the computer uses for it to run the Pes 2020 game without hitches.

3 0
3 years ago
A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
liraira [26]

Answer:

Explanation:

Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.

Based on the information given, this will then be:

1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x

1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x

1310x - 20x = 32377.3 - 4075.5 + 32000

1290x = 60301.8

x = 60301.8/1290

x = 46.75

Therefore, the answer is 46.75 days.

6 0
3 years ago
How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$5 comma 500 each year for
Zarrin [17]

Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

Where

P= Initial deposit

R=Regular Withdraw amount

i=Interest rate

n=Number of years/periods

After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

6 0
3 years ago
On January 2 Kelly company performed $800 worth of services for a client. The client paid $100 immediately, but promised to pay
Sliva [168]

Answer:

$100, $700, $800

Explanation:

Calley Journal entries would include:

Debiting $100 to the cash account

Debit the $700 to the receivables account

Credit $800 to the revenue account

This follows the double entry rule that a credit in one account must correspond to at least one debit in another account.

We debit all asset accounts(receivables,cash) when increased and credit all liabilities account when increased. We credit all income account(revenue) when increased and debit all expenses account when increased.

6 0
3 years ago
Read 2 more answers
Other questions:
  • In the event of an incident or disaster, which planning element is used to guide off-site operations?
    13·1 answer
  • Consider the market for the British pound sterling (GBP). Note that although the United Kingdom (Great Britain) is an official m
    8·2 answers
  • Which of the following is a correct statement regarding the nature and timing of communications between an accounting firm perfo
    14·1 answer
  • An example of an external document that provides reliable information for the auditor is​ a(n) A. purchase order for company pur
    12·1 answer
  • Ducheyne Electric recently declared a 15 percent stock dividend. On the date of the stock dividend Ducheyne had 16 million share
    11·1 answer
  • Jack is a manager in human resource department. He often conducts job interviews to select new employees for new opening positio
    7·2 answers
  • Yanmei, an employee at a news agency, learns that the reason her colleague was asked not to pursue a news story further was beca
    5·1 answer
  • Writing a check on an account with insufficient funds is allowed under certain conditions.
    8·1 answer
  • If a firm's variable cost per unit estimate used in its base case analysis is $50 per unit and they anticipate the upper and low
    14·1 answer
  • Select all that is false about lien digital
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!