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
SSSSS [86.1K]
3 years ago
11

Suppose your statistics instructor gave six examinations during the semester. You received the following exam scores (percent co

rrect): 79, 64, 84, 82, 92, and 77. To compute your final course grade, the instructor decided to randomly select two exam scores, compute their mean, and use this score to determine your final course grade.
a. Compute the population mean. This is your average grade based on all of your grades. (Round your answer to 2 decimal places.)
b. Compute the population standard deviation. (Round your answer to 2 decimal places.)
Business
1 answer:
mixas84 [53]3 years ago
3 0

Answer: a) the population mean is 79.67

b) the population standard deviation is 6.20

Explanation:

a) to calculate the population mean, add all the values together, and then divide by the number of values added: (79+64+84+82+92+77)/6 = 478/6 = 79.67

b) to calculate to population standard deviation, take each value and subtract the mean, square each answer and add them all together, then divide the answer by the number of values added - 1:

(79-79.67)^{2} + (64 -79.67)^{2} + (84-79.67)^{2} + (82-79.67)^{2} + (92-79.67)^{2} + (77-79.67)^{2}  = 429.33

429.33/(6-1) = 85.87

The standard deviation will be the difference between this value and the mean:

85.87 - 79.67 = 6.20

You might be interested in
American Inc. had gross sales of $925,000. Cost of goods sold and selling expenses were $490,00 and $220, 000 respectively Ameri
drek231 [11]

Answer:

a. Particulars                                Amount

Gross sales                                  $925,000

Less: COGS                                 <u>$490,000</u>

EBITDA                                        $435,000

Less: Depreciation                      <u>$120,000</u>

EBIT                                              $315,000

Less: Interest on notes payable <u>$8,800   </u>  (220000*4%)

EBT                                               $306,200

Less: Tax (35%*306200)             <u>$107,170</u>

Net Income                                   <u>$199,030</u>

<u />

b. Operating cash flow = Net income + Depreciation

Operating cash flow = $199,030 + $120,000

Operating cash flow = $319,030

6 0
3 years ago
What types of businesses are needed to make the product and deliver it to the final consumer.
Gnesinka [82]

Answer:

Manufacturing and Merchandising businesses

Explanation:

The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.

On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.

Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.

8 0
3 years ago
Ocean City Kite Company sells kites for $11.50 per kite. In FY 2019, total fixed costs are expected to be $250,000 and variable
Dmitry_Shevchenko [17]

Answer:

40,000 kits

Explanation:

The computation is shown below:

Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit

where,

Total contribution margin required is

= Total fixed cost + operating income

= $250,000 + $90,000

= $340,000

And, the

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit

= $11.50 - $3

= $8.50

So, the number of kits required is

= $340,000 ÷ $8.50

= 40,000 kits

8 0
3 years ago
Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% t
vitfil [10]

The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).

<h3>Real interest rate </h3>

A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.

Learn more about real interest rate here:

brainly.com/question/13324776

#SPJ4

3 0
2 years ago
1. B. Journalize the transactions for May, starting on Page 20 of the journal.*
jeyben [28]

Answer:

Rent Expense (Dr.) $5,000

Cash (Cr.) $5,000

Inventory (Dr.) $35,380

Accounts Payable Martin Co. (Cr.) $35,380

Accounts Receivable Korman Co. (Dr.) $62,000

Sales (Cr.) $62,000

Cost of Goods Sold (Dr.) $48,500

Inventory (Cr.) $48,500

Explanation:

Advertising Expense (Dr.) $21,800

Cash (Cr.) $ 21,800

Cash (Dr.) $62,000

Accounts Receivable Korman Co. (Cr.) $62,000

Customer Refund Payable (Dr.) $31,500

Cash (Cr.) $31,500

Sales Salaries Expense (Dr.) $12,000

Office Salaries Expense (Dr.) $ 38,000

Cash (Cr.) $50,000

Store Supplies Expense (Dr.) $2,200

Cash (Cr.) $2,200

8 0
3 years ago
Other questions:
  • When configuring a group of radio button form controls, the value of the ________ attribute on each radio button must be the sam
    6·1 answer
  • S&amp;P Enterprises sold 10,000 units of inventory during a given period. The level of inventory of the manufactured product rem
    11·1 answer
  • A computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000,
    15·2 answers
  • Cool Fan Company sells 10,000 units to wholesalers each year at $60 per unit. The materials cost $10 per fan and unit labor cost
    11·1 answer
  • Bond valuationThe process of bond valuation is based on the fundamental concept that the current price of a security can be dete
    11·1 answer
  • (a) suppose that a homeowner converts part of an existing family room in her house into a new bathroom. what is the expected inc
    6·1 answer
  • Which of the following is a criterion that must be met in order for an item to be recognized as an intangible asset?
    7·1 answer
  • The _________ effect may explain much of the small-firm anomaly.I. JanuaryII. neglectedIII. liquidityA. I onlyB. II onlyC. II an
    10·1 answer
  • Which of the following statements about material requisitions is false? a. Material requisitions are often computerized. b. Mate
    12·1 answer
  • The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coa
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!