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Vesna [10]
3 years ago
8

​jody, a statistics​ major, grows tomatoes in her spare time. she measures the diameters of each tomato. assume the normal model

is appropriate. one tomato was in the 50th percentile. what was its​ z-score?
Business
1 answer:
just olya [345]3 years ago
5 0
Refer to the attached Z Table: (Credit to UFL Stat Dep)
 http://www.stat.ufl.edu/~athienit/Tables/Ztable.pdf

There are two charts: one consisting of negative z values and another consisting of positive z values. The negative z values correspond to values on the left side of the normal curve (below the 50th Percentile). The positive z values correspond to the values on the right side of the normal curve (above 50th percentile).

If the further below the 50th percentile we get, the larger the negative number gets for z, and the further above the 50th percentile we get, the larger the positive number is for z, what do you think the z score of a tomato that is exactly on the 50th percentile is?

Referring to the chart (find .5000) for both the negative and positive z values, your intuition is confirmed: the z-score is 0.

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Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business
kirza4 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 30% in the month following the sale.

Cash collection:

Cash= 320,000*0,25= 80,000

Account= (320,000*0.75)*0.7= 168,000

From September= (250,000*0.75)*0.3= 56,250

Total= $304,250

8 0
3 years ago
How do the decisions you make as a consumer affect people all over the world?
skad [1K]

Answer:

As a consumer I can influence the economy in different ways. When buying certain product or service, I am signaling that I like that certain product so producer will produce more of that product. In addition, it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors. Reason for that can be quality or price, so they will try to change something to stay competitive on the market. In addition to this, the consumer can join private organizations, interest groups, and lobby, influence public officials to vote according to the wishes of that group. In other words, with interest groups, consumers can push their agenda.  

6 0
3 years ago
Read 2 more answers
Marsha’s Pet Store employs six employees. Their duties are to sell pets, replenish the stock, keep the pets’ cages clean, feed t
Gemiola [76]

Answer: True.

Explanation:

People sometimes have a tendency of doing only what they are told to do or only what they are paid for. This is why most people who progress in a company do so on the basis of having done work that was not in their description, but would have helped the company progress.

It would appear that Marsha's 6 employees are all of the caliber of employees who just do what they are told and nothing more.

For this reason therefore, she would include a stipulation changing the scheme to include careful performance of the other duties before any sales commission can be earned. This way they'll start to do those other things since they are now paid to do so.

8 0
3 years ago
What do you understand by Ranger?​
NeX [460]

Answer:

A ranger is a person who takes care of a park or piece of land.  

Explanation:

Is there a story or reading that you would like to request support with that concerns the word Ranger?

6 0
2 years ago
A company had the following stockholders' equity information available at year-end. - Issued 11,000 shares of $2.00 par value co
Luba_88 [7]

Answer:

$28.5

Explanation:

Earnings per share is calculated for Equity shares.

And the treasury stock is not included.

Total equity shares in number = 11,000 - 1,000 (Treasury stock)

= 10,000 shares

Total earnings = $200,000

Further provided that dividend to preference shareholders is paid.

Dividend on preference capital is fixed, that is the rate multiply the par value, dividend is not paid on security premium amount.

Preference dividend = 5,000 \times $50 \times 6% = $15,000.

The information provided for share issue rates is of no importance of equity, whereas the relevant number provided is important.

Thus earnings after preference dividend = $200,000 - $15,000 = $285,000

Earnings per share = $285,000/10,000 = $28.5 per share.

6 0
3 years ago
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