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Aleks [24]
3 years ago
14

Does listening to soothing music help employees concentrate better? A psychologist studied the number of puzzles employees of a

large business were able to solve in a five-minute period while listening to soothing music. Let X be the number of puzzles completed successfully by a subject. The psychologist found that X had the following probability distribution.
#Puzzles completed Probability
0 0.06
1 0.16
2 0.19
3 0.32
4 0.24
5 0.03
What is the expected number of puzzles completed by an employee ?
Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

Total puzzles solved expected by an employee: 2.61

Explanation:

we multiply each outcome by the probability adn then add them together. Thus, we are doing a weighted-average

0 x 0.06  =      0.00

1 x 0.16    =      0. 16

2 x 0.19   =      0.38

3 x 0.32  =      0.96

4 x 0.24  =      0.96

5 x 0.03  =<u>      0. 15 </u>

Total puzzles  2.61

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Pine Street Inc. makes unfinished bookcases that it sells for $58.10. Production costs are $37.49 variable and $10.50 fixed. Bec
love history [14]

Answer:

Pine Street should sell  finished bookcases because they have a higher contribution margin.

Explanation:

We compare the contribution margin of the two categories to find out whether Pine Street should sell unfinished or finished bookcases.

Pine Street Inc.

Unfinished bookcases

Contribution Margin

Sales Price                                         $58.10

Less  Production costs

Variable Costs  $37.49

<u>Fixed Costs $10.50                         (47.99)</u>

<u>Contribution Margin                      $ 10.11</u>

Pine Street should sell  finished bookcases because they have a higher contribution margin. It is almost double of the unfinished book cases contribution margin.

Pine Street Inc.

Finished bookcases

CONTRIBUTION MARGIN

Sales Price                                                                 $74.91

Less Production costs

Variable Costs  $37.49 + $5.79 = $ 43.28

<u>Fixed Costs $10.50                                                     $ (53.78)</u>

<u>Contribution Margin                                               $ 21.13</u>

4 0
3 years ago
A movie theater substantially decreases the price of its soda during the same week that a heavily advertised new movie is being
navik [9.2K]

Answer:

Price and quantity both increase

Explanation:

The decrease in the price of soda can caused increase in demand of soda. But because customers like to enjoy movies,soda and popcorn together, the increase in demand of popcorn is possible, which can cause increase in price and quantity of popcorn.

5 0
3 years ago
When someone owns an asset (such as a share of stock) that rises in value, he has an "accrued" capital gain. If he sells the ass
puteri [66]

Answer:

Please check the answer below

Explanation:

a. One issue is the "locking-in" of assets. If I hold shares of Corporation X, then I can delay paying taxes as long as I don't sell. Effectively, I get to keep all of the interest/dividend payments on my tax liability. However, if I discover that X is really a poor investment and Corporation Y is better, then selling X and buying Y means that I have to pay taxes. This might discourage me from making a switch to a more profitable/efficient investment decision. This is the "locking-in" effect.

b. A short-run cut might cause many people to sell stocks that they had felt "locked-in" with. The penalty for switching is smaller, so more people will do it -- resulting in a great deal of cap gains tax revenue collected.

c. Taxing realized gains, even when the stock is not sold, rather than just accrued gains would eliminate this locking-in effect. Investors would not be penalized for switching to a better investment, and long-term capital gains revenue (as well as efficiency) would rise.

6 0
3 years ago
M's Pizza, a fast food chain, decides to explore the hospitality industry and signs a partnership with the Silverline Chain of H
Rina8888 [55]

Answer:

The correct answer is letter "D": Market development.

Explanation:

Market development is a strategy firms use to introduce a product into another existing market attracting new consumers to the same business. The strategy implies selling existing products in new geographical areas but it can also refer to selling the same goods or services to the same customers in new ways.

7 0
3 years ago
Which of the following should NOT be considered when determining a fair option fee?A. Cost of a title search B. Tenant's credit
emmasim [6.3K]

Answer:

A. Cost of a title search

Explanation:

Option B - Tenant's credit rating is a necessary thing when determining a fair option fee. So, it is not the correct answer.

Option C - Without the number of terms, it is difficult to determine a fair option fee. So, it is also incorrect.

Option D is also wrong, as property value is the main element of finding a fair fee.

Therefore, Option A is the answer as, during the determination of a fair option fee, the cost of the title search is not a necessary element.

6 0
3 years ago
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