Answer:
The answer is C) Differing frames of reference, for the first part.
B) Be more aware of your frame of reference, is the answer to the second part.
Explanation:
Frame of reference simply means that it is a judgement you make based on your perceptions, understandings and opinions. Frame of reference is highly subjective and depends on each individual.
In this scenario, from Supervisor's point of view, the drive was a "Short" drive. But for you, the drive was "Super long".
By being aware of how the other person refer to certain matters and having a general idea about his/her frame of reference will solve this problem in the future.
A= Accident caused by blue cab B= witnesses told the cab was blue.It is easy and straightforward to have probability of P(A)= 15% and P(B/A) is 85%. Following the law of total probability.<span><span><span>P(D)</span><span>=P(D|H)P(H)+P(D|<span>¯H</span>)P(<span>¯H</span>)</span></span><span> <span>=0.8⋅0.15+0.2⋅0.85=0.29</span></span></span>Therefore I get <span>P(H|D)=41%</span>. Thus, even if the witness said that the cab involved in the accident was Blue, the probability of this being true is only <span>41%</span>.
Answer:
The smallest Q that will suffice is 409.86
Explanation:
Since Future value of payments = 14000
300*[(1 + 3%/12)^12 - 1]/3%/12*(1 + 3%/12)^24 + Q*[(1 + 3%/12)^24 - 1]/3%/12 = 14000
Q*[(1 + 3%/12)^24 - 1]/3%/12 = 14000 - 300*[(1 + 3%/12)^12 - 1]/3%/12*(1 + 3%/12)^24
Q = 409.86
Therefore, The smallest Q that will suffice is 409.86
Answer: $18,128.27
Explanation:
Real interest rate = [( 1 + Nominal rate ) / ( 1 + inflation rate)] - 1
= [(1 + 13%) / ( 1 + 4.4%) ] - 1
= 8.2375478927203065134%
This is dealing with the future value of an annuity where $5,000,000 is that future value.
Future Value of an annuity = Amount * {[((1 + r )^n) - 1] / r}
5,000,000 = Amount * {[((1 + 8.2375478927203065134%% )^ 40) - 1] / 8.2375478927203065134%}
5,000,000 = Amount * 275.81229325572622843153903061969
Amount = 5,000,000/275.81229325572622843153903061969
= $18,128.27
Answer:
Jia's fashions recently paid a $2 annual dividend
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter.
Explanation:
