Answer:
because he was not a big boss voting in his own version and was just about the same questions that he was doing in his first place to help him out
The point estimate or p hat is a single value that shows the best estimation of a certain parameter among a population.
To calculate point estimate, we divide the parameter by the whole population.
In case of this problem:
p hat = 51/84 = 0.607
To get the percent, we multiply the output by 100:
% of point estimate = 0.607 x 100 = 60.7%
Answer:
Annual deposit= $7,930.11
Explanation:
Giving the following information:
FV= $98,000
n= 9 years
i= 0.0775
<u>To calculate the annual deposit, we need to use the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (98,000*0.0775) / [(1.0775^9) - 1]
A= $7,930.11
Answer:
The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.
Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.
Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.
Answer:
The correct answer is D that is $33,500
Explanation:
The total cost for the oranges = Direct cost + Indirect cost
= (Number of carton × Rate per carton) + (Number of carton × Rate per carton)
= (1,000 × $10) + (1,000 × $16.50)
= $10,000 + $16,500
= $26,500
Total Revenue = Number of carton × Selling price
= 1,000 × $30
= $30,000
Profit from oranges = Revenue - Cost
= $30,000 - $26,500
= $3,500
Profit or loss from from processing into the orange juice is computed:
Total Cost = Number of carton × Price
= 1,000 × $12.50
= $12,500
Revenue = Number of carton × Selling Price
=1,000 × $46
= $46,000
Profit or loss = Revenue - Cost
= $46,000 - $12,500
= $33,500
Therefore, Corporation has a profit of 33,500.