<u>Solution and Explanation:</u>
a) 51% of users of mobile phones use their phone at least once per hour,
It is a binomial distribution with n = 150, p = 0.51
mean = np = 150 multiply with 0.51 = 76.5
SD= sqrt(np(1-p) )= 6.1225
Since np and n(1-p) > 5, we can assume the distribution is normal.
B) please see the attached file.
c) It is a binomial distribution with n = 150, p = 0.02
mean = np = 150*0.02 = 3
SD= sqrt(np(1-p) )= 1.71464
Since np < 5, we cannot assume the distribution is normal.
A. True is the answer
Hope I helped
Answer:
$29,400
Explanation:
The company will distribute dividends only to outstanding shares, since the number of outstanding shares is not specified, we should assume that all the 49,000 shares issued are outstanding shares. The company declared a 2% dividend, so we must multiply the current value of the stock times 2% = $30 x 2% = $0.60 per share.
The total amount distributed was 49,000 outstanding shares x $0.60 per share = $29,400
Answer:
D. John
Explanation:
John has an annual income of $100,000 which is equivalent to a monthly salary of $ 8,334.00 ($100,000 divide by 12 months)
Applying the 28/36 borrowing rule, Mr. John cannot exceed 36 percent of his monthly income to service debts. It means that John has $ 3000 available every month to service his loans.
John intends to take a loan of $ 10,000. This amount is within his ability to pay. Even if he has other debts, he only needs months to clear the loan plus interest.
If we apply the same rule to Paul, his monthly salary is $2, 084.00. He has $ 750.00 available to pay the loan every month. A loan of $ 50,000 with interest will take about seven years to clear. Considering he may want to take other loans in that period and the value of the car by then, Paul is likely to default.
Eileen will have $720 available for repayments per month and annually $ 8640.00 to repay $400,000.00; she will need about 47 years. Considering her age, it's not viable.
Answer:
Canon’s managers believe in Diversity growth.
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