Given the unemployment rate and the total labour force, the number of employed people is 45 million.
<h3>What is the number of employed people?</h3>
The unemployment rate is the percentage of the labour force that is A person is classified as unemployed if the person is without a job but has searched for employment within the past four weeks or the person is set to resume a job within the next three months.
The labour force consists of those that are unemployed and those that are employed.
Number of unemployed people : 10% x 50 million = 5 million
Number of employed people = 50 million - 5 million = 45 million
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Answer:
c. forget the repairs and sell the house as it is for $250,000.
Explanation:
The best option from the shown is to foget about the repairs and directly seel it at $250,000 because that leaves her with a loss of $50,000 instead of a $60,000 loss on her money, that is the best option financially. Also as the time passes the plan for the creation of the landfill downstreet will become more and more known and the value could decrease more.
Answer:
And using the complement rule we got:
Explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
Solution to the problem
For this case wwe know that p = 0.52 and n = 99 and we can check if we can use the normal approximation for the proportion distribution.
So then we can use the normal approximation.
The population proportion have the following distribution
The mean is given by:
And the standard error is given by:
We want to calculate this probability:
And for this case we can calculate the z score given by:
And replacing we got:
And using this formula:
And using the complement rule we got:
Answer:
1.82
Explanation:
No of Failures Probability
0 0.18
1 0.28
2 0.25
3 0.18
4 0.06
5 0.04
6 0.01
EV of Number of failures = ∑ N*P(N)
where p = probability of occurrence
and n = no of failures
The expected value is the sum of all the failures multiplied by their individual probabilities
EV = (0*0.18) + (1 * 0.28) + (2 * 0.25) + (3 * 0.18) + (4 * 0.06) + (5 * 0.04) + (6 * 0.01)
= 0 + 0.28 + 0.5 + 0.54 + 0.24 + 0.2 + 0.06
= 1.82
Answer:
unrelated diversification
Explanation:
The unrelated diversification strategy is a strategy in which an organization decides to manufacture a new product or offer a new service that is not related to the products or services they currently produce and enter into a new market. According to this, the answer is that Rocco is advocating an unrelated diversification strategy because he is proposing to enter to new markets to decrease the risk of depending on one.