Answer:
C. 2.00
Explanation:
We have been the mean of television sets in a household is 3.5 and the standard deviation was 0.75.
We will use z-score formula to solve our given problem.
, where,
,
,
,
.
Substitute the given values:



Therefore, the standardized value corresponding to 5 televisions would be 2.00 and option C is the correct choice.
Answer:
1. List your expenses
2. Separate your wants and needs
3. Make sure your expectations are realistic
4. Consider buying budgeting software
5. Get your family on board
Calculate expenses. Your first order of business is finding out exactly how much you're spending each month.
Determine your income.
Set savings and debt payoff goals.
Record spending and track progress.
Be realistic.
Explanation:
i did the same thing on edge
Answer:
Price elasticity of demand for X=-2
Explanation:
The price elasticity of demand is a measure of the sensitivity in quantity of good demanded in relation to a change in price. It is often used to determine whether a good is elastic or inelastic. An elastic good is a good whose demand changes spontaneously with a change in price while an inelastic good is a good whose change in price doesn't affect the quantity demanded. Most inelastic goods are needs while most elastic goods are luxuries. A need is an item that most people cannot do without even if the price changes while a luxury is a good that most people can do without especially if the price of that good increases.
The price elasticity of demand can be determined using the expression below;
Price elasticity of demand=%change in quantity demanded/%change in price
where;
%change in quantity demanded={(Final quantity-initial quantity)initial quantity}×100=-10%
%change in price={(Final price-initial price)/initial price}×100=5%
replacing;
Price elasticity of demand=(-10%/5%)=-2
Price elasticity of demand=-2
Answer:
a. $29,500
b. $28,100
c. $12,000
d. $16,100
Explanation:
The computation is shown below:
a. Gross income
= Salary + interest income
= $28,000 + $1,500
= $29,500
b. Adjusted gross income
= Gross income - deductions for adjusted gross income
= 29,500 - $1,400
= $28,100
c. The standard deduction or itemized deduction for the year 2018 is $12,000
d. Taxable income
= Adjusted gross income - standardized deductions
= $28,100 - $12,000
= $16,100
The present value of the given cash flow stream at a rate of 10.0% for all the years that is from year zero to year three is $10,777.50. Hence, Option B is correct.
<h3>What is a cash flow stream?</h3>
For describing any business proposal, there are very specific requirements, but the two things that are majorly required are cash flow instances and cash flow stream.
A cash flow stream is basically a kind of specific amount that sometimes flows into or sometimes flows out of an organization. It is basically for a particular time period, which can be calculated with the help of some proposal.
Therefore, the given data after doing these required calculations when the cash flow is calculated at a rate of 10.0%, the amount is $10,777.50. Option B is correct.
Learn more about cash flow stream from here:
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The complete question is attached in text form:
What is the present value of the following cash flow stream at a rate of 10.0%?
Years: CFs:
0 $750
1 $2,450
2 $3,175
3 $4,400
a. $8,283.53
b. $10,777.50
c. $10,866.57
d. $7,749.11
e. $8,907.02