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Ray Of Light [21]
3 years ago
6

In a student survey, sixty part-time students were asked how many courses they were taking this term. The (incomplete) results a

re shown below: Please round your answers to 4 decimal places. # of Courses Frequency Relative Frequency Cumulative Frequency 1 22 2 19 0.3167 41 3 0.3167 60 What percent of students take exactly three courses? %
Business
1 answer:
Alex3 years ago
6 0

Answer:

The percent of students who take exactly three courses =

31.67%

Explanation:

a) Data and Computations:

# of Courses    Frequency    Relative Frequency    Cumulative Frequency

    1                         22                0.3667                         22

   2                         19                 0.3167                           41

   3                         19                 0.3167                          60

Number of part-time students surveyed = 60

Students who take 1 course = 22/60 * 100 = 36.67%

The cumulative frequency for 1 course is 22 students.

The frequency of student who take 2 courses = 19(41 - 22)

Therefore, the frequency of students taking 3 courses = 19 (60 - 41) and

the relative frequency of students who take 3 course = 19/60 * 100 = 31.67%.

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Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three ye
GenaCL600 [577]

Answer:

a) functional planning

Explanation:

The functional planning is the planning that need to be done for each type of department so that the goals and the objectives of the company could be accomplish in a efficient and effective manner

Since in the question it is mentioned that the marketing manager have set a goal to rise the sales by 12% over the next three years so this represent that the manager is engaged in the functional planning

6 0
3 years ago
Pat sells land for $25,000 cash and a $75,000 5-year note. If her basis in the property is $30,000 and she receives only the $25
LuckyWell [14K]

Answer:

$17,500

Explanation:

Calculation of Pat's taxable gain in the year of sale using the installment sales method :

First step is to add up Land + Cash

$75,000+$25,000

=$100,000

Second step

([$100,000-$30,000)/$100,000]*$25,000

=($70,000/100,000)*$25,000

Hence:

0.7*$25,000

=$17,500

Therefore Pat's taxable gain in the year of sale using the installment sales method will be $17,500

8 0
3 years ago
Hurricane Irene was forecast to hit the Mid-Atlantic/Northeast about a week before it arrived. The plan to evacuate the Outer Ba
iragen [17]

The plan to evacuate the Outer Banks of North Carolina was a(n) action plan.

Explanation:

An action plan is a document that lists what steps need to be taken to achieve a specific objective. An action plan is a series of actions that need to be taken or tasks that need to be performed well, for a successful strategy.

An action plan seeks to explain what resources are needed to accomplish the goal, to formulate a timetable for when certain activities need to be accomplished and to decide what resources are needed.

3 0
3 years ago
Suppose that we observe two comparable properties that have each sold twice within the past four years. Property A sold 24 month
Elina [12.6K]

Answer:

0.475% per month

Explanation:

value of property A 24 months ago = $500,000

current value of property A = $425,000

total decrease in value = $500,000 - $425,000 = $75,000 or 15%

monthly % decrease:

1.15 = (1 + r)²⁴

²⁴√1.15 = (1 + r)

1.0058 = 1 + r

r = 0.00584 = 0.58% decrease per month

value of property B 48 months ago = $575,000

current value of property A = $465,000

total decrease in value = $575,000 - $465,000 = $110,000 or 19.13%

monthly % decrease:

1.1913= (1 + r)⁴⁸

⁴⁸√1.1913 = (1 + r)

1.0037 = 1 + r

r = 0.0037 = 0.37% decrease per month

if both properties are weighted equally, then the market decrease per month = (0.58% x 1/2) + (0.37% x 1/2) = 0.475% per month

4 0
3 years ago
10) At the beginning of the year, Lucy company estimated that the total annual fixed overhead costs would amount to $25,000. Fur
adoni [48]

Answer: A. Products were overcosted during the year.

Explanation:

At the budgeted figures of $25,000 fixed overhead costs and the 2,000 units of production, the predetermined fixed overhead rate is:

= 25,000 / 2,000

= $12.50 per unit

However, the company then produces 2,200 units at the same cost of $25,000 making the actual predetermined fixed overhead rate:

= 25,000 / 2,200

= $11.36 per unit

<em>The actual rate is less than the predetermined rate which means that the products had originally be overcosted by being apportioned higher expenses.  </em>

4 0
2 years ago
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