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Sliva [168]
3 years ago
9

Jessica Salas, president of Salas Products, is reviewing the warranty policy for her company's new model of automobile batteries

. Life tests performed on a sample of 100 batteries indicated: (1) an average life of 75 months, (2) a standard deviation of 5 months, and (3) battery life is approximately normally distributed. Approximately 95% of the batteries will last between:______
a. 70 and 80 months
b. 60 and 90 months
c. 65 and 85 months
d. 55 and 95 months
Business
1 answer:
frez [133]3 years ago
3 0

Answer:

c. 65 and 85 months

Explanation:

Life tests performed on a sample of 100 batteries indicated:

(1) an average life of 75 months,

(2) a standard deviation of 5 months, and

(3) battery life is approximately normally distributed.

We create a 95% CI around mean.

If 95% is in the middle, then 5% is in the ends, 2.5% in each end.

Z score at .025 is -1.96, z score at .975 is +1.96

To convert z to battery life:

Z*sd + mean = battery life

-1.96*5 + 75 = 65.2, rounds to 65

+1.96*5 + 75 = 84.8, rounds to 85

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D. all of the above because all are not physical retailers. Non-traditional sellers/retailers do their selling/business over the phone, on the internet, etc.
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If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei
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6 0
2 years ago
Flickczar, a film production company in the United States, sells the distribution rights of a film to its distributors in unders
Rainbow [258]

Answer:

illegal but ethical.

Explanation:

The actions of Flickczar selling distribution rights to distributors in underserved areas at low prices, and to other areas at normal price is illegal because it is reliant on a suspect category (based on underserved or disadvantaged communities).

The action is ethical because it aims to improve the lives of those that have lower level of living compared to others.

So Flickczar's business practice is illegal but ethical.

4 0
4 years ago
Qualcomm has developed a groundbreaking new CPU chip. The patent on the chip will last 17 years. You expect that the chip’s prof
umka21 [38]

Answer:

$50.74 million

Explanation:

Interest rate per annum = 8%

Number of years = 17

Number of compounding per annum = 1

Interest rate per period (r) = 8%/1 = 8%

Number of period (n) =17 * 1 = 17

Growth rate (g) = 5%

First payment (P) = 4 ($'million)

PV of the new Chip = p/(r-g) * [1 - [(1+g)/(1+r)]^n]

PV of the new Chip = 4/(8%-5%) * [1 - [(1+5%)/(1+8%)]^17]

PV of the new Chip = 4/0.03 * [1 - [1.05/1.08]^17]

PV of the new Chip = 4/0.03 * [1 - 0.972222^17]

PV of the new Chip = 133.333 * (1 - 0.6194589804)

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PV of the new Chip = 50.7386757663268

PV of the new Chip = $50.74 million

4 0
3 years ago
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