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GREYUIT [131]
3 years ago
10

The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a s

tandard deviation of $100, what is the z-value for the income (called X) of a foreman who earns $1100 per week? For a foreman who earns $900 per week? In words, what do your results indicate?
Business
1 answer:
mylen [45]3 years ago
4 0

Answer:

There is a 0.2419% for a foreman to earn either $1,100 or $900

Explanation:

We calculate the probability of a normal distribution of 0;1

(X-mean)/deviation = Z

(1,100 - 1,000)/100 = 100/100 = 1

900 - 1,00/100 = -100/100 = -1

Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900

As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.

We look into the normal distribution table for the value of z = -1 or 1

0.002419707  = 0.2419%

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The _______ view primarily focuses on the ______ in a SWOT analysis. a. Resource-based, OT b. Industry-based, SW c. Industry-bas
Sati [7]

Answer:

c. Industry-based, OT

Explanation:

SWOT analysis is used by businesses to identify areas of weakness and look for ways to optimise them to meet business goals.

SWOT means

S- Strength

W- Weakness

O- Opportunity

T- Threat

So the industry-based view is more interested in Opportunities and Threats using the SWOT analysis.

8 0
4 years ago
"Which of the following is NOT correct? Group of answer choices Roadrailers are considered a multimodal solution when all of the
Ulleksa [173]

Answer:

Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.

Explanation:

Warehousing

This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory

The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.

Warehousing types

This includes;

1. Distribution centers

2. Consolidated terminals

3. Break-bulk facilities

4. Cross-dockers

assortment warehousing

This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.

3 0
3 years ago
Riverview Inc. reports the following balances and amounts. The following information is presented in random order. Accounts paya
RSB [31]

Answer:

The earning per share is $1.3 per share

Explanation:

For computing the earning per share, we need to apply the formula of Earning per share which is shown below:

Earning per share = (Net income - Dividends paid to preferred shareholders) ÷ average common shares

= ($36,000 - $10,000) ÷ $20,000 shares

= $1.3 per share

The other items which are mentioned in the question are not relevant. Kindly ignored it.

7 0
3 years ago
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melomori [17]

Answer:

The correct answer here is C) an employee .

Explanation:

Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.

7 0
4 years ago
Read 2 more answers
13. A borrower is purchasing a property for $180,000 and can choose between two possible loan alternatives. The first is a 90% l
Harman [31]

Answer:

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8 0
3 years ago
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