1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
levacccp [35]
3 years ago
7

The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas

es by 10% per year over the next 2 years, what will the median income in the community be in 2 years?
Business
1 answer:
Ostrovityanka [42]3 years ago
5 0

Answer:

answer is  Cannot be determined

Explanation:

given data

household income  = $50,000

increases =  10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean  percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is  Cannot be determined from given data

You might be interested in
The best way to approach your career choice is to _____.
Tasya [4]
Waiting is a bad idea because you could lose good opportunities in the time you wait. Choosing the same career as someone you admire might not be what you would best enjoy or succeed in, and the job that earns you the most money isn't necessarily the most enjoyable. The answer is A :)
4 0
3 years ago
Read 2 more answers
A business with a differentiation strategy will add cost to an activity only as long as the activity has a positive margin.
Vladimir [108]
That is not a question it is a statement. However yes, businesses tend to increase the price of an activity the more customers react positively to the activity.
3 0
3 years ago
In which core leader competency do you determine information sharing strategies?
Andre45 [30]
<span>Communication is the core leader competency in which you determine information sharing strategies.
Through communication, a leader could convey the goals of the organizations and motivate all members of the group to give their best in order to achieve those goals</span>
4 0
3 years ago
Which option allows you to pool your money and invest in a portfolio with other
Levart [38]

Answer:

a mutul fund

A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds.

Explanation:

have a great day ahead ":)

6 0
2 years ago
Read 2 more answers
What is double jeopardy?<br> Explain how this vocabulary<br> word relates to the 5th<br> Amendment.
kykrilka [37]

Double jeopardy is a legal defense which, after a clear acquittal or conviction, does not preclude an accused person from being charged on the same charge again.

Explanation:

The Fifth Amendment to the Constitution states that "no one is twice liable to be targeted at the same offense." The Double-jeopardy Clause bars any second prosecution or conviction and forbids multiple penalties of the same offense.

Double jeopardy does not shield suspects from being charged for multiple offenses, while separate charges are prohibited for the same crime.

For example,  An convicted person could again be charged on the "less included crime" of involuntary killing.

6 0
3 years ago
Other questions:
  • Hey, I'm reading a book and I want to know what this question mean.
    10·1 answer
  • The section of the continuity plan that provides instructions for all personnel is the:
    10·1 answer
  • Wassamatta University is considering resigning its minimum qualifications for professors from possessing a master's degree to po
    9·1 answer
  • Bed Bath and Beyond has a return policy which states that the customer "may return a purchase for a refund, merchandise credit,
    7·1 answer
  • Heidi is an energy drink salesperson. When selling her firm's drinks in the United States, she emphasizes how they will give con
    15·1 answer
  • On March 31, 2021, Chow Brothers, Inc., bought 8% of KT Manufacturing’s capital stock for $51.5 million. KT’s net income for the
    11·1 answer
  • Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T
    8·1 answer
  • Causes of corruption?​
    7·2 answers
  • The time to research a potential employer is _____.
    6·2 answers
  • Using the data in EA-3, assume that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio in
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!