Answer:
0.0084
Explanation:
For this probability problem, we will have to make use of the normal probability distribution table.
to use the table, we will have to compute a certain value
z = (x- mean) /Standard deviation
z = 
= 2.39
Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.
<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>
This gives us 0.99916
Thus we have P (Z < 2.39) = 0.9916
We subtract the value obtained from the table from 1 to get the probability required.
1 - 0.9916 = 0.0084
The Probability that the employee has worked at the store for over 10 years = 0.0084
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Answer:
Ms. Z should invest in the State A.
Explanation:
Coupons from State A = (1 - 0.33)*0.05*75000
= 2512.5
Coupons from State R = (1 - 0.33 - 0.085)*.054*75000
= 2369.25
Therefore, Ms. Z should invest in the State A .
Answer:
D. Zeta prevails, but only if the assignment is signed and in writing
Explanation:
Zeta prevails but only if the assignment is in writing and is signed.
If the assignment is express thereby and is signed by the parties in contract , then zeta can demand the amount from willy. Without any written consent and permission , willy cannot enforce the payment to zeta.
This is the best option in this case .
Answer: Cash in advance
Explanation: Cash in advance is a type of payment that is used in some trade agreements.
This method of payment will require a buyer to pay the seller in cash before a shipment is received and sometimes before a shipment is even made.
Cash in advance is a strategic form of payment that can be used in any transaction in where there is a delay between the sales agreement and the sales delivery.
In the scenario given in the question, we can see that the German company has already placed an order, but the company has also caused a delay in the transaction by requesting for extra modifications.
This will prompt EastSide Tractors to feel the need to safeguard their interests in case the German company should default. This is why a Cash in advance payment system will come into play.
