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ollegr [7]
3 years ago
7

A multinomial probability distribution describes data that are classified into two or more categories when a multinomial experim

ent is carried out.
Business
1 answer:
JulijaS [17]3 years ago
5 0

The statement that “A multinomial probability distribution describes data that are classified into two or more categories when a multinomial experiment is carried out” is TRUE.

A multinomial experiment has 4 properties:

n repeated trials

various likely outcome

A specific outcome’s chance in happening is fixed

The tests are self-reliant. Meaning, whatever the result of one test won’t affect the results of the other tests.

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Sunland Company had the following account balances at year-end: Cost of Goods Sold $60,410; Inventory $15,010; Operating Expense
charle [14.2K]

Answer and Explanation:

The journal entry is shown below:

Cost of goods sold Dr $2,650   ($15,010 - $12,360)

           To Inventory $2,650

(Being the cost of goods sold)

By recording this we debited the cost of good sold as it increased the expenses and credited the inventory as it decreased the assets so that the correct recording and posting could be done

5 0
2 years ago
The yield to maturity on a bond is:
Arada [10]

Answer:

The correct answer is I, II and III.

Explanation:

The return that an investor earns with a bond can be calculated in different ways. The price of the bonds fluctuates with the change in interest rates, but once the investor buys a bond, the return is fixed. The yield to maturity is a way of providing the investor with the most accurate representation of the return he will receive for the holding of said bond.

Types of bond yield

Based on the current price, a bond shows three different types of maturity. The yield of the coupon is the interest rate paid by the bond at face value. A US $ 10,000 bond with a 6 percent interest coupon pays US $ 300 interest every 6 months. The current return is the coupon rate divided by the bonus price. If the bond with a nominal value of US $ 10,000 and a 6 percent coupon rate can be purchased for US $ 9,600, its current yield is 6.25 percent. The yield at maturity is the internal rate of return of the bond based on the time remaining for the bond's maturity.

Expiration Yield

The calculation of the yield at maturity amortizes the value of the premium or the discount (bonds over and under the pair) in the price of the bond throughout the life of the bond. For example, if the bond that pays 6 percent of the aforementioned coupon rate expires in 10 years, and is priced at US $ 9,600, the yield at maturity is 6,558 percent. If two bonds, one on the pair and one under the pair, have the same yield at maturity, any of them represents the same level of return for the investor. The yield at maturity is what the investor will receive if the bond is purchased at the current market price and held until maturity.

4 0
3 years ago
Anthony was employed as a forklift operator for Blackburn Construction Company. While on the job, he operated the forklift in a
QveST [7]

Answer:

Option A

Explanation:

6 0
2 years ago
Select all of the information that appears on a bank statement.
Korolek [52]
<span>account number

social security number</span>
8 0
2 years ago
Read 2 more answers
Which of the following is a source that businesses use to develop standards:
ira [324]

Answer:

Suppliers

Explanation:

Suppliers are the main factor to achieve quality standards and to develop standards which lead to competitive advantage in the market. Business use suppliers to develop standards by hiring the best suppliers who give quality input or raw material. It’s all about making sure that your supplier is meeting the required standards and making sure they company with all the relevant laws.

4 0
3 years ago
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