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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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Cost of Producing Guitars Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series guitar
diamong [38]

Answer:

The total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

Explanation:

Given,

C '(x) = 0.008x + 90 ................................... (1)

To obtain the the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month, we obtain the integral of equation (1) as follows:

C(x)=\int\limits {C'(x)} \, dx = \int\limits {[0.008x + 90]} \, dx

C(x) = (0.008 / 2) x^2 + 90x + F

C(x) = 0.004x^2 + 90x + F .......................... (2)

Where F is the constant.

Since total cost is the addition of the total cost and total variable cost, the F in equation (2) represents the total fixed cost per month.

Since the fixed costs incurred by Carlota are $8500/month, this implies that F = 8,500.

Substituting F = 8,500 into equation (2), we have:

C(x) = 0.004x^2 + 90x + 8,500 <-------------- Total cost per month

Therefore, the total monthly cost C(x) incurred by Carlota in manufacturing x guitars/month is <u>C(x) = 0.004x^2 + 90x + 8,500</u>.

7 0
3 years ago
What is effective demand?
Ahat [919]
The level of demand that represents a real intention to purchase by people with the means to pay
5 0
2 years ago
Estimate the liquid density (g/cm3) of propane at 298 K and 10 bar. Compare the price per kilogram of propane to the price of re
Deffense [45]

Answer:

Density of propane = 17.8 g/L

Propane is more priced than gasoline

Explanation:

Given:

Temperature, T = 298 K

Pressure, P = 10 bar = 0.987 × 10 = 9.87 atm

now,

Molar mass of propane, M = 44.1 g/mol

From ideal gas law

⇒ PV = nRT

here,

n is the number of moles

R is the ideal gas constant = 0.0821 L.atm/mol.K

also,

Density, D = \frac{\textup{Mass}}{\textup{Volume(V)}}

or

V = \frac{\textup{Mass}}{\textup{D}}

and,

nM = mass

thus,

V = \frac{\textup{nM}}{\textup{D}}

substituting in the ideal gas relation

we have

P = \frac{\textup{DRT}}{\textup{M}}

or

D = \frac{\textup{PM}}{\textup{RT}}

or

D = \frac{9.87\times44.1}{0.0821\times298}

or

D = 17.8 g/L

Now,

1 gallon = 3.78 Liter

Therefore,

5 gallon = 5 × 3.78 Liter = 18.9 Liter

Thus,

mass of 5 gallon propane = Volume × Density

= 18.9 Liter × 17.8 g/L

= 336.42 g

or

= 0.336 kg

also it is given that Price of 5 gallon propane i.e 0.336 kg = $30

Therefore,

Price per kg = \frac{30}{0.336}

= $89.28

and,

Mass of 5 gallons i.e 18.9 Liter gasoline = Density × Volume

= 0.692 g/cm³ × 18.9 Liter

also,

1 L = 1000 cm³

thus,

= 0.692 g/cm³ × 18.9 × 1000 cm³

= 13078.8 g

or

= 13.078 kg

Therefore,

Price per kg of gasoline = \frac{\$30}{13.078}

= $2.29

hence, propane is more priced than gasoline

4 0
3 years ago
Madisun Company issued common stock for proceeds of $20,000 during 2020. The company paid dividends of $5,000. The company also
bogdanovich [222]

Answer:

Net cash flows from financing activities is $24,000

Explanation:

Cash flow from financing activities:

Proceeds from stock issue                      $20,000

Dividends                                                  ($5,000)

Sale of treasury stock                                $9,000

net cash flow from financing activities      $24,000

The issue of long-term note payable of $35,000 does not involve an actual movement of cash,hence has zero impact on the cash flow from financing activities.

The dividends payment has negative sign because it is an outflow of cash unlike others that cash inflows.

4 0
3 years ago
Jackson Raleigh, a registered representative in Memphis, TN, has a client who is a pension fund manager for the Tiger Pension Fu
goldfiish [28.3K]
The answer is a to the problem
4 0
3 years ago
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