Answer:
Option a) Has an above average price-to-earning ratio
Step-by-step explanation:
We are given the following in the question:
The price-to-earning ratio for firms in a given industry is distributed according to normal distribution.
For a particular firm the ratio x has a standard normal variable has a value,
z = 1
Formula:
Thus, the firm has an above average price-to-earning ratio as the ratio is one standard deviation above the mean.
Option a) Has an above average price-to-earning ratio
1. Each shelf holds 5 hermit-crab cages. There are 23 hermit crab cages to be displayed. Divide the number of hermit crab cages to be displayed by the number of hermit crab cages that can be displayed on each shelf:
This means that you need 5 shelves (4 shelves is not enough, because 3 hermit crab cages will be not displayed).
2. Each shelf holds 3 hermit-crab care booklets. There are 12 hermit-crab care booklets to be displayed. Divide the number of hermit-crab care booklets to be displayed by the number of hermit-crab care booklets that can be displayed on each shelf:
This means that you need 4 shelves.
Answer: first, you have to divide 23 by 5 and find the quotient and remainder and divide 12 by 3 and find the quotient and remainder. Then you have to determine the number of shelves needed. You need 5 shelves.
Answer:
hope this helps
Step-by-step explanation:
