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
olga_2 [115]
3 years ago
8

If the age distribution of customers at a major retail chain is thought to be bell-shaped with a mean equal to 43 years and a st

andard deviation equal to 7 years, the percentage of customers between the ages of 29 and 57 years is:
Business
1 answer:
Citrus2011 [14]3 years ago
5 0

Answer:

Around 95%

Explanation:

If the customer population follows a bell-shaped distribution, it means that the age distribution is normal.

For normal populations, around 95% of elements are within two standard deviations from the mean.

In this case, two standard deviations would be:

43+14 = 57

43-14 = 29

Therefore, the percentage of customers who are between 57 and 29 years of age is around 95%.

You might be interested in
Radial Autos currently sources components such as airbags, upholstery, and brake pads from various suppliers in the industry val
xxMikexx [17]

Answer: Radial Autos should pursue Backward Integration.

Explanation: Backward integration is the process in which a company purchases or internally produces segments of its own supply chain. Simply put, it is when a company acquires and controls certain inputs that could be utilized in the process of manufacturing its products or services.

This is a competitive strategy, because it lowers the cost of production and this will reflect in the price of the final product.

This is the strategy that Radial Autos should pursue in order to lower cost and reduce risk in interruption of the supply component, because in adopting this strategy, they will have total control over the inputs they use in production.

8 0
3 years ago
Read 2 more answers
What was the four-firm concentration ratio in the u.s. soda market in 2009?
Igoryamba
<span>the four-firm concentration ratio in the u.s. soda market in 2009 are as follows Coca cola -42.7% Pepsi - 30.8% Dr.pepper snapple group - 15.3 % Royal crown - 2.1 % From the above data we can clearly find that Coke has an uphill battle—they have huge amounts of marketing muscle, financial resources.Against Coke and Pepsi, guerrilla warfare is the only thing that might work.</span>
8 0
3 years ago
A hospital performs 3 types of operations. The first type takes 30 minutes, and they charge $500 for it. The second type takes 1
jekas [21]
The 30 min operation is 20 
the 1 hr operation is 10
and the 2 hr operation is 5
5 0
3 years ago
Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15
Flauer [41]

Answer:

Yield to call (YTC) = 7.64%

Explanation:

Yield to call (YTC) = {coupon + [(call price - market price)/n]} / [(call price + market price)/2]

YTC = {135 + [(1,050 - 1,280)/5]} / [(1,050 + 1,280)/2]

YTC = 89 / 1,165 = 0.07639 = 7.64%

Yield to call is how much a bondholder will earn if the bond is actually called, and it may differ from yield to maturity since the call price is generally higher than the face value, but the yield to maturity generally is longer than the call period.

7 0
3 years ago
Which of the following is NOT a factor in the phenomenon of online shoppers abandoning their shopping carts and not following th
Alona [7]

Answer: Option E

       

Explanation: It is a known fact that a consumer gets excited more while doing offline shopping rather than the online shopping. Offline shopping through malls and stores gives the consumer advantage of live appearance and trial use in case of clothes and other such merchandize.

However the long lines for billing and other such lengthy procedures make it difficult.

Hence from the above we can conclude that the correct option is E.

4 0
3 years ago
Other questions:
  • How are the objectives of lean manufacturing achieved? a. Supplier partnering b. Employee involvement c. Product-oriented produc
    15·1 answer
  • Bonita Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures wer
    10·1 answer
  • Of the following, what actions would be most helpful as Andrew develops his own brand? Check all that apply. Emphasis his degree
    8·1 answer
  • The Clayton Act of 1914 makes price discrimination, exclusive dealers, tying contracts, and the acquisition of competing compani
    12·1 answer
  • Skill-biased technological change ______ the demand for high-skilled workers, while the slowdown in the pace of educational adva
    10·2 answers
  • Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?
    6·1 answer
  • Shanghai Company sells glasses, fine china, and everyday dinnerware. They use activity-based costing to determine the cost of th
    14·1 answer
  • Which of the following is a cost of not carrying enough inventory?
    12·1 answer
  • Prompt: Write an e-mail to a government or school official in which you propose an effective solution to a problem in your commu
    11·2 answers
  • Mr. Ananta Jalil has received a job offer from a large investment bank as an assistant to the vice
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!