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
Mariana [72]
3 years ago
7

I toss a penny and observe whether it lands heads up or tails up. Suppose the penny is fair, i.e., the probability of

Business
1 answer:
Alexandra [31]3 years ago
7 0

Answer:

A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to

get closer and closer to 1/2 as the number of tosses increases.

Explanation:

Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.

A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.

You might be interested in
Which technique of advertising shows that multiple consumers use a product to build consumer trust in the product? indirect ad b
mixas84 [53]
The indirect advertising does not directly advertise the product. Sponsorship is example of indirect ad.
The goal of the bandwagon ad is <span> to convince individual consumers that a product is worth purchasing.
Endorsement uses famous person for the advertisement of the product.
Promotional ad </span><span>includes special offers, cents off coupons, temporary price reductions ...
Endorsement is the technique </span><span>of advertising that shows that multiple consumers use a product to build consumer trust in the product.</span>
5 0
3 years ago
Read 2 more answers
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc
kicyunya [14]

Answer:

a) The expected return of equally weighed portfolio is 14.23%

b) The expected return of equally weighed portfolio is 16.45%, hence Variance = 1.596457%

Explanation:

See workings of a and b attached in a form of spreadsheet.

7 0
3 years ago
Total costs for Locke​ &amp; Company at 120 comma 000 units are $ 329 comma 000​, while total fixed costs are $ 175 comma 000. T
Yuliya22 [10]

Answer:

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000=  $ 333,667

Explanation:

Locke​ & Company

Total costs                 $ 329, 000  

Less Fixed Costs   $ 175, 000

Variable Costs $ 154,000  for 120,000 units

For 1 unit Variable Costs are = $ 154,000/120,000= $1.2833

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000=  $ 333,667

The total Costs for 260,000 units would be determined by  adding Variable Costs and Fixed Costs.

We Suppose the fixed costs are same then = 333,667 + 175,000= $ 508,667

3 0
3 years ago
Read 2 more answers
Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months
Alina [70]

Answer:

                                                                             January                  February

Beginning Cash Balance                                     58,050                  35,475

Add: Receipts

Collections from Customers                               109,650                 193,500

Sale of Marketable Securities                              <u>15,480</u>                 <u>       0      </u>

Total Receipts                                                   <u>   125,130    </u>             <u>  193,500</u>

Total Available Cash                                            183,180                  228,975

Less: Disbursements

Direct Materials                                                  64,500                      96,750

Direct Labour                                                      38,700                       58,050

Manufacturing Overhead                                  25,155                        30,315

Selling and Administrative                                 19,350                        25,800

Total Disbursements                                       <u>  147,705       </u>             <u>   210,915</u>

Cash Balance                                                     35,475                        18,060

Financing

Add: Borrowings                                                   0                                  7,740

Less: Repayments                                          <u>       0           </u>                    <u>      0    </u>

Ending Cash Balance                                        35,475                         25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0
4 years ago
A bond is a(n):Group of answer choices a) legal promise to repay a debt. b) agreement issued by a financial intermediary linking
aliya0001 [1]

Answer:

a) legal promise to repay a debt.

Explanation:

A bond is an agreement that is made between the issuer or the bank or the financial institution and the borrower.  

The agreement was made in written specify the terms and conditions which involve the borrowed amount, interest rate, and the time period in which the borrower promises to pay back the money to the financial institution.  

3 0
4 years ago
Other questions:
  • Your project to obtain charitable donations is now 30 days into a planned 40-day project. The project is divided into 3 activiti
    7·1 answer
  • The following information is taken from the financial records of Gunner Manufacturing: Cost of materials used $45,000 Direct lab
    6·1 answer
  • For teachers involved in gifted education programs one of the key tasks to accomplish is
    13·1 answer
  • The Discount on Bonds Payable account is: A. A liability. B. A contra liability. C. A contra expense. D. An expense. E. A contra
    12·1 answer
  • Which of the following is not an example of risk factors for a multinational company?
    13·1 answer
  • Which of the following is a product that is considered a commodity?
    8·2 answers
  • Deferred revenue is revenue that is a.not earned and the cash has not been received b.not earned but the cash has been received
    8·2 answers
  • According to surveys, the second largest expense of a typical American<br> consumer is
    5·2 answers
  • What is the primary purpose of the World Bank?
    6·1 answer
  • CULLUMBER COMPANY
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!