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MissTica
3 years ago
12

Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops,

but they know they will need a loan to reach their goal of one hundred twenty five shops. Which type of banking institution is most suitable for Glenn and Maggie’s business?
Mathematics
2 answers:
yulyashka [42]3 years ago
8 0

Answer:

Commercial bank

Step-by-step explanation:

Just took the quiz

Vladimir79 [104]3 years ago
3 0

Answer: A commercial bank.

if i could get brainliest that would be great

Step-by-step explanation:

Commercial banks are financial institutions whose functions, among many, are: offering banking services to individuals, groups and companies, to make profit. One of the roles performed by these types of financial institutions is to credit loans to individuals, small businesses, and other groups, and as such, they are the first line to which a small business, such as the one controlled by Glenn and Maggie, would go to, to request a loan to be able to open up their other branches. This bank would give them the loan and allow them to make profit, without having any ties to the banking institution, just as long as they return the investment given to them.

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The lifetime of a certain type of TV tube has a normal distribution with a mean of 61 and a standard deviation of 6 months. What
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Answer:

P(57

P(-0.67

P(-0.67

Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the lifetime for a TV of a population, and for this case we know the distribution for X is given by:

X \sim N(61,6)  

Where \mu=61 and \sigma=6

We are interested on this probability

P(57

And the best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\sigma}

If we apply this formula to our probability we got this:

P(57

And we can find this probability like this:

P(-0.67

And in order to find these probabilities we can use tables for the normal standard distribution, excel or a calculator.  

P(-0.67

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3 years ago
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2x<15

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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