Break-even analysis is a tool that marketers are likely to employ during the ____ stage of the new-product development process.

Question 13 of 20

Mekhanik [1.2K]

Answer:

The answer is (A)

WAS THIS ANSWER HELPFUL?

MARK ME AS A BRAINLIEST

6 0

3 years ago

Sheridan Company signed a long-term non cancellable purchase commitment with a major supplier to purchase raw materials in 2021

stepan [7]

Answer:

Unrealized holding loss - Income (purchase commitments) $ 52,900 Dr

Estimated liability on purchase commitments ( $ 1,001,800 - $ 948,900 ) $ 52,900 Cr

Explanation:

Unrealized holding loss - Income (purchase commitments) $ 52,900 Dr

Estimated liability on purchase commitments ( $ 1,001,800 - $ 948,900 ) $ 52,900 Cr

6 0

3 years ago

The probability that a randomly selected education major received a starting salary offer greater than $52,350 is . The probabil

AveGali [126]

Answer:

1. 0.0808

2. 0.5371

3. 58.2%

Explanation:

The first part of the question, with the input data, is missing.

This is missing part:

Assume that X, the starting salary offer for education majors, is normally distributed with a mean of $46,292 and a standard deviation of $4,320

<h2>Solution</h2><h2 />

Question 1: The probability that a randomly selected education major received a starting salary offer greater than $52,350 is ________

Find the Z-score.

The Z-score is the standardized value of the random variable and represents the number of standard deviations the value of the random variable is away from the mean:

$Z-score=\dfrac{X-\mu}{\sigma}$

$Z-score=\dfrac{\$52,350-\$46,292}{\$4,320}=1.40$

$P(X>\$52,350)=P(Z>1.40)=P(Z$

The standard normal distribution tables give the cumulative probabilities as the cumulative area under the bell-shaped curve. P(Z>1.40) is the area under the curve that is to the right of Z = 1.40 or, what is the same, P(Z<-1.40) is the area to the left of Z = - 1.40.

Using the former, the table indicates P(Z>1.40) = 0.0808, which is 8.08%

Question 2: The probability that a randomly selected education major received a starting salary offer between $45,000 and $52,350 is _______.

Now you must find the area under the curve between the two Z-scores.

$Z(X=$45,000)=\dfrac{\$45,000-\$46,292}{\$4,320}=-0.30$

$Z(X=$52,350)=\dfrac{\$52,350-\$46,292}{\$4,320}=1.40$

Then, you must find the area between Z = -0.30 and Z = 1.40

That is P(Z<1.40) - P(Z < - 0.30) = P(Z > - 1.40) - P(Z < - 0.30)

= 1 - P(Z< -1.40) - P( Z < -0.30)

Now, you can work with the area under the curve to the left of Z = - 1.40 and to the left of Z = - 0.30.

From the corresponding table, that is: 1 - 0.0808 - 0.3821 = 0.5371

Question 3. What percentage of education majors received a starting offer between $38,500 and $45,000?

For X = $38,500:

$Z=\dfrac{\$38,500-\$46,292}{\$4,320}=-1.80$

For X = $45,000

Z = -0.3 (calculated above)

Then, you must find the area under the curve to the right of Z = - 1.80 and to the left of Z = - 0.3

P (Z > - 1.80) - P (Z < - 0.3)

1 - P (Z < - 1.80) - P (Z < - 0.3)

1 - 0.0359 - 0.3821 = 0.582 = 58.2%

5 0

3 years ago

2 Which of the following is NOT one of the trappings of marketing? (A) Customer centrality. (B) Declarations of support from top

Vlad1618 [11]

Answer:

The equal employment opportunity commission trust me

8 0

3 years ago

Teegan is in college and trying to decide her major for a bachelor’s degree. she wants to work in manufacturing. which job requi

omeli [17]

Answer:

purchasing agent is the right answer

7 0

3 years ago

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