Answer:
The question is missing stock quotes which are found in the attached.
The maximum price that Norman Pilbarra will pay to buy 400 shares is $103.8 per share.
Explanation:
Judging from the attached stock quotes,the first 200 shares offered for sale is $103.5 per share while the next 200 shares is at a price of $103.8.
This then means that the maximum price for 200 shares is $103.8.This information is derived from the ask prices not bid prices since ask price is for sale,whereas bid is for purchase.
Answer:
The expected number of nondefective lightbulbs is 980 out of a random sample of 1,000 bulbs.
Explanation:
Hi, if the company is right, this is the operation that we need to do.
So, we are expecting 980 working bulbs out of a sample of 1,000
Best of luck