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
Dmitry_Shevchenko [17]
3 years ago
9

The average cell phone bill is $78 with a standard deviation of $10. What is the minimum percentage of cell phone bills that wil

l be between $54 and $102.
Business
1 answer:
Harrizon [31]3 years ago
4 0

Answer:

The answer is 100%

Explanation:

we are given the mean which is $78 which is the average value of the data therefore this tells us most values are collectively around this bill and we also know the standard deviation of the cellphone bill which is $10 now we check the possibilities of x which is the cellphone bill being around these values so if x>$78+$10 , where x>$88 as we know the standard deviation is the measure of dispersion of data from the mean then we will see if x<$68 also then we'll find the probability where $68>x>$88 therefore if we sum these whole probabilities they will give us 1 which means it is certain but not impossible to find values that are $102>x>$54 which we see by the above numbers that approximately 1 is the probability which is 100%.

You might be interested in
Joseph is a sales manager for ETC Corporation. ETC is a manufacturer of high-end kitchen appliances for restaurants. Nicole has
Lapatulllka [165]

Answer:

entrepreneur inside

Explanation:

Entrepreneur inside or internal entrepreneur -

It is a type of entrepreneur , who operate in an organisation for example a government body or business unit .

The person take the responsibility for converting an idea into a profitable outcome , with his / her skills and innovation .

Hence , from the question data , Nicole is an Entrepreneur inside or internal entrepreneur .

5 0
3 years ago
Discuss the implications of discarding the profit maximization assumption for the effectiveness and efficiency of the market sys
jasenka [17]

The implications of discarding the profit maximization assumption for the effectiveness and efficiency of the market system relate to the imbalance of the economic laws of supply and demand, which is responsible for the sustainable functioning of the market.

<h3 /><h3>What are profit maximization assumptions?</h3>

It corresponds to the theory that the main purpose of a company is the maximization of profits, with decision making based on this purpose, identifying the best market opportunities and the strategy associated with this objective.

By developing a profit maximization strategy, companies become more competitive and aligned with demand and its characteristics, making the offer balanced, with the allocation of resources necessary for effective fulfillment of demand.

Therefore, the balance of supply and demand helps in sustainable production and pricing, developing the economy and the global market.

Find out more about profit maximization here:

brainly.com/question/13464288

#SPJ1

4 0
1 year ago
The potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill
leonid [27]

Counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.

Given an incomplete sentence related to potential exposure of the contract.

We are required to fill the blank with the appropriate word which means that the potential exposure that any individual bears that the second party to any financial contract will not be able to fulfill its obligations under a contract.

The appropriate word is counterparty risk.

Counterparty risk is basically the probability that the other party in an investment, credit,or trading transaction may not fulfill its part of the deal and may default on the contractual obligations.

Hence counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.

Learn more about contract at  brainly.com/question/5746834

#SPJ4

8 0
1 year ago
What is the website authorized by federal law where you can obtain your credit report for free?
uysha [10]

The website authorized by Federal Law is <em>annualcreditreport..com</em><em>.</em>

A credit report is an organized record database of borrower's credit history from different sources and its includes record from sources such as banks, credit card, governments etc.

  • There are numerous companies and sites that offers credit reports to individual but, the only authorized place by Federal law is <em>Annual Credit Report</em>.

  • However, individual's name, address, social security number, date of birth must be inputted on the website to verify identity.

In conclusion, the free website which is authorized by federal law where one can obtain one credit report is <em>annualcreditreport.</em>

Learn more about this here

<em>brainly.com/question/3836302</em>

5 0
3 years ago
Why is the serving size on the nutrition facts panel important?
Andreas93 [3]

Answer:

It is an important factor in diet

Explanation:

People nowadays are very worried about their diet and they demand brands to mention everything which is included in the food. It is an important factor in the diet as it contains information from nutrients, fats, proteins and sodium. Overall, it is an important factor and most of the food authorities around the world have made laws to put nutrient facts panel on the food boxes.

4 0
3 years ago
Other questions:
  • Why is looking at cash flow an important step in a good financial plan?
    11·1 answer
  • Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or u
    7·1 answer
  • George is a manager who has to solve a problem as expeditiously as possible, even if his methods sacrifice effectiveness. He doe
    9·1 answer
  • Which of the following is considered to be an accrued expense?
    8·1 answer
  • Suppose the Federal Reserve increases bank reserves and banks lend out some of these reserves, but at some point banks still hav
    6·1 answer
  • In the Planning, Programming, Budgeting and Execution (PPBE) process, one result of the programming activities is the __________
    9·1 answer
  • Which of the following could be true if one decreases their long term liability and increases their liquid assets?
    8·2 answers
  • Since the mid-20th century, globalization has resulted in:
    9·2 answers
  • What are your thoughts on Encanto?
    6·2 answers
  • How should you follow up an interview? What
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!