Answer:
99 items
Explanation:
Total number of items = 6,800
The number of items per type is:
The number of items of each type counted per day is:
The total number of items counted per day is:
Answer:
A) A test with a high cost may also be of high value.
Explanation:
A test's cost add up to the time spent in preparing that test. S much time might have really been spent on it like researching, sitting, time spent, revaluation of the test, as well as other contributions made for the execution of that test. The value of the test can be evaluated to the resources spent for the test. When a test has a high cost, it may also have a high value depending on some variables relating to both the cost of the test as well as its value. Also, every individual's primary objective is usually cost minimization and profit maximization in every thing he does irrespective of type or structure.
Answer:
The owner will maximize value if it waits 29th years Assuming 5% continuos inflation
Explanation:
the price formula for the future years is:
while it is adjusted for inflation at:
so the complete formula for value is:
Now, we can derivate and obtain the roots
Getting at a root exist at the 29th year.
The owner will maximize value if it waits 29th years Assuming 5% continuos inflation
Answer:
The Actuarially Fair Premium that Tom have to pay for hid Health Insurance is $4,160
Explanation:
To compute the amount that Tom have to pay for Health Insurance is;
Actuarially Fair Premium = (Probability of actuality ill × Payments incurred) + (Probability of not actuality ill × Payments incurred)
Actuarially Fair Premium = (20% x $20,000) + (80% x $200)
Actuarially Fair Premium = $4,000 + $160
Actuarially Fair Premium = $4,160
