Answer:
The probability of getting paid more than $6500 in 100 weeks is 0.6%
Explanation:
In this problem, we need to define a probabilty distribution for the money earned.
The 100-week payoff can be expressed as
Being L the numbers of weeks we have low pay and H the weeks we have high pay.
Now, as it is a coin flip, H is a binomial random variable with p=0.5 and n=100
For a total pay off of more than 6500, H has to be
That means that in at least 63 of the 100 weeks we have to get a high pay.
If we compute the individual probabilities we get P(H≥63)=0.006 or 0.6%.
Answer:
D.
Explanation:
Conspicuous consumption is when a person pays an extremely high price for a product for its prestige value leading to a much higher demand than a simple price/demand relationship would justify.
Characteristics:
-Buying expensive items to display wealth and income rather than to cover the real needs of the consumer.
-Gain higher social status.
-Behavior not only limited to the rich/upper class but among the poorer social classes and emerging economies.
-Clear positioning.
-Time relation is the present.
-Able to take risks.
-Try new products.
-Love symbols of status.
-Wants status appreciation.
Answer:
No
Explanation:
This does not violate the expenditure = output identity because this idenity says that goods-in-stock /unsold goods produced and ready for sale but not yet sold (inventory) are also a part of output, which if sold in the next accounting period, would still be calculated as sale in the current period, since it is the sale of output produced in the current year.
The answer is <u>"a. True".</u>
Preemptive multitasking refers to a task in which a PC operating system utilizes a few criteria to choose to what extent to allot to any one errand before giving another assignment a swing to utilize the working framework. The demonstration of taking control of the working framework starting with one errand and giving it then onto the next assignment is called preempting.
A typical basis for preempting is basically slipped by time (this sort of framework is now and again called time sharing or time cutting). In some operating systems, a few applications can be given higher need than different applications, giving the higher need programs control when they are started and maybe longer time slices.
