Answer: Expected value = $2.034
Explanation:
Total outcome = 52
Favorable Outcome = 8
Probability of drawing a card with a value of three or less = 
= 
= 
Probability of drawing a card with a value of more than three = 1 -
= 
Hence,
Expected value = 
= 22.338 - 20.304
= $2.034
Answer:
"Groupthink
" would be the right answer.
Explanation:
- Group-thinking seems to be a tendency that happens whenever a segment of the population achieves agreements without rational thought or consideration of the implications or replacements.
- The tendency generates tension within the same group the seeks to suppress imagination but innovation to avoid confrontation.
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
The three sources that offer specialized information on records management are accounting records, legal records, and personal records.
Keeping records in management is a very important activity that can prevent many hardships and sufferings.
When a manager keeps records correctly, it knows what to look for, where, why, and as soon as possible. Information is a key resource in companies, so knowing where to find it is of the utmost importance.
Legal records and accounting records are the foundation of corporations. Personal records help us to better control our personal information when needed or helps the Human Resources department to properly manage our information as employees.
Answer:
The money multiplier of the economy is 20
Explanation:
Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.
The formula used for computing the money multiplier is as:
Money Multiplier = 1 / r
where
r is the reserve ratio that is 5%
So, putting the same value above:
Money Multiplier = 1 / 5%
Money Multiplier = 20
Answer:
The variance is: $ 0.50 per direct labor hour.
Explanation:
Actual payroll = $117,000/6000h = $19.50 per hour
So, if we compare this value with the standard rate of pay ($20 per direct labor hour) The variance is: $20.00 - $ 19.50 = $0.50 per hour
