Answer:
a) 15 to 35 approximately 95%
(b) 10 to 40 approximately almost all
(c) 20 to 30 approximately 68%
Explanation:
The data have a bell-shaped distribution which means the data is equally distributed on both sides of the mean.
We have the mean at 25 and a standard deviation of 5 which means that the interval is for each of the values of 5 .
The mean would be u and
The first value would be u ±σ = 25 ± 5= 20 and 30 (68 % )
The second value will be u ± 2σ= 25± 10 = 15 and 35 (95%)
The third value will be u ± 3σ= 25 ± 15 = 10 and 40 (99.7 % almost all)
In the figure below the light blue region gives u ±σ on both sides of the mean
, dark blue gives u ± 2σ values on both sides of the mean and grey gives
u ± 3 σ values on both sides of the mean.
It is obvious that 68 % of the data is contained in the u ±σ light blue region, 95 % of the data in the u ± 2σ dark blue including light blue and 99.7 % in the u ± 3σ all colored regions.
Answer:
Lifestyles
Explanation:
There are many reasons for this market to grow over the years, for example: Farmers' markets provide low-risk entry points for new or beginning farmers; educational opportunities for the general public; and increased access to fresh food for food-insecure community members.
Answer:
Following are the differences between monopolistically competetive market and perfectly competetive market.
Explanation:
Overall the profit ratio for the sellers is higher in monopolistically competitive market and low in a perfectively competitive market. In monopolistically competitive market, sellers charge a price higher than marginal cost, whereas, in a perfectly competitive market, the sellers charge a price equal to the marginal cost. In long-Run, the main difference between the competitive market and the monopolistic market is the excess capacity. It is the difference between the efficient level of output and profit-maximizing level of output.
Answer:
Flexible budget cost variance= $6,400 unfavorable
Explanation:
<u>To calculate the flexible budget cost variance, we need to use the following formula:</u>
Flexible budget cost variance= (standard costs*actual quantity) - actual costs
Flexible budget cost variance= (6*27,500) - 171,400
Flexible budget cost variance= 165,000 - 171,400
Flexible budget cost variance= $6,400 unfavorable
Answer:
The new system consist of limitations that did not examine some critical factors like, a change in time zones, and the time of pilot hours of flying .
Explanation:
Solution:
The factors that led to the turnaround of the new scheduling system is determined by the supposed offer turn around of the new system with in an advanced or highly way or method.
There are also some timely limitations under which favorable decisions can be done.