Answer:
a. 3,900
Explanation:
We find the probability of healthy persons & the weak out of the total population in the town.
Probability of healthy persons
P(h) = 600/1000
P(h) = 0.6
Probability of weak persons
P(w) = 400/1000
P(w) = 0.4
We find the pay off for both the healthy and the weak, then add up to get the expected value or the minimal annual premium
Expected Value = 0.6*$500 + 0.4*$9000
Expected Value = $300 + $9000
Expected Value = $3,900
So, the annual premium must be at least $3,900.
Answer:
see below
Explanation:
Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.
Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.
Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?
The correct answer is Data Steward
<h3>
Why is MIS becoming so important to businesses?</h3>
The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.
The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.
Learn more about the MIS department and the business here
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Answer:
assessing the costs and benefits of the research.
Explanation:
When a researcher embarks on a project and discovers that the costs of collecting the primary data overruns the benefits to be derived from the research, the researcher should reconsider whether to collect the primary data or not. Researchers regularly assess the costs and benefits of collecting primary data before fully embarking on data collection. If the costs outweighs the benefits of the data collected, then it is not beneficial to use primary data. Instead, the researcher can rely on secondary data. For every project, the costs and benefits are important considerations that determine whether a research or project goes ahead or not.
Answer:
A. ceases to exist unless sold or taken over by Yoshi's heirs.
Explanation:
A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.
One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.
I hope my answer helps you.
