1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dalvyx [7]
3 years ago
15

A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of t

hem have managed to become highly successful. He selected 3 companies from this group as the candidates for success. To analyze his ability to spot the companies that will eventually become highly successful, he will use what type of probability distribution?
a) binomial distribution.
b) Poisson distribution.
c) hypergeometric distribution.
d) none of the above
Business
1 answer:
aleksandr82 [10.1K]3 years ago
8 0

Answer:

c) hypergeometric distribution.

Explanation:

Hypergeometric distribution -

It is the distribution curve of the " k " success probability in " n " draws , without any replacement with the size of " N " , having " K "  , objects .

This distribution is used to calculate the statistical significance for " k " success out of " n " draws .

This required to detect the which sub - population are under or over represented in a sample .

Hence , the probability distribution given in the question is of , hypergeometric distribution .

You might be interested in
A company's sales in Seattle were $410,000 in 2012, while their sales in Portland were $290,000 for the same year. Complete the
REY [17]

Answer:

a)   41.38%

b)  29.26%

c)  70.73%

Explanation:

We should check agsint whom is the comparrison to deteminate the base.

If we compare "than Portland's" this means portland is the year base.

a) Seattle / Portland

410,000 / 290,000 - 1 = 41.3793 = 41.38%

b) 1 - Portland / Seattle  = 1 - 290,000/410,000 = 29.26%

c) Portland / Seattle = 290,000 / 410,000 = 70.7317%

4 0
3 years ago
Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead f
nadezda [96]

Answer:

The question is not complete, find below complete question:

Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the years was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53?

A. $200

B. $350

C. $380

D. $730

The correct option is D, $730 as shown below

Explanation:

Overhead absorption rate is given total overhead /direct labor hours

Overhead absorption rate=$760000/20000

                                           =$38/ labor hour

Hence job WR53 would require $380($38*10 hrs) in overhead cost

The total cost of the job is given as follows:

Direct materials                  $200

Direct labor cost($15*10)   $150

Overhead on the job        <u> $380</u>

Total cost                            <u>$730</u>  

The job WR53 would cost $730

In essence, for the job to be profitable, it must be sold at a price beyond $730, otherwise the job might be sold at  a loss

7 0
3 years ago
Read 2 more answers
An advantage of __________ is that they allow real-time merchandising; products and features can be added or removed as needed,
alexgriva [62]

A benefit of digital catalogs is<span> that they allow real-time merchandising. Other advantages </span>are they eliminate the costs of printing and mailing, they offer an almost unlimited merchandise, they offer a wider assortment of presentation formats. The internet and digital marketing have created this to match the need of consumers. 

<span> 
</span><span> </span>

8 0
3 years ago
During periods of decreasing costs, the use of the LIFO method of costing inventory will result in a lower amount of net income
gladu [14]

Answer:

b. False

Explanation:

LIFO stand for Last in First Out. This means LIFO inventory valuation is based on earlier goods purchased.

So, when costs are decreasing, they are affecting latter prices and this usually affect FIFO (First in First Out) not LIFO.

7 0
3 years ago
Read the sentence.
sasho [114]

Answer:

The words aren't bolded, so it is difficult to know what kind of phrase and it is difficult to help you.

Explanation:

4 0
2 years ago
Other questions:
  • Suppose there is an increase in the wage and the demand for the consumption good falls, what can you say about the supply of lab
    9·1 answer
  • Which of the following is NOT an employer responsibility stated in OSHA’s Bloodborne Pathogens Standard?
    10·2 answers
  • suppose that a high crime neighborhood is plagued by numerous abandoned home and malfunctioning street lights applying the broke
    5·1 answer
  • A simple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond interest, and $2,000 in acc
    7·1 answer
  • On Jan 1, 2011, P.T. Scope Company purchased a computer system for $3,240. The company expects to use the system for 3 years. Th
    8·1 answer
  • Suppose that SoS sells both versions and wants to charge different prices for different versions. What is the highest price of t
    15·1 answer
  • Revenue is traditionally recognized in the accounting records when
    7·1 answer
  • Bluestone? Metals, Inc., is a metal fabrication firm that manufactures prefabricated metal parts for customers in a variety of i
    9·1 answer
  • Thomlin Company forecasts that total overhead for the current year will be $7,584,000 with 158,000 total machine hours. Year to
    15·2 answers
  • Read the overview below and complete the activities that follow. In addition to trade accounts payable, many companies have othe
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!