Answer:
The probability of Ann winning the prize is 2.464
Explanation:
The probability of Ann winning the prize can be analysed as potray below
1.pr(of Ann being the first player selected).
Here Ann plays the 2nd,3rd and 4th player to win prize,the probability=0.8×0.8×0.8=0.512
2.Pr(of Ann being the second player selected)
If Ann is randomly selected as the second player,she will still need to play three matches to win with 1st,3rd and 4th
0.8×0.8×0.8=0.512
3.Pr(of Ann. Being the third player chooses randomly),Ann will get to play just two players i.e the winner of 1and 2 and the 4th.the probability=0.8×0.8=0.64
4.Pr(of Ann being the 4th player choosen randomly)
Ann gets to play only one match to win the prize in this scenario
So probability of a Ann win is 0.8
Total probability a Ann winning the prize=0.512+0.512+0.64+0.8=2.464
Answer:
70.1754386
Explanation:
The calculation of the number of the futures contract to sell as follows:
Portfolio value $1,000,000
Face value $100
Units. $10,000
Maturity portfolio. 5
Modified duration. 4
Modified duration of T bonds 9
Yield on portfolio. 0.000015
Yield on T bonds. 0.00001
Future price of the bonds $95
Loss of portfolio. $60
Decline in fut T bond price $.0086
Per value contract. $86
Number of future contract to sold 70.1754386
Answer:
Increase in sales by increasing marketing efforts.
Explanation:
A budget can be defined as a financial plan which is used to make an estimate of the amount of amount that goes in and comes out. It can also be described as a financial plan that controls expensenses, resources, debts within a specific period of time.
Budgeting is carried out inorder to maintain and control an individual or an organization income so as to avoid wastage of resources. Budgeting keeps an individual or organization focused on achieving their different goals and objectives.
Answer and Explanation:
The connection between Floor and Function Inspection is that these two techniques are used to eliminate and identify defective raw materials prior to the development of the same. Quality is the key priority for both processes, where standards are reviewed and evaluated to ensure that the operation continues correctly.
The distinction between the two is that in Floor Inspection the system inspects the material in process doe the machine or at the time of production to ensure that each and every machine or floor is working effectively. It is to make share the material processing costs don't go out or it could easily be found by hand and defect.
The Functional Inspection, on the other hand, will have the key feature tested which the product is supposed to perform. For instance, if the same has the right speed and output, the electric motor could be tested up. It doesn't inform us about the variability throughout all parts but gives us an overall view of the satisfaction that comes from investigating the same commodity.
Answer:
True
Explanation:
Belonging to a professional organizations provides opportunity to share knowledge and experience and learn from others. It also avails one opportunity to share contacts with other professionals who may be of help in securing business opportunities and resolving business issues .
