All categories

3 years ago

Select Yes or No to state whether each data set is likely to be normally distributed.

Business

1 answer:

yanalaym [24]3 years ago

7 0

Answer:

A) the weights of one species of adult turtles that live in a lake

Yes

B) the number of legs on all the cows that live on a farm

C) the number of days it rains per year in a given city over several years

Yes

D) the number of raisins in each bar in the same batch of oatmeal raising

Yes

Explanation: I got a 100% on the test.

You might be interested in

Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank

Daniel [21]

Answer: d. 0.91%

Explanation:

Farmers Bank

Effective annual rate is calculated with the formula:

= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1

= ( 1 + 5%/4 quarters) ⁴ - 1

= 5.09%

Merchants bank's rate is already an annual figure so there is no need for conversion.

Difference is:

= 6% - 5.09%

= 0.91%

4 0

3 years ago

Jenny, owner of an ice cream parlor, has been experimenting with different flavors to create a new exotic ice cream for her cust

Alecsey [184]

Answer:

Lol this is easy

Explanation:

B C Or D

its C

4 0

4 years ago

What is the purpose of APY?

Flauer [41]

Hello.

The answer is

D. for investors to calculate the periodic interest rate.

Have a nice day

5 0

3 years ago

EA10.

antoniya [11.8K]

Answer:

The question is incomplete; the complete question is given below.

Selling Price per unit Variable cost per unit

Product $ $

Snowboards 20.00 170.00

Skis 400.00 225.00

Poles 50.00 20.00

Salvador's contribution margin is 46.2%

Explanation:

Contribution is the amount generated from the sales of a product to cover part of the total fixed cost.

Contribution is an important concept in decision making because it helps to determine the profitability of individual products where a set of products benefit from the same fixed cost. it helps in prioritizing the allocation of resources to different products based on their profitability .

Contribution per unit = Selling price per unit- variable cost per unit

Total contribution= Contribution per unit * units sold

Contribution margin ration: The proportion of sales realised as contribution is known as contribution margin ratio (CMR) . It represents the amount generated as contribution from every one dollar worth of sales. A 60% margin means that $60 is made as contribution from evry sales of $100, for example.

It is a calculated as follows:

Single-product scenario:

C.M.R= contribution per unit/ selling price per unit

Multiple-products scenario:

C.M.R= contribution from a mix / revenue from a mix

We shall use the multiple-products formula

Snowboard ski Poles Total

$ $ $

Selling price 320 400 50

variable cost (170) (225) (20)

Contribution per unit (SP-VC) 150 175 30

Cont from a mix (cont× unit) 1050 525 60

Revenue from a mix (SP× unit) 2240 1200 100

Contribution margin ratio= Cont. from a mix/ Rev from a mix

= (1050+525+60)/(2240+1200+100)

=(1635 / 3540) × 100

= 46.2 %

8 0

3 years ago

A fixed cost is a cost which

ale4655 [162]

Answer:

The answer is c. remains constant in total with changes in the level of activity.

Explanation:

In a cost structure of a firm, for decision-making purpose, it is usually divided into fixed cost and variable cost.

Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.

Fixed cost, as it name may tell, is costs that are unchanged regardless of a firm's activities level. That is, regardless of how many product/service is produced, these costs remain the same. A good example of these cost are depreciation cost, rental cost.

4 0

4 years ago