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
ahrayia [7]
4 years ago
10

GIVEN: It's been reported that the mean height for an American female is 64 inches with a standard deviation of 3 inches, and th

e interquartile range is 1.33 standard deviations.
Business
1 answer:
Marysya12 [62]4 years ago
7 0

Answer:

the percentage of women greater than 72 inches is 0.38%

Explanation:

It's been reported that the mean height for an American female is 64 inches with a standard deviation of 3 inches, and the interquartile range is 1.33 standard deviations. Calculate the percentage of women greater than 72 inches.

Since mean height equals the median height and the interquartile range = 1.3  standard deviations, this is a normally distributed problem. Given that:

mean (m) = 64 inches and standard deviation (s) = 3 inches.

To calculate the percentage of women greater than 72 inches we need to calculate the z score at 72 inches. Z score shows the relationship between a group of data and the mean.

Z score (Z) = \frac{x-m}{s}

substituting values:

Z=\frac{72-64}{3} =\frac{8}{3} = 2.67

P( X > 72) = P(Z > 2.67) = 1 - P(Z < 2.67) = 1 - 0.9962 = 0.0038

Therefore, the percentage of women greater than 72 inches is 0.38%

You might be interested in
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because t
Gennadij [26K]

Answer:

The current share price is $74.62.

Explanation:

The constant growth model of the DDM requires is used to estimate the fair price per share of a stock based on the expected dividends that it will pay in future when these dividends are growing at a constant rate. The formula for this model is,

Price today = D1 / r - g

Where,

D1 is the dividend in year 1

r is the required rate of return

g is the growth rate in dividends

However as the company will pay dividends from year 10. Thus, the D10 will 14.

The value of the stock at year 9 will be,

Price at year 9 = 14 / (0.125 - 0.06)

Price at year 9 = $215.38

We will discount this by the required rate of return to calculate the present value.

Present price per share = [(14 / (0.125 - 0.06)) / (1+0.125)^9]

Present prie per share = $74.617

6 0
3 years ago
Prahm Corp. wants to raise $5.3 million via a rights offering. The company currently has 590,000 shares of common stock outstand
lawyer [7]

Answer:

Proceeds from sale of rights will be $49407.62

Explanation:

Proceeds from the sale of rights

=> Net Proceeds per share = Subscription price per share x (1 – Spread)

= $27 × (1 – 0.06)

= $25.38 per share

=> New shares offered = money raised/net proceeds per share              

                                       = 5300000/25.38 =  208826 Shares

=> Number of rights needed = current shares/New share offered    

                                               = 590000/208826 = 2.82532

=> The Ex-rights stock price will be

Ex-rights stock price = ((Number of rights needed × selling price per share) + Subscription price) + (Number of rights needed + 1)

= ((2.82532 × 54) + $27 per share) / (2.82532 + 1) = $46.94177 per share

So, the value of a right = Selling price per share - Ex-rights stock price

= $54 - $46.94177

= $7.05823 per share

Therefore, proceeds from selling the rights will be

= Number of shares × value of a right

= 7000 × 7.05823

= $49407.62

Proceeds from sale of rights will be $49407.62

5 0
4 years ago
. What could they have done differently to save the franchise?
goldfiish [28.3K]

Answer:

Make research easy and entice new prospects by posting everything online.

Don't shock or overload stakeholders – drip feed information.

Plan for growth, achieve big goals.

Connect people and encourage conversations for bigger investments.

5 0
3 years ago
Amazon.com is now 25 years old and makes $140 billion in annual revenues. As an investor, would it concern you that Amazon.com h
Nastasia [14]

Answer:

Personally, as an investor I would be concerned but I would be willing to wait for 3-5 more years to help the CEO diversify the markets.

Explanation:

A company that makes a consistent loss is never a good buy for an investor. However, Amazon has done a couple of things over the last two decades that can give investors some confidence.

For one, the company has grown in revenue and the number of products they offer every year since it's inception. What began as an online book seller now sells everything, from facial creams to make up to electronics.

Amazon has also maintained a first-mover advantage and almost has a monopoly on the e-commerce business in the United States.

With such a strong position and a $140 billion in revenues, the company is almost too big to fail since their debt is very little. With such firepower, the company can further transform and diversity to become profitable and formidable.

6 0
3 years ago
Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,
Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

  • X = minimum number of shares that must be owned  = ?
  • S = total outstanding shares  = 10,000,000
  • N = number of directors we want to elect = 1
  • D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

  1. The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
  2. Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0
4 years ago
Other questions:
  • Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which
    14·1 answer
  • The amount of cash to be reported on the balance sheet at June 30 is the
    5·1 answer
  • What does the invisible hand do
    14·1 answer
  • Achieving high product quality lowers operating costs because of the effect of quality on:___________.
    11·1 answer
  • Which of the following is a primary market transaction?
    9·1 answer
  • Frogue Corporation uses a standard cost system. The following information was provided for the period that just ended:
    11·1 answer
  • Identify the five major column headings on a work sheet
    6·1 answer
  • Sammy's is a fast food chain that offers burgers, sandwiches, and shakes. It focuses its marketing efforts on all the experience
    9·1 answer
  • Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
    5·1 answer
  • What is the best way to control expenses?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!