Part A:
The number of outcomes that each of them will have to choose anyone at random is calculated below.
n = 3 x 3 = 9
This is because, Al will have 3 choices and similarly, Bill will also have three choices. These outcomes are as written below.
S = (1,1), (1,2), (1,3), (2, 1), (2,2), (2, 3), (3, 1), (3, 2), and (3,3)
Part B: To make the same choice, there will only be three outcomes. These are:
S = (1, 1), (2, 2) and (3, 3)
Part C: If neither of them will vote for 2, there will only be four outcomes. This is because each of them will only have two choices. These are:
S = (1, 1), (1, 3), (3, 1), and (3,3)
Answer:
Johnstone should value the equipment at <u>$40,326.29</u>.
Explanation:
To determine this, the present value of the five annual installments of $8,000 is first calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value of the five annual installments =?
P = Annual payment = $8,000
r = interest rate = 10%, or 0.10
n = number of years = 5
Substitute the values into equation (1) to have:
PV = $8,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10)
PV = $8,000 * 3.79078676940845
PV = $30,326.29
Therefore, the present value of the five annual installments of $8,000 is approximately $30,326.29.
As result of this:
Value the equipment = Payment on the purchase day + present value of the five annual installments = $10,000 + $30,326.29 = $40,326.29
Therefore, Johnstone should value the equipment at <u>$40,326.29</u>.
Answer:
a- How many customer records are stored in the database
SQL Command for knowing number of customer records are stored is
SELECT COUNT(Customer Name) FROM tbl Customer ;
b- List customers who live in New york.
SQL Command for knowing number of customers who live in New york
SELECT Customer State, FROM tbl Customer WHERE CITY = 'New york' ;
c- List customers who credit limits grater than $50,000.
SQL Command for knowing number of customers who's credit limit is grater than $50,000
SELECT Customer Credit Limit, FROM tbl Customer WHERE Credit limit > 50,000 ;
d. List sales transaction made in July - 18
SQL Command for knowing sales in July - 18
SELECT InvoiceDate, FROM tbl Sales ;
e. What the number of total sales transactions made to each customer
The three approaches to management which are considered to be historical perspectives are:
1. The classical view point: this emphasize finding ways to manage work more efficiently.
2. The behavioral view point: emphasize the need to understand human behavior and to encourage employees toward achieving the company's goals.
3. The quantitative view point: this emphasizes the application of quantitative measures to management.<span />
