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valkas [14]
3 years ago
7

Your office network has been measured to stay working an average of 2,200 hours with a standard deviation of 285 hours. What is

the probability that the network will stay up for 2,800 hours before it fails?

Business
1 answer:
JulsSmile [24]3 years ago
8 0

We assume here that <em>the probability for an office network to fail</em> follows a <em>normal distribution</em> with a <em>population mean of 2,200 hours</em> and a <em>population standard deviation of 285 hours</em>.

Answer:

The probability that the network will stay up for 2,800 hours before it fails is about 1.743%.

Explanation:

According to the question that the office network "has been measured to stay working an average of 2,200 hours", we can conclude that, for <em>normally distributed data</em>, at this working time, the office network has a probability of failure of 50% and a probability of being working of 50%, too.

As the office network still operates, the probability of failure increases following a normal distribution. So, for 2,800 hours of operation, we need to calculate the probability of failure for this network.

For this, we need to determine the <em>z-score</em> for the raw value of x = 2,800 hours, to later consult a <em>standard cumulative normal table </em>and find the probability associated with this z-score. To calculate it, we can use the z-score formula:

z\;score = \frac{x - \mu}{\sigma}

Where

\\ \mu\;is\;the\;population\;mean

\\ \sigma\;is\;the\;population\;standard\;deviation

And <em>x</em> is the raw score or the 2,800 hours of operation for the office network.

Thus

z = \frac{2800 - 2200}{285}

z = 2.105 \approx 2.11

Having a z = 2.11 (approximately) and consulting a <em>standard cumulative normal table, </em>we have that<em> </em>P(z<2.11) = 0.98257.

In other words, for 2,800 hours of operation for the office network, there is a probability of about 98.257% that this network <em>has failed by this time</em>.

Therefore, the probability that the network will stay up for 2,800 hours is 1 - 0.98257 = 0.01743 or about 1.743% of being working before it fails (or for only about 1.743% of the cases, the office network stays working for 2,800 hours).

The graph below has the shaded area that represents this probability.

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never [62]

Answer:

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Explanation:

Given that

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By taking the information,

The computation of the suit original price equal to

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3 years ago
Several factors affect a firm’s need for external funds. Evaluate the effect of each following factor and place a check next to
Studentka2010 [4]

Answer:

1.

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If the firm's inventory turnover increases, it means that the firm is taking longer to sell off inventory. This will mean that the company will have to invest more in working capital to maintain these inventory levels. This will lead to a higher probability of them needing additional funds.

2. Yes, dividends still affect a firm’s AFN even though they are paid out of after-tax earnings.

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4 years ago
On December 31, 2017, Beta Company had 320,000 shares of common stock issued and outstanding. Beta issued a 4% stock dividend on
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Answer:

The answer is 324,050 shares

Explanation:

Stock dividends adds to the total number of shares outstanding while treasury stock(buy-back) reduces the total number of outstanding shares.

Beta issued a stock dividend of 4percent. Meaning the outstanding shares will increase by 4percent.

1.04 x 320,000 shares

=332,800 shares is the total number of outstanding shares before treasury stock.

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So we have 3/12 x 35,000 shares

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Therefore, the appropriate number of shares to be used in the basic earnings per share computation for 2018:

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