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tresset_1 [31]
3 years ago
15

The average starting salary for graduates at a university is $33,000 with a standard deviation of $2,000. If a histogram of the

data shows that it takes on a mound shape, the empirical rule says that approximately 95% of the graduates would have a starting salary between _______.

Business
1 answer:
maxonik [38]3 years ago
6 0

Answer:

Approximately $37000

Explanation:

A standard normal curve will be used to solve this question since the histogram of the data takes on a mound shape.

The mean salary is $33000 with one standard deviation equalling $2000.

Using the normal curve, 95% of the salary will lie between 2 standard deviation. i.e. $33000+$2000+$2000=$37000

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Classify each statement about the Federal Reserve System as either true or false.
IceJOKER [234]

Answer:

1. The Federal Reserve was established by the U.S. Constitution in the late 1700s

Classification: False

2. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.

Classification: True

3. All Federal Reserve actions are subject to veto by the executive branch.

Classification: False

4. The Federal Reserve determines monetary policy in the United States.

Classification: True

5. The Federal Reserve was created by the Federal Reserve Act of 1913.

Classification: True

8 0
3 years ago
Claire purchases an eight-year callable bond with a 10% annual coupon rate payable semiannually. The bond has a face value of 3,
Liula [17]

Answer:

12.41%

Explanation:

yield to call = {coupon + [(call value - market value)/n]} / [(call value - market value)/2]

0.05 = {150 + [(2,900 - market value)/8]} / [(2,900 - market value)/2]

0.05 x [(2,900 - market value)/2] = 150 + [(2,900 - market value)/8]

0.05 x (1,450 + 0.5MV) = 150 + 362.5 - 0.125MV

72.5 + 0.025MV = 512.5 - 0.125MV

0.15MV = 440

MV = 440 / 0.15 = $2,933.33

Claire's total returns = $150 (coupon) + ($2,960 - $2,933.33) = $176.67

Claire's return on investment = $176.67 / $2,933.33 = 6.02273%

effective annual yield = (1 + 6.02273%)² - 1 = 12.41%

4 0
3 years ago
Why irish lions rugby playing with Japan?
Arisa [49]

Answer:

I expect the answer in the following form

Explanation:

Irish lions play with Japan to get better and learn new things

7 0
3 years ago
f interest rates rise but the quantity of loanable funds demanded and supplies remains constant, this implies that Group of answ
babymother [125]

Answer:

The demand and the supply of loanable funds both remained the same.

Explanation:

If the interest rates rise, but both demand and supply of loanable funds remanin constant, this means that demand and supply remained the same.

This would be a problem in the real world, because when interest rates rise, what should happen is that the supply of funds rise, while demand falls, because a rise in interest rates makes investment more expensive since interset rates are simply the price of the loanable funds.

3 0
3 years ago
Gabriella strongly prefers a specific brand of gourmet coffee. Since there is only one store in her area that sells her brand, s
omeli [17]

Answer:

A. True

Explanation:

For her it is a specialty good because it not sold everywhere, therefore she makes the extra effort.

7 0
3 years ago
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