Answer:
0.8314
Explanation:
First, we are given the following
Unemployment during on Average = U= 12.7 weeks
Standard deviation= SD = 0.3 Weeks
Therefore, P (12 Greater than x Greater than 13)
= P (12-12.7 /0.3 Greater than X -U/SD Greter than 13-12.7/0.3)
= P (-0.7/0.3 Greater than Z Greater than 0.3/0.3)
= P (-2.33 Greater than Z Greater than 1)
= P (Z Greater than 1) - P (Z Greaer than -2.33)
At this Point we make use of he Z table to find out the figure
= 0.8413 - 0.0099
= 0.8314
Answer:
I can't but I give the best of wishes on getting $15 on Nitro type
Answer:
$96,154.20
Explanation:
We are to find the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
A = Amount
R = interest rate
N = number of years
[(1.08)^9 - 1 ] / 0.08 = 12.487558
12.487558 x $7,700 = $96,154.20
<u>Answer: </u>Natural unemployment
<u>Explanation:</u>
Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.
Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.
