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r-ruslan [8.4K]
4 years ago
10

Josephine won the lottery twice, both with large jackpots. Her friends tell her to keep playing the lottery because she is on a

lucky roll. In reality, the two winnings are:
a) random events.
b) an example of beating the statistical odds.
c) a coincidence that cannot be explained statistically.
d) causally related.
Business
1 answer:
Svetradugi [14.3K]4 years ago
5 0

Answer:

a) random events.

Explanation:

According to my research on lottery drawings, I can say that based on the information provided within the question the two winnings are just random events. The chances of Josephine winning the lottery can be explained statistically with probabilities, but even still the two winning tickets are random events that happened in her life. Even tho the chances can be explained statistically it does not mean that the next ticket will be a winner as well, regardless if she is on a lucky roll.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Tasya [4]

Hello There!

The answer to this is true.

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7 0
3 years ago
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08.
Nezavi [6.7K]

Answer:

The after-tax cost of debt is 8.22%

Explanation:

The cost of debt is the actual cost of a business to raise debt finance. Yield to maturity is the cost of debt of a bond.

calculate the YTM as follow

Coupon = $1000 x 7.25% x 6/12 = $36.25

Number of periods = 9 yeas x 12/6 = 18 periods

Use the financial calculator as below

2nd I/Y 2, FV 1000, PMT 36.25, PV -754.08, N 18, CPT I/Y

Yield to maturity = 11.7499%

Now calculate the after tax YTM

YTM ( after tax ) = 11.7499% x ( 1 - 30% )

YTM ( after tax ) = 8.22%

3 0
3 years ago
"Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase
Phoenix [80]

Answer:

$4,520

Explanation:

The computation of the dollar value of the ending inventory using the FIFO method is as follows:

But before that the ending inventory is

= Beginning inventory + purchased units + purchased units + purchased units - sales units

= 130 units + 280 units + 140 units + 160 units - 430 units

= 280 units

Now the ending inventory is

= 160 units × $17 + (280 units - 160 units) × $15

= $2,720 + $1,800

= $4,520

5 0
3 years ago
A pure strategy involves​ ____________. A. choosing one particular action for a situation. B. choosing ethical actions over domi
aliina [53]

Answer: Choosing one particular action for a situation

randomly

Explanation: A pure strategy is used to define the actions of the user in the particular situation. In such case, the user choose one alternatively from two or more and do not mix them.

Whereas, in a mixed strategy the user chooses its action from a number of alternatives in a random manner and not on the basis of any predetermined criteria as in the case of pure strategy.

5 0
3 years ago
The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016:
nika2105 [10]

Answer:

The Zeller Corporation

As a result of this stock dividend, the retained earnings account should be decreased by :___________

$15,000.

Explanation:

a) Data and Calculations:

The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016:

Common stock, $10 par (30,000 shares issued and outstanding) $300,000

Additional paid-in capital 2,000,000

Retained earnings 5,700,000

Total stockholders' equity $8,000,000

Analysis:

January 2, 2017: Stock dividend $15,000 (30,000 * 5% = 1,500 shares * $10) Stock dividend distributable $15,000

January 31, 2017: Retained Earnings $15,000 Stock Dividend $15,000

Stock dividend distributable $15,000 Common stock $15,000

5 0
3 years ago
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