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Gelneren [198K]
3 years ago
10

Each employee (on average) is equally productive, and each one's monthly sales are normally distributed with a mean of $127,000

and SD $24,000. What is the likelihood that at least two employees will have sales greater than $160,000 in a particular month?
Business
1 answer:
xenn [34]3 years ago
8 0

Answer:

0,1706

Explanation:

mean = $127.000

SD= $ 24.000

P ( X> $160.000 ) =P (Z> (X-MEAN) / SD ) = P(Z> (127.000-164.000) / 24.000)

P (Z> - 1,375) = 1- P ( Z< 1,375)  = 1- 0,9147 = 0,0853 x 2 employees = 0,1706

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11111nata11111 [884]

Answer:

Businesses borrow more money.

Consumption increases.

Explanation:

The Federal Reserve is the body responsible for conducting monetary policy in the US. Monetary policy basically consists of two actions. The increase / decrease in the money supply in the economy and the increase / decrease in the interest rate. These actions may happen together, but they are technically independent.

When the Federal Reserve increases the supply of money in circulation, more money is circulated through loans and personal spending. This is considered a policy of stimulating the economy and can be done independently of interest rate changes, although the reduction of interest is also a stimulus monetary policy that can be done in conjunction with the increase in the money supply.

5 0
3 years ago
In this exhibit (Simultaneous Shifts in Demand and Supply), D1 and S1 are original supply and demand curves, and S2 and D2 are n
Marrrta [24]

Answer:

Simultaneous Shifts in Demand and Supply

In this market, the change in supply may have resulted from:

b. an improvement in technology.

Explanation:

An improvement in technology is the only correct option that can cause the change in supply from S1 to S2.  Wage increases for the workers increase the cost of production, which can decrease sales volume.  Similarly, a decrease in the number of sellers will most likely reduce sales volume instead of increasing it.

4 0
3 years ago
Two factory plants are making tv panels. yesterday, plant a produced 12,000 panels. two percent of the panels from plant a and 5
vichka [17]
Let x be the number of television panels that the Company B produced. It is stated in this item that 5% of these panels are defective. The number of defective panels from Company B is therefore equal to 0.05x. 

With the representation above, the total number of panels produced by the two companies is equal to 12000 + x. The percentage of total defective panels to the total panels produced can be expressed through the equation,
     ((12000)(0.02) + 0.05x) / (12000+x))(100) = 3

Dividing the equation by 100
   (240+0.05x)/(12000+x) = 0.03

Cross-multiplying the denominator of the left-hand side to the right hand side of the equation,
   240 + 0.05x = 360 + 0.03x

Transposing like terms,
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Dividing the equation by 0.02.
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<em>ANSWER: The number of tv panels produced by Company B is 6000. </em>
8 0
4 years ago
How should you record a capital​ expenditure?
zepelin [54]
We can record a capital expenditure using the debit asset

6 0
4 years ago
Scenario: Blickinstock at the Crossroads Auto parts supplier, Blickinstock Ltd., would like to expand its presence in Latin Amer
Lena [83]

Answer:

A maquiladora is a factory that imports raw materials (usually benefiting from special tax regimes), processes them and manufactures goods that are exported to the company's home country. Maquiladoras benefit from low wages and are generally labor intensive industries.

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3 years ago
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