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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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mina [271]
Who pays the tax does NOT depend on who write the check to the government.
Who pays the check ultimately depend on the elasticity of supply and demand. This is because, suppliers have several ways of passing the taxes levied on them by the government to the consumers in form of increase in price of their products. But this also depend on the elasticity of the products, because if the prices are too high, some customers may decide to buy somewhere else or to go for a substitute.<span />
4 0
4 years ago
Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than
galina1969 [7]

Answer:

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

Explanation:

163000 x20% = 32,600

163,000 - 32,600 = 130,040

current mortgage cuota:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C \times \frac{1-(1+0.0625/12)^{-30*12} }{0.0625/12} = 130,040\\

C= 800.68

800.68/ 2,986 = 0.2681 = 26.81%

this cuota exeeds the desired amount Giselle wants.

her couta can be as much as 2,986 x 25% = 746.5

<u>Giselle should purchase points</u> to lower the interest rate of the mortage, this will make the cuota decrease.

3 0
3 years ago
On January 1, Miami Gold Exchange paid cash of $64,800 for computers that are expected to remain useful for six years. At the en
Dmitry_Shevchenko [17]

Answer: See explanation

Explanation:

The amount of depreciation for the month of January using the straight line depreciation method will be:

= (Cost - Salvage Value) / Life of Assets / 12 Months

= ($64,800 - $0) / 6 Years / 12 Months

= $10800/12

= $900 per month

The adjusting entry for depreciation on January 31 will be:

Dr Depreciation Expense - Computer Equipment $900

Cr Accumulated Depreciation-Computer Equipment $900

(To record the depreciation expense)

4 0
3 years ago
After making a decision, you still have to _____. a. Celebrate your effectiveness b. List your available resources c. Implement
Reika [66]

Answer:

c. Implement a plan of action.

Explanation:

You already made your decision, so you've already considered all the outcomes and checked whether you have the resources needed for this. So the only thing left to do is to implement the plan of action

7 0
3 years ago
I had the flu last month. My fever is better, but I still have a chronic cough. It just will not go away! Drinking tea with hone
nata0808 [166]

Answer:

B

Explanation:

Short-lived or not lasting

4 0
3 years ago
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