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joja [24]
3 years ago
11

Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's mar

ket share. When evaluating the prior year's numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Marie's current market share?
Engineering
2 answers:
photoshop1234 [79]3 years ago
8 0
Anne-Marie’s current market share is about 30 million
zepelin [54]3 years ago
7 0

Answer:

The current share of Anne-Marie's in market is 10%.

Explanation:

Achieve total sales = $ 3 million

Entire industry sales =  $ 30 million

Lets find the share of Anne-Marie's in the current market

The share of Anne-Marie's in market is S

S=\dfrac{total\ sales}{market\ sales}

Now by putting the values in the above formula

S=\dfrac{total\ sales}{market\ sales}

S=\dfrac{3}{30}

S= 0.1

Percentage S= 0.1 x 100

S =10 %

So the current share of Anne-Marie's in market is 10%.

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A square steel bar has a length of 8.4 ft and a 2.1 in by 2.1 in cross section and is subjected to axial tension. The final leng
nikitadnepr [17]

Answer:

Poissons ratio = -0.3367

Explanation:

Poissons ratio = Lateral Strain / Longitudinal Strain

In this case, the longitudinal strain will be:

Strain (longitudinal) = Change in length / total length

Strain (longitudinal) = (8.40392 - 8.4) / 8.4

Strain (longitudinal) = 4.666 * 10^(-4)

While the lateral strain will be:

Strain (Lateral) = Change in length / total length

Strain (Lateral) = (2.09967 - 2.1) / 2.1

Strain (Lateral) = -1.571 * 10^(-4)

Solving the poisson equation at the top we get:

Poissons ratio = -1.571 / 4.666                                     <u>( 10^(-4) cancels out )</u>

Poissons ratio = -0.3367

6 0
3 years ago
University administrators have developed a Markov model to simulate graduation rates at their school. Students might drop out, r
abruzzese [7]

Solution :

The percentage of the students who have a chance of repeating their current year = 3%

The drop out students for the first year and the sophomores = 6%

Drop out rate of first year and the seniors = 4%

Now for the state space :

S = { first year(1), sophomores(2), juniors(3), seniors(4), graduates(G), Dropouts(D) }

Therefore

the first year students are indicated as '1'

Sophomores are indicated as '2'

Juniors are indicated as '3'

Seniors are indicated as '4

Graduates are indicated as 'G'

Dropouts are indicated as 'D'

The transition diagram is attached below.

The probability of the students who have the chance of repeating their current year = 3/100 = 0.03

Probability of first year dropouts and sophomores = 6/100 = 0.06

Probability of dropout rate of juniors and seniors = 4/100 = 0.04

Therefore, the probability matrix can be made as :

              1        2        3        4       G        D

    \begin{matrix}1\\ 2\\ 3\\ 4\\ G\\ D\end{matrix}      \begin{bmatrix}0.03 & 0.91 & 0 & 0 & 0 & 0.06\\  0& 0.03 & 0.91 & 0 & 0 & 0.06\\  0& 0 & 0.03 & 0.93 & 0 & 0.04\\  0& 0 & 0 & 0.03 & 0.93 & 0.04\\  0& 0 & 0 & 0 & 1 & 0\\  0& 0 & 0 & 0 & 0 & 1\end{bmatrix}  

Here, G represents 'graduates' and D represents 'Dropouts.'

5 0
3 years ago
An inductor of ????=6.95 H with negligible resistance is placed in series with a ℰ=12.5 V battery, a ????=3.00 Ω resistor, and a
elena-14-01-66 [18.8K]

Answer:

a) I=0 b) 4.17V c) 0.354 A d) 14.5s

Explanation:

a) consider circuit in the attachment

i(t)= E/R (1- e^(-t/RL))

i(0)= 12.5/3×(1-e^(0/RL))

i(0)=0

b) at t⇒∞

i(∞)= 12.5/3× (1- e^(-∞/RL))

    = 4.17V

c) 1/RL= 1/(6.95×3)= 0.0479616

i(1.85) = 12.5/3 × (1- e^(-1.85×0.0479616)

         = 0.354A

d) I/2= I (1- e^(-t/RL))

t= - RL ln0.5

t= - 3×6.95 × (-0.693)

t= 14.5 s

8 0
4 years ago
Rafel knows that lessons learned is a valuable aid to future projects. When should he and his team address
Arada [10]

Answer: Create lessons learned at the end of the project.

Explanation:

Lessons learned are the experiences that are gotten from a project which should be taken into account for the future projects. Lesson learned are created at the end of the project.

The main objective of the lessons learned is that they show both the positive experience and the negative experience of a project and this will help the future projects that will be undertaken.

5 0
3 years ago
Vacancy diffusion statement refer to that a mechanism that
belka [17]

Answer:

true

Explanation:

4 0
3 years ago
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