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Dmitry_Shevchenko [17]
3 years ago
13

The mean number of errors per page made by a member of the word processing pool for a large company is thought to be 1.8 with th

e number of errors distributed according to a Poisson distribution. If a page is​ examined, what is the probability that more than two errors will be​ observed?
Business
1 answer:
Dimas [21]3 years ago
3 0

Answer:

The probability will be "0.26938".

Explanation:

The given value is:

Mean

\mu = 1.8

By using Poisson probability formula, we get

⇒  P(X = x) = \frac{ (e-\mu\times \mu x )}{x!}

⇒  P(X > 2) = 1 - P(X \leq 2)

⇒  1 - (P(X = 0) + P(X = 1) + P(X = 2))

⇒  1 - (e-1.8 * 1.80) / 0! + e-1.8 * 1.81) / 1! + e-1.8 * 1.82) / 2! )

⇒  1 - 0.73062

⇒  0.26938

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Answer:

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Explanation:

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Incremental cash flow = Appraisal on the house - Real estate fees

=$264,000 - $21,120

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7 0
2 years ago
Read 2 more answers
Splish Corporation reported the following for 2020: net sales $1,242,800, cost of goods sold $737,700, selling and administrativ
tester [92]

Answer:

1. $192,200

2. $192,200

Explanation:

1. Preparation for the statement of comprehensive income using the one statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the one statement format will be $192,200

2. Preparation a statement of comprehensive income using the two statement format

Splish Corporation Statement of Comprehensive IncomeFor the Year Ended December 31, 2020

Sales revenue $1,242,800

Less Cost of goods sold ($737,700)

Gross profit $505,100

Less Selling and administrative expenses ($329,500)

Net income $175,600

($505,100-$329,500)

Comprehensive Income

Net Income $175,600

Add Unrealized holding gain on available-for-sale debt securities $16,600

Comprehensive income $192,200

Therefore the Comprehensive income for the statement of comprehensive income using the two statement format will be $192,200

8 0
3 years ago
Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more
allsm [11]

Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.

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2 years ago
What elements must be present for fire to exist?
liraira [26]

Answer:

Matches, and log wood I'm guessing

7 0
2 years ago
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The aggregate supply curve slopes a. downward because firms can sell more at lower prices. b. upward because firms can hire work
RideAnS [48]

Answer:

The correct option is (b)

Explanation:

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This is the reason for upward sloping AS curve.

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