Answer:
Type 1= 0.3 %
Explanation:
This is a 3 sigma limit given by ( μ±3σ) . Chebyshev's inequality states that at least 89% of the observations fall in the three sigma limits ( μ±3σ) . The probability increases towards 99.7% as the distribution becomes normal.
Normal distribution= 99.7% observations fall within μ ± 3σ
Type 1 Error= (100- 99.7)%= 0.3%
Upper control limit = UCL= μ + 3σ
Lower control limit = LCL= μ - 3σ
Not knowing the question involved, I'll respond. .. The receiver paraphrases what the sender sent.
Answer:
the supply will decrease causing an increase in pricing on mattresses.
Explanation:
Monopolism occurs when only one supplier produces a product with no other competitors. They control the supply and price of commodities.
Since other mattresse sellers have closed shop, the final seller will have monopoly of the mattresse market.
In order to maximise revenue he will reduce supply and increase prices so that customers will have no choice but to buy the scarce mattresse at higher price.
Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
Answer:
D. layoffs
Explanation:
A contingency plan is an alternative plan of action in case of unexpected outcomes. It is devised and kept in place to be implemented in bad times. A contingency plan is a sort of a risk mitigation plan to help the business navigate through a bad situation efficiently.
A contingency plan for labor include measures that can help a business overcome tough seasons. The business may need to layoff some employees to save on labor in times of economic downtime