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padilas [110]
3 years ago
12

Salma asked Lillie, "How did you do in the final assessment?" Lillie responded, "I knew everything!" Salma said, "So you can exp

ect a 100! That will be awesome!" Lillie thought for a moment and said, "Maybe not actually that much of everything. I would say 95 to 100." Lillie curbed Salma's judgment bias by using:_________
Business
1 answer:
Virty [35]3 years ago
6 0

Answer:

A confidence estimate.

Explanation:

Confidence estimate is a statistical representation for the possiblity of occurance of any event. The confidence estimate is shown by using interval of estimate, it also known as confidence internal estimation. It show an approximate value of the unknown parameter of probablity distribution. It is useful as defence against judgmental biases.

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Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking
MrRissso [65]
The money multiplier is the amount of money that is generated from the reserves of a bank:
$100/0.10 - $100 = $900 billion
The money supply is
$100/0.10 = $1000 billion of $1 trillion
If the reserves is changed to 20%, the money multiplier and money supply will decrease
5 0
3 years ago
Read 2 more answers
Herman Co. is considering a four-year project that will require an initial investment of $7,000. The base-case cash flows for th
goldenfox [79]

Answer:

Net Present Value    $ 23,373.49

Explanation:

First, we solve for the expected return:

\left[\begin{array}{cccc}State&Return&Probability&Weight\\best-case&19,000&0.25&4,750\\base-case&12,000&0.5&6,000\\worst-case&-3,000&0.25&-750\\Total&&1&10,000\\\end{array}\right]

Now, we solve for the present value of this vaue over the four-year period:

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

C 10,000.00

time 4

rate 0.12

10000 \times \frac{1-(1+0.12)^{-4} }{0.12} = PV\\

PV $30,373.4935

<u>Last we subtract the investment cosT:</u>

30,373.49 - 7,000 = 23,373.49

5 0
3 years ago
Angela's car payment is due January 31. This bill is always paid automatically from her checking account. It is January 30 and A
OlgaM077 [116]
My best guess is B. Transfer money online from her savings account to her checking account. But not certain about my answer. :(

8 0
3 years ago
Which of the following statements regarding the center of gravity method is false
grigory [225]

Answer:

Consider the following explanation

Explanation:

False statement are as follows,

A)  It is designed to minimize the maximum possible travel distance to any location

This statemet is false

Explanation- Center of gravity has nothing to do with travel distance or any kind of diisplacement. Following sentence is used in cargo industry ffor effieicent transportation.

C) And D) Are also false

Explanation- They are also a part of cargo management hence cannot be used in center of gravity method.

Only Option B) Is correct

8 0
3 years ago
Dr. Shetty is able to drive down the cost of complex medical procedures from $100,000 to $2,000 not by doing one big thing, but
melomori [17]

Answer:

C. Process Innovation.

Explanation:

As Dr. Shetty is able to drive down the cost of complex medical procedures from $100,000 to $2,000 not by doing one big thing, but rather by doing a thousand small things. This approach focuses on driving down the cost of healthcare through process innovation. Process innovation is the mechanism when we implement a new or significantly improved manufacturing method with the help of a new technology in order to remain competitive and meet consumers demands at the same time. We try to solve an already existing issue or reforms an existed process in a different way to generate something with huge benefits, likewise, same is the case here with Dr. Shetty who has reduced the cost of healthcare quite significantly just by changing and improving his production methods.

7 0
3 years ago
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