Answer:
0.2308 or 23.08%
Explanation:
Mean (μ) = $12.50
Standard deviation (σ) = $3.25
Assuming a normal distribution, for any given fare X, the z-score is calculated as:
For X = $15.00, the z-score is:
A z-score of 0.7692 corresponds to the 77.91-th percentile of a normal distribution. Therefore, the probability that a fare exceeds $15.00 is:
The probability that a specific fare will exceed $15.00 is 0.2308.
Answer:
A. True
Explanation:
Balance sheet: The assets, liabilities, and equity of stockholders are recorded in the balance sheet. The accounting equation which is shown below is used
In this:
Total assets = Total liabilities + Stockholder equity
The balance sheet debit and credit side should be fair, equal and balanced.
In addition, it is always prepared on the date specified.
In 2012,70%of rich people were self made in the USA.That is the updated answer in 2012.
Answer: 6.49%
Explanation:
The constant rate of growth where the company would break even will be calculated thus:
Initial investment = Net cash inflow / (14% - g)
759000 = 57,000/(0.14 - g)
where g = growth rate
759000 = 57,000/(0.14 - g)
Cross multiply
759000(0.14 - g) = 57000
106260 - 759000g = 57000
759000g = 106260 - 57000
759000g = 49260
g = 49260/759000.
g = 0.0649
g = 6.49%
<span>According to the Affordable Care Act new health insurance marketplaces are established by the Patient Protection Act. This Act was put in place to let patients compare different health insurance companies and benefits to determine what is best for them. The benefits are dependent on how many people or an individual needs coverage and what type of coverage they are wanting to have. </span>
