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photoshop1234 [79]
3 years ago
11

Among a group of 2,500 people, 35 percent invest in municipal bonds, 18 percent invest in oil stocks, and 7 percent invest in bo

th municipal bonds and oil stocks. If 1 person is to be randomly selected from the 2,500 people, what is the probability that the person selected will be one who invests in municipal bonds but NOT in oil stocks
Business
1 answer:
denpristay [2]3 years ago
8 0

Answer:

Probability that the person selected will be one who invests in municipal bonds but not in oil stocks is  \frac{7}{25}

Explanation:

Given : Total no of people in the group = 2500

            Investors of municipal bonds = 35% i.e .35 × 2500 = 875

            Investors of both municipal bonds and oil stocks

         = 7% i.e .07 × 2500

         = 175

Hence, the investors who have invested in municipal bonds but not oil stocks = 875 - 175 = 700 investors

Probability that the person being selected will be one who invests in municipal bonds but not in oil stocks = \frac{No.\ of\ investors\ of\ municipal\ bonds}{Total\ no\ of\ investors}

= \frac{700}{2500}

=  \frac{7}{25}

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Suppose the marginal cost of the 1st hour of talking on the phone is $50, the marginal cost of the 2nd hour is $75, and the marg
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Answer:

$230

Explanation:

Data given in the question

Marginal cost of the first hour = $50

Marginal cost of the second hour = $75

Marginal cost of the third hour = $105

So by considering the above information, the total cost is

= Marginal cost of the first hour + Marginal cost of the second hour + Marginal cost of the third hour

= $50 + $75 + $105

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We simply added the marginal cost of all three hours in order to determine the total cost

5 0
3 years ago
The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational
marin [14]

The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is <u>ESSA</u>

<h3>What is ESSA?</h3>

President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.

The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.

This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.

Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.

Thus, ESSA is doing a great job and this has increased the literacy rate too.

For more information on ESSA, refer to the given link:

brainly.com/question/15444352

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6 0
1 year ago
Suppose a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value. The Lexus sells for 6,000,000 Japanese yen i
yarga [219]

Answer:

1 EUR = 120 JPY

Explanation:

As the purchasing power parity theory, the exchange rate of currency 1 to currency 2  = Cost of good  in currency 1 / cost of same valued item  in currency 2

In this case,  a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro

= price of Lexus in Tokyo/ price of Mercedes  in Stuttgart

= 6,000,000 JPY/ 50,000 EUR

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4 years ago
When companies try to entice customers to make purchases by offering special incentives or excitement-building programs, includi
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Answer:

<em>Sales Promotion</em>

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The method of order to persuade a potential client to purchase the product is sales promotion.

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Many offers for sales are intended for customers.

5 0
3 years ago
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Answer:

Explanation:

[Your Address]

[Your City, State, Zip Code]

[Date]

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On [date], I bought [or had repaired] a [name of the product with the serial or model number or service performed]. I made this purchase at [location, date, and other important details of the transaction].

Unfortunately, your product has not performed well [or the service was inadequate] because [state the problem].

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Sincerely,

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[Account Number]

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3 years ago
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