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klasskru [66]
3 years ago
14

The defect rate for data entry of insurance claims at Sadegh Kazemi Insurance Co. has historically been about 1.50​%. This exerc

ise contains only parts​ a, b,​ c, d, and e. ​a) If you wish to use a sample size of 200​, the 3​-sigma control limits are​:
Business
1 answer:
AURORKA [14]3 years ago
7 0

Answer and Explanation:

Data provided in the question

defect rate i.e. \bar p = 1.50%

the sample size = n = 200

Now

S_p = \sqrt{\frac{\bar p (1 - \bar p)}{n} } \\\\= \sqrt{\frac{1.50\% (1 - 1.50\%)}{200} }

= 0.008595057

Now the 3 sigma control limits is

UCL_p = \bar p + 35p

= 0.015 + 3 (0.008595057 )

= 0.04078517

LCL_p = \bar p - 35p

= 0.015 - 3 (0.008595057 )

= 0

hence, the 3 sigma control limits are UCL 0.04078517 and LCL 0 respectively

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Vitek1552 [10]

Answer:

$126,000

Explanation:

Given:

Total outstanding stocks = 600,000

Price per share of common stock = $2

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Interest rate = 8%

Stock Value = $5

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Total Amount of preferred stock = Principle × Rate × Time

or

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Since,

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Hence,

the total amount distributed i.e $126,000 will be received by the preferred stockholders

6 0
3 years ago
On March 31, 2021, Chow Brothers, Inc., bought 8% of KT Manufacturing’s capital stock for $51.5 million. KT’s net income for the
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Answer and Explanation:

a. The Journal entries are shown below:-

Investment - Capital stock Dr, $51.5 million

         To Cash $51.5 million

(Being investment is recorded)

Unrealized holding gain or loss Dr, $15.5 million ($51.5 - $36.0)

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(Being fair value adjustment is recorded)

b. Unrealized holding gain or loss Dr, $5.5 million ($51.5 - $30.5 - $15.5)

        To Fair value adjustment $5.5 million

(Being fair value adjustment before sale is recorded)

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(Being sale of investment is recorded)

4 0
3 years ago
Gabrielle does not want to work a nine-to-five job. Still, she has to work to support herself. She accepts a job as a restaurant
iren2701 [21]

Answer:

<em>Gabrielle's economic decisions best relate to broad economic goals by still having a job during the evening and still pursuing on doing artistic projects..</em>

7 0
2 years ago
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Answer:

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<u>Explanation:</u>

Let's be mindful that turnover here refers to <em>revenue</em>, while receivables​  refer to<em> amounts owed to the company</em>.  So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables​ quickly implying there are some concerns (imbalances) from these ratios.

Therefore, the managers of Tyler Toys or the​ shareholders need to work out a solution.

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bija089 [108]

Answer:

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Based on the information provided within the question it can be said that in this scenario Yummy Snacks is most likely involved in International Trade. This refers to exchanging goods or services across international borders throughout various countries, either exporting or importing. Which is what Yummy Snacks is doing by exporting their product to consumers in various Latin American Countries in exchange for money.

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