1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lidiya [134]
3 years ago
5

Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000

for the property. Using a simulation of 1000 trials, what is the estimate of the probability Strassel will be able to obtain the property using a bid of $120000? Round your answer to 1 decimal place. Enter your answer as a percent.
Business
1 answer:
Klio2033 [76]3 years ago
8 0

Answer:

20%

Explanation:

Simulation is imitation of a situation that represents its operations overtime. Simulation is used for performance tuning. The use of simulation in business is gaining significance. Simulation is used to analyze current situation and predict future. Strassel is using 1000 trials for a bid of $120,000. The estimated probability that Strassel will get the property at a bid of $120,000 is 20%.

You might be interested in
Which of the following is true of cellphone communication?​ ​It is free from policies and legal restrictions. ​It is cost-effect
Yuki888 [10]

Answer: Statement B and D

Explanation:

Option A : cellphone communication companies and the respective authorities of the countries in which they operate have their own legal restrictions and policies regarding cellphone communication.

Option C : Mobile tapping and on call recording crimes are common these days so cellphones cannot be considered completely confidential and not prone to misuse .

8 0
3 years ago
Funds acquired by the firm through retaining earnings have no cost because there are no dividend or interest payments associated
kow [346]

Answer:

False

Explanation:

Retained earnings have no flotation costs, but have opportunity costs. For example, if companies distribute the earnings to shareholders, shareholders can invest the funds in alternative sources for returns.

8 0
3 years ago
Read 2 more answers
According to an article in the Wall Street Journal​, KB Home and other builders found demand for new houses increasing in 2017 a
Nadusha1986 [10]

Answer:

Generally speaking, demographic growth can affect the economy quite a lot, but the economy has a very little effect on demographic growth. E.g. the baby boomers were great for the economy during several decades, but there is no clear relationship between population growth and economic activity.

This means that companies like home builders whose demand depends on other factors besides the economy, will be less affected by economic recessions or expansions. E.g. the demographic growth in America was around 0.7% during 2019 and the economy was growing that year.

Actually, the US population has been declining over the last decades. The real growth factor in population has been immigration in the last decades, and that has also been declining lately.

7 0
3 years ago
Being financially responsible is no easy task for any age, but it is certainly the best choice for everyone to follow. One of th
tensa zangetsu [6.8K]

Answer:

Jesus christ

Explanation:

That was the longest prompt ive ever read

8 0
2 years ago
Read 2 more answers
Tools used to help foreign policy goals
Inessa05 [86]

The foreign policy actually used are largely dependent on a nation's foreign policy agenda.


1) Foreign Aid

2) Sanctions

3) Diplomacy


I hope that's help :0

8 0
3 years ago
Other questions:
  • Why did laborers sign contracts with an x?
    12·1 answer
  • Quiz week 3 - 401(k) & investing a 6. if a person starts investing $100 per month starting at age 21, and that money earns a
    12·2 answers
  • Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million. How much m
    14·1 answer
  • A business that incorporates must file a document with the state, which includes a description of the business activities, the s
    8·1 answer
  • Legazint, a law firm, organizes its staff into departments based on the type of clients the department deals with. These departm
    13·1 answer
  • Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her suit knowingly failed to disclose information
    7·1 answer
  • During a conference call with the corporate office, you are told by a senior executive that you will be going abroad in the next
    11·1 answer
  • You contract to purchase 100 widgets at $100 each. The supplier backs out of the contract. If you are able to purchase, on the o
    10·1 answer
  • 2) Consider the taxi market, a constant cost competitive industry. To operate a taxi an entrepreneur needs a license. Show graph
    10·1 answer
  • Monopoly output is _____ the corresponding output for perfectly competitive industries. Please choose the correct answer from th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!