First, simplify 3/12 into 1/4 find the least common denominator which is 20
then, 18/20 by 5/20 will equal 13/20.
Answer:
Kevin should attend the career development course because the expected value of attending the career development course is greater than the expected value of not attending the career development course.
Step-by-step explanation:
If the consulting company claims that if job seekers attend the company's career development course their chance of obtaining a job is greatly increased is true then Kevin's chance of getting a job over the next year which is 76% will greatly increase.
The average salary in Kevin's desired profession is $61,207.11 if he attends the company career development course then there would be an increase of $7, 295.00. To sum, Kevin is expected to receive an annual salary of $68, 502.11. The cost of the course is only $2,763.00. If we subtract the cost from his annual salary: $68,502.11 - 2763 = $65, 739.11, there would be an increase on his salary. So, Kevin should attend the career development course because the expected value of attending the career development course is greater than the expected value of not attending the career development course.
As age increases, the value decreases. Older = less valuable
Value = k x 1/age
$3,000 = k x 1/6
To find k, use $3,000 = k/2
k = $6,000
Substitute $6,000 for k
$3,000 = $6,000 x 1/6 = $1,000
Answer: P = 36.11111
Step-by-step explanation:
Formula: P = I / (RT)
65 / (.02*9)
(.02 is the decimal form of 2%)
65 / 1.8 = 36.111111111
P = 36.111111 (Unsimplified answer)
Correct me if it is incorrect.
