If i am correct then the answer should be true letter b.)
Answer:
The Capability Index for this process is 1.04. The right answer is B
Explanation:
According to the given data we have the following:
μ = 31 Seconds
USL = 45
LSL = 10
Standard deviation σ= 4.5
Therefore, in order to calculate the Capability Index for this process we would have to use the following formula:
Cpk=Min<u>(
USL-μ</u> , <u>μ-
LSL</u>)
3×σ 3×σ
Cpk=Min<u>(
45-31</u> , 31<u>-
10</u>)
3×4.5 3×4.5
Cpk = Min ( 1.04,1.56) = 1.04
The Capability Index for this process is 1.04
Answer:
0.2840 or 28.40%
Explanation:
The formula for EAR= (1 + i/n)^n - 1
Where i= stated interest rate
n= number of compounding periods
In this case since the interest he paid is 1 cent, to convert it into percentage, we divide it by the dollar and multiply by 100
Note: 100 cent = 1 dollar
Therefore 4 dollars= 400 cents
To get the Interest rates= 1/400 x 100
= 0.25
n= 365 since we are computing daily
(1 + 0.25/365)^365 - 1
(1 + 0.000685)^365 - 1
(1.000685)^365 - 1
1.2840 - 1
0.2840 or 28.40%.
Answer:
The correct answer is the letter b. This is a common occurrence. The policymaker usually disregards an economist's advice because they do not believe it is the most efficient policy.
Explanation:
It is common for policymakers to disregard the advice of an economist. This is because in addition to their often finding that the policies suggested by economists are not the most efficient, they observe the political return of such action, ie not just efficiency, but the extent to which this policy will bring political benefits. Thus, as in this case, the policy is not implemented because it is not popular with voters.
Answer:
Market value
Explanation:
The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.
In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.
Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.