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
galben [10]
3 years ago
8

A company employs 400 salespeople. Of these, 83 received a bonus last year, 100 attended a special sales training program at the

beginning of last year, and 42 both attended the special sales training program and received a bonus. (Note: the bonus was based totally on sales performance.) a) What proportion of the 400 salespeople received a bonus last year? b) What proportion of the 400 salespeople attended the special sales training program at the beginning of last year? c) What proportion of the 400 salespeople both attended the special sales training program and received a bonus? d) What proportion of the salespeople who attended the special sales training program received a bonus? e) Based on your answers to parts a and d, does the special sales training program seem to have been effective? Explain your answer.
Business
1 answer:
Delicious77 [7]3 years ago
6 0

Answer:

A) 83/400= 0,2075

B) 100/400=0,25

C) 42/400= 0,105

D) 42/100= 0,42

E) The special training program was effective.

Explanation:

Total population= 400 salespeople

Received a bonus last year= 83 salespeople

Attended a special sales training program= 100 salespeople

Both attended sales training and received a bonus= 42 salespeople

a) You need to calculate the number of salespeople that receive a bonus over total population

83/400= 0,2075 The proportion of salespeople that receive a bonus is 0,2075

b) You need to calculate the number of salespeople that attended a special program over total population

100/400= 0,25 The proportion of salespeople that attended a special program is 0,35

c) 42/400= 0,105  The proportion of salespeople that receive a bonus and attended a special program is  0,105

d) You need to calculate the proportion of people that having attended received a bonus.

42/100= 0,42  The proportion of salespeople that receive a bonus having attended a special program is  0,42

e) The special training program was effective. The proportion of people that receive a bonus over the total population that didn't attend the program (41/300=0,14) is inferior to the proportion of salespeople that attend the program and receive a bonus. Meaning that there are more chances of receiving a bonus taking a training program.

You might be interested in
Your firm is thinking about investing ​$200 comma 000200,000 in the overhaul of a manufacturing cell in a lean environment. Reve
Zepler [3.9K]

Answer:

EAW = -$17,545.71

Explanation:

initial investment = $200,000

cash inflows;

  • Year 1 = $33,000
  • Year 2 = $44,000
  • Year 3 = $55,000
  • Year 4 = $66,000
  • Year 5 = $77,000
  • Year 6 = $88,000
  • Year 7 = $99,000
  • Year 8 = $110,000
  • Year 9 = $132,000

cash outflows:

  • Year 1 = $20,000
  • Year 2 = $30,000
  • Year 3 = $40,000
  • Year 4 = $50,000
  • Year 5 = $60,000
  • Year 6 = $70,000
  • Year 7 = $80,000
  • Year 8 = $90,000
  • Year 9 = $100,000

EAW = equivalent annual worth = equivalent annual benefits - equivalent annual costs

to determine the EAB we must first find the PV of the cash inflows using a financial calculator = $408,348.84

EAB = (PV x r) / [1 - (1 + r)⁻ⁿ] = ($408,348.84 x 10%) / [1 - (1 + 10%)⁻⁹] = $70,905.91

to determine the EAC we must first find the PV of the cash outflows (including initial outlay) using a financial calculator = $509,395

EAC = (PV x r) / [1 - (1 + r)⁻ⁿ] = ($509,395 x 10%) / [1 - (1 + 10%)⁻⁹] = $88,451.62

EAW = $70,905.91 - $88,451.62 = -$17,545.71

5 0
3 years ago
If the price elasticity of demand coefficient is 4, then:a. a price increase of 1% will reduce quantity demanded by 1/4%b. A pri
andrew11 [14]

Answer:

A price increase of 1% will reduce quantity demanded by 4%

Explanation:

If the price elasticity is 4 then, this demand is highly responsive to changes in price.

So it will decrease by more than the price increase.

we must remember that the price-elasticity is determinate  like:

↓QD / ΔP   = price-elasticity

if the cofficient is 4 then a 1% increase in price:

↓QD / 0.01 = 4

↓QD = 0.04

Quantity demanded will decrease by 4%

5 0
3 years ago
Automated retailing occurs when a consumer goes into a store to learn about different brands and products and then searches the
Grace [21]

Answer:

False

Explanation:

The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.

On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.

An example is a soda vending machine.

5 0
3 years ago
When originally purchased, a truck costing BD 23.000 had an estimated useful life of 8 years and an estimated salvage value of B
GREYUIT [131]

Answer:

d. BD 2,500

Explanation:

Accumulated Depreciation through the end of year 4 = [ Asset's cost - Salvage Value) / Estimated Useful Life] * Years Elapsed

= [(23,000 - 3,000)/8] * 4

= BD 10,000

Depreciation in Year 3 = [Asset's cost - Salvage Value - Accumulated Depreciation] / Remaining Estimated Useful Life

Depreciation in Year 3 = [23,000 - 3,000 - 10,000] / 4

Depreciation in Year 3 = 10,000 / 4

Depreciation in Year 3 = BD 2,500

6 0
3 years ago
the audit expectation gap is caused by unrealistic user expectations. what example would not be included in an unrealistic user
Tomtit [17]

The audit expectation gap is caused by unrealistic user expectations. The auditors provides reasonable gap examples that would not be included in unrealistic user expectations.

NASBA believes the expectancy gap relating to fraud and going problems in a financial statement audit may be caused by a few factors: lack of knowledge by way of the general public as to what an audit is and what auditors do; inconsistent audit execution in these regions by some auditors due to lack of expertise.

The expectation hole exists while auditors and the public keep distinct beliefs about the auditors' obligations and obligations and the messages conveyed by way of audit reports. apparently, there's an opening between what the public expects and what it virtually receives.

Learn more about auditors here: brainly.com/question/26048609

#SPJ4

3 0
2 years ago
Other questions:
  • Victor works for a company that highly values performance-oriented traits, such as achieving a certain level of sales and increa
    15·1 answer
  • The hawthorne studies found that employees in the experimental group:
    13·1 answer
  • During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te
    11·1 answer
  • Kristen and Harrison are equal partners in the KH Partnership. The partners formed the partnership five years ago by contributin
    15·1 answer
  • Find a job posting you would be interested in applying for. Write a list of 10 questions you believe an interviewer might ask. W
    10·2 answers
  • Kasey changes jobs on a regular basis. She does this to secure better career growth opportunities and to decrease boredom. Kasey
    15·1 answer
  • Adding a new product line to an existing portfolio means that the line has​ __________________. A. increased product support ser
    8·1 answer
  • The total payroll of Trolley Company for the month of October, 2014 was $800,000, of which $150,000 represented amounts paid in
    9·1 answer
  • Ace Credit Card Company agrees to transfer cash to Seller Company deposit of that company's credit card sales sales. If Seller C
    9·1 answer
  • Colfax Corporation's financial statements for the current year include the following: Income from continuing operations before t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!