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o-na [289]
3 years ago
8

American energy review reported that 27% of american households burn wood. if a random sample of 500 american households is sele

cted find the mean, variance, and standard deviation of the number of households that burn wood.
Business
1 answer:
Juli2301 [7.4K]3 years ago
4 0

This is binomial distribution problem. <span>
We are given that:</span>

n = sample size = 500

p = proportion which burns wood = 0.27,

q = proportion which does not burn wood = 1-p = 0.73 

<span>
A. Mean is calculated as:</span>

Mean = n*p

Mean = 500 * 0.27

Mean = 135 

<span>
B. Variance is calculated as:</span>

Variance = n*p*q

Variance = 500*0.27*0.73

Variance = 98.55 

<span>
C. Standard deviation is calculated as:</span>

Standard deviation = sqrt(variance)

Standard deviation = sqrt(98.55)

<span>Standard deviation = 9.93</span>

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What is the total amount of cash dividends paid to common stockholders for the years ended (a) September 30, 2017, and (b) Septe
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Answer:

Note: Missing question but the full question is attached as picture below

The Cash dividends paid to common stockholders can be obtained the financing activities section of the Consolidated statement of cash flows tagged (Payments of dividends and dividends equivalents)

                            Cash dividend paid

Common stock issued and outstanding             Cash dividends

(a) September 30, 2017                                        $12,769,000,000

(b) September 24, 2016                                        $12,150,000,000

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2 years ago
The following information relates to Wildhorse Co. for the year ended December 31, 2020: net income $1,305 million; unrealized h
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Answer:

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b. The Comprehensive income for 2017 is $1,293.8 million

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Therefore, other comprehensive income is (-$11.2) million.

b. In order to calculate the Comprehensive income for 2017 we would have to use the following formula:

Comprehensive income=Net income−Unrealised holding loss

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c.  In ordert to Calculate the accumulated other comprehensive income we would have to use the following formula:

Accumulated  comprehensive  income = Existing income−Unrealised holding loss

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The Accumulated other comprehensive income at December 31, 2017 is $45.2 million

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5 0
3 years ago
Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.
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Answer:

PV= $81,947.83

Explanation:

Giving the following information:

Future value= $95,000

Interest rate= 0.03

Number of periods= 5

To calculate the initial investment required to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

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During its first year of operations, Marigold Corporation had the following transactions pertaining to its common stock. Jan. 10
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Answer:

Journalize the transactions is given below

Explanation:

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Issued =  66,500 shares

cash = $6 per share

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solution

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and we assuming that the common stock has a par value of $6 per share

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