Answer: The attendant’s expected earn- ings for the period between 4:00 P.M and 5:00 P.M is <u>$12,67.</u>
Explanation: <u>The discrete random variable X</u> represent attendant’s earnings.
The expected value of the discrete random variable X is
<h2>
= E (x) = ∑× f(x)</h2><h2>= 7 × 1/12 + 9 × 1/12 + 11 × 1/4 + 13 × 1/4 + 15 × 1/6 + 17 × 1/6 = <u>12,67.</u></h2><h2><u /></h2>
Answer:
The answer is A.
Explanation:
It is the point where the demand and supply curve intersect
The given statement " When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cost packaging. The company would most likely choose a minimal promotions strategy with few, if any, broad communications " is TRUE.
Explanation:
The marketing mix relates to the series of measures or strategies used by a corporation to sell a commodity or product on the marketplace.
The 4Ps represent a traditional marketing blend, including price ,product ,promotion and place.
- Define the firm's Single Sales Proposal (USP).
- Describe the brand target audience.
- Define in depth the element.
- Develop a product pricing plan.
- Recognise the market location of the product. Specify the advertising techniques you are using for the product.
Answer:
Deal
Explanation:
Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000
The probability of selecting each bad is equal and it is 1/5
Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)
= 0.2 * 1180001
= $236,000.2
0
Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.
Answer:
Your answer is given below:
Explanation:
