Answer:
price below 25: 25.2493%
price above 28: 36.9441%
Explanation:
median = (min + max) / 2 = (18 + 36) / 2 = 27
standard deviation: in a normal distribution all values are among 6 standard deviaiton: (36 - 18) / 6 = 3
We need to convert the values into a normal distribution of (0;1)
<u>Probability of less than 25:</u>
(X - median) / standard deviation = (25 - 27) / 3 = -0.66667
Now, we look into the normal distribution for this value
P(z< -0.6667) = 0.252492538
<u>Probability of more than 28</u>
1 - probability of less than 28
normalization:
(X - median) / standard deviation = (28 - 27) / 3 = 0.33333
1 - P(z<0.33333)
1 - 0.63055866 = 0.36944134
Answer:
Check the explanation
Explanation:
(A)
The decision to be made: Type(s) of graph to plant in order to maximize profit Chance event: Demand for the wine i e week or strong Consequences Expected: Annual Profit Contribution
Decision Alternatives:
Planting C type grapes only
Planting R type grapes only
Planting both types of grapes
Chance outcomes:
•Weak demand for C grapes, weak demand for R grapes
•weak demand for C grapes , strong demand for R grapes
•Strong demand for C grapes, weak demand for R grapes
•Strong demand for C grapes, strong demand for Ft grapes
(B) Kindly check the first attached image below
(C) Kindly check the second attached image below
(D) Kindly check the third attached image below
And the answer to part (E) is to plant both grapes.
Answer:
Fightin' Blue Hens Corporation
Income Statement
For the year ended December 31, 2021
Service Revenue $420,000
Operating expenses:
- Salaries Expense $320,000
- Rent Expense $16,000
- Depreciation Expense $32,000 <u>($368,000)</u>
Operating income $52,000
Other revenues and expenses:
- Interest Expense $4,200 <u> ($4,200)</u>
Net income before taxes $47,800
*The totals of the trial balance sheet were added incorrectly, they both debit and credit total $876,600.
Answer:
b. bureaucratic organization
Explanation:
A bureaucratic organization is characterised by:
1. High organisational hierarchy - the company has many layers of management.
2. A lot of rules
3. Rigidity and high formality
A bureaucratic organisation increases accountability of emoloyees in an organisation. A disadvantage is that it increases time for decisions to be made and employees have less autonomy.
A cross functional organisation is when employees with different functions work together in an organisation.