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tekilochka [14]
3 years ago
11

Refer to the data. Assuming the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check clea

red against it for that amount, its reserves and checkable deposits will now be:
Business
1 answer:
Pavel [41]3 years ago
7 0

Answer: $22,000 and $105,000 respectively.

Explanation:

When the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be respectively $22,000 & $105,000.

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"In a mid-size company, the distribution of the number of phone calls answered each day by each of the 12 receptionists is bell-
viva [34]

Answer:

z= \frac{51-37}{7}=2

z= \frac{23-37}{7}=-2

So then as we can see we want the probability that the values would be within 2 deviations from the mean. And from the empirical rule we know that within two deviation from the mean we have at least 95% of the data.

So then we can answer this question like this:

P(23

Or 95%

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The empirical rule, also referred to as the three-sigma rule or 68-95-99.7 rule, is a statistical rule which states that for a normal distribution, almost all data falls within three standard deviations (denoted by σ) of the mean (denoted by µ). Broken down, the empirical rule shows that 68% falls within the first standard deviation (µ ± σ), 95% within the first two standard deviations (µ ± 2σ), and 99.7% within the first three standard deviations (µ ± 3σ).

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

For this case we know that the the random variable X represent the number of phone calls answered by each of the 12 receptionists is bell shaped with a mean \mu = 37 and a standard deviation of \sigma = 7.

And for this case we want to find this probability:

P(23

And the best way to solve this is using the z score formula given by:

z = \frac{x-\mu}{\sigma}

Because the z score quantifies how many deviation we are from the mean.

For the value fo 51 we have this:

z= \frac{51-37}{7}=2

And for the 23 we got:

z= \frac{23-37}{7}=-2

So then as we can see we want the probability that the values would be within 2 deviations from the mean. And from the empirical rule we know that within two deviation from the mean we have at least 95% of the data.

So then we can answer this question like this:

P(23

Or 95%

5 0
3 years ago
Fiscal policy is more effective in affecting economic activity if: ___________.
ch4aika [34]

Answer:

b) there is a real shock instead of an aggregate demand shock.

Explanation:

Fiscal policy is the process of influencing economic activities by way of taxation and government spending.

Fiscal policy is most effective in dealing with deep recession or an economic situation characterised by a consistent fall in gross domestic product(GDP) for over two quarters.

4 0
3 years ago
Shawn has asked you for some advice regarding the use of social networking in the workplace. Which of the following is good advi
Nana76 [90]

Answer:

Establish boundaries, and don't share information online that you wouldn't share openly in the office.

Explanation:

Shawn is looking for advice on the use of social networking in the workplace, the best advice is to establish boundaries, and don't share information online that you wouldn't share openly in the office.

Establishing boundaries means that personal information that is sensitive should not be shared using this channel, as it can be seen to be unprofessional in the workplace.

Sharing of information should be with a professional mind set, one should not assume that content is protected on social media. So only post what you can openly share in the office, and avoid controversial topics that can put one in a bad light in the office.

7 0
3 years ago
David has purchased an investment that he expects to produce an annual cash flow of​ $3,000 for five years. He requires an​ 8% r
Inessa05 [86]

Answer:

Explanation:

In order to find the highest amount david can pay or in other words the present value of the investment we would have to discount the cash flows

3000/1.08+3000/1.08^2+3000/1.08^3+3000/1.08^4+3000/1.08^5=11,978

8 0
4 years ago
When Joe's Chicken Shack wants chicken delivered in smaller batches more frequently, it offers its distributors an incentive in
leva [86]

Answer:

Reward

Explanation:

Reward power is the form or type of power, which is described as the use of the rewards so that he employee to follow the instruction given by the supervisor or manager and with the power coming from one ability to withhold the reward for the non- compliance.

This power could be performed through providing the promotion, raises, extra time off from work and bonuses. And its example, the supervisor provide employee bonus if meet the goal set for the project.

So, in this case, Joe wants that the chicken to be delivered in small batches and for that he offered special bonus. Therefore, it states the reward power.

4 0
4 years ago
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