Answer:
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
Explanation:
Given:
Average bottleneck 1 hour = 0.5
Find:
Probability (at least one bottle neck occurs during 8 hours of operation)
Computation:
Expected events in 8 hour = 8(0.5)
Expected events in 8 hour = 4
Probability (at least one bottle neck occurs during 8 hours of operation) = p(X≥1)
Probability (at least one bottle neck occurs during 8 hours of operation) = 1-p(X=0)
Probability (at least one bottle neck occurs during 8 hours of operation) =1-exp(-4)[4⁰]/0!
Probability (at least one bottle neck occurs during 8 hours of operation) =1-0.0183
Probability (at least one bottle neck occurs during 8 hours of operation)
= 0.9817
Answer: Actual state
Explanation: In simple words, The actual state refers to the way in which a rational consumer actually satisfies his or her needs and wants.
In the given case, Bessie is sure that she has the same product left at home however she does not have any proof. Bessie decides to not purchase the good she already has one, thus, despite of not having a proof she decides to satisfy her wants by not purchasing the bottle.
Hence the correct option is C .
Answer:
Contribution margin = Total sales - Total variable cost
= $580,000 - $360,000
= $220,000
A CVP income statement would report contribution margin of $220,000
The correct answer is D
Explanation:
CVP income statement usually separate variable cost from fixed cost. In this case, there is need to determine contribution margin, which is the excess of total sales over total variable cost.
Answer:
individual he need save = $582.670
Explanation:
given data
time = 20 year
spend = $55,000
interest rate = 7 percent = 0.07
solution
we get here first annuity factor that is express as
annuity factor = .........1
put here value
annuity factor =
annuity factor = 10.59%
and here individual he need save will be
individual he need save = $55,000 × 10.59%
individual he need save = $582.670
There are different types of bank account. A relationship bank account refers to a theoretical accounting of relationships in which positive deposits and negative withdrawals can be made during every interaction you have with that person.
- The Relationship Bank Account (RBA) is similar to a checking account at a bank. In this account, one can deposits and improve the relationship, or they may make withdrawals and weaken it. Relationship often exist here.
If a person open an RBA with another individual, one cannot close it. Bank relationship balance is simply known to be the total assets that a Customer holds with the Bank, even if it is only one person or jointly owned by the Customer.
Learn more about relationship bank account from
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