To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq
= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43
= 7.43</span>
Answer:
find ways to develop strong relationships with and engage the entire workforce.
Explanation:
People are going to be different. The focus of managers should be to find ways to develop strong relationships with and engage the entire workforce.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
There are various things that could be bought or sold by an auction such as Collectibles and art, antiques, real estate sporting goods etc.
There are several ways to conduct an auction, but the first-price auction and second-price sealed-bid auctions are the most common. In first-price auctions, the person whose bid is highest than the base offer will win the auction. The highest bidder in a sealed-bid auction with a second price pays for the second-highest bid. If there are several bidders on a piece of real estate, for instance, the property will go to the highest bidder, but in this situation, the highest bidder will only have to pay the price of the second-highest bid.
The cost-benefit analysis indicates that auctions will aid in the sale of the rare products at a price over its minimum worth, based on the cost-benefit analysis. The best profit will therefore be made in this situation, but the consumer surplus is still positive.
Learn more about auction here:
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Answer:
b. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.
. Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64.
Explanation:
Free riding is when a person enjoys the benefit of a good or service but doesn't pay for it. This is a form of market failure.
Bob listens to the radio but doesn't donate and Jim would benefit from the grade given to the group but doesn't participate. These are instances of free riding.
Karl doesn't drive at night and so doesn't enjoy the benefits of the street light and doesn't pay. This is not an instance of free riding.
I hope my answer helps
