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Bond [772]
3 years ago
5

An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of 6.

0 non-work-related e-mails per hour. Assume the arrival of these e-mails is approximated by the Poisson distribution.
a. What is the probability Linda Lahey, company president, received exactly 1 email between 4 P.M. and 5 P.M. yesterday?
b. What is the probability she received 5 or more emails during the same period?
c. What is the probability she did not receive any emails during the period?
Business
1 answer:
Tju [1.3M]3 years ago
3 0

Answer:

B.

Explanation:

measure of how many times an event is likely to occur within "X" period of time. the closest answer is letter B. Example if the fastfood had an average of 500 customer every Wednesday what is the probability that 700 customers will come every Wednesday?.

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Guadalupe, Inc. provided $5,000 of services in Year 1 but did not collect cash from its customers until Year 2. Select the corre
Gala2k [10]

Answer:

C. The company will recognize $5000 of revenue in year 1 and $5000 of cash flow from operation in year 2

Explanation:

As, the company is using accrual based accounting, that means that if the services are rendered the company needs to record the revenue regardless of the company is getting cash or not. So, in year 1 the company provided $5000 of services. The company will record $5000 of revenue in its income statement in year 1. But the thing is, company is not getting cash in year 1. Guadalupe is getting cash in year 2. company record the inflow and outflow of cash in cash flow statement when there is actually the cash transaction involved.

Cash inflow in year 2. so, $5000 of cash flow from operation in year 2.

4 0
4 years ago
(Advanced analysis) The accompanying equations are for a mixed open economy. The letters Y, Ca, Ig, Xn, G, and T stand for GDP,
spayn [35]

Answer:

Equilibrium GDP = C+ I+ G+ X

Where:             Y = GDP

                        C = Ca = a+bYd

                         I  = Ig

                        G = G

                        X =  Xn

                     Yd  = Y-T

                        T =  0.2Y

                       Y  =  C+ I+ G+ X

                       Y  = a + bYd + I +G + X

                       Y  = a + b(Y-T) + I +G + X

                       Y  = a + bY - bT + I +G + X

                       Y  = a + by - b(0.2Y) + I +G + X

                       Y  = a + bY - 0.2Yb + I +G + X

                       Y  =  a + 0.8Yb + I +G + X

         Y - 0.8Yb  =  a + I +G + X

         Y(1 - 0.8b) =  a + I +G + X

                        Y = (a + I +G + X)/(1 - 0.8b)

That is the equilibrium GDP is Y = (a + I +G + X)/(1 - 0.8b)

Explanation:

Equilibrium GDP is also called equilibrium level of national income. This is the condition that must prevail for planned expenditure to exactly equals planned income or output in an economy. this is represented by the general equation of Y  =  C+ I+ G+ X-M but for the purpose of this question M which represent import was not introduced.

The consumption function of C = Ca = a+bYd is a Keynesian consumption function, it shows aggregate planned expenditure by household

Ig represents investment expenditure of the firm

Xn represents export while

G represents government expenditure on goods and services

T represents tax which varies with income level

3 0
3 years ago
Describe the obama administration's strategy for holding the may 2009 health care reform meeting with the president and all inte
anzhelika [568]
<span>The Obama administration's line of thinking was likely to afford transparency with regard to healthcare. It is likely that the meeting among representatives from hospitals, the insurance industry, medical device and pharmaceutical companies, labor and physicians at the White House was to discuss major steps being taken to lower health care costs across the board.</span>
3 0
4 years ago
Combust Con Inc. specializes in manufacturing internal combustion engines. Recently, Combust Con has decided to create a divisio
KengaRu [80]

Answer:

The correct answer is letter "D": Ashton should consider preparing new job descriptions since new jobs will be created in the organization.

Explanation:

Whenever a firm engages in new operations and requires new personnel, the Human Resources (HR) department must analyze the profile of the employee that will be needed to determine what type of applicant that will approve. Before that, a clear description of the new workers' duties and skills must be outlined so that at the moment of publishing the offering, the company makes sure they will attract the proper candidates.

Thus, Ashton must get ready the job descriptions of the new workers that will cover the positions fo the new flexible fuel division of the corporation he works for.

6 0
4 years ago
Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan
jolli1 [7]

The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

Statistical inference is the technique of using information analysis to infer houses of an underlying distribution of possibility. Inferential statistical evaluation infers homes of a population, for instance by trying out hypotheses and deriving estimates.

Inferential facts are regularly used to evaluate the differences between the remedy businesses. Inferential facts use measurements from the pattern of topics within the test to evaluate the treatment organizations and make generalizations approximately the bigger population of subjects. inferential statistics are used to decide if there's a good-sized distinction between the method of businesses and the way they're associated. T-tests are used while the facts sets comply with a regular distribution and have unknown variances, just like the records set recorded from flipping a coin one hundred instances.

Learn more about Inferential statistics here:-brainly.com/question/14048601

#SPJ4

4 0
2 years ago
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