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alekssr [168]
4 years ago
12

A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-ste

p interview process. Unfortunately, there are usually more candidates who complete the interview process than the number of new positions that are available. As a result, cumulative GPA is used as a tie-breaker. GPAs for the successful interviewees are Normally distributed with a mean of 3.3 and a standard deviation of 0.4. What proportion of candidates have a GPA under 3.0?
a.0.023
b.0.227
c.0.551
d.0.773
Business
1 answer:
Liula [17]4 years ago
4 0

the answer is d because they really don't

want anyone having under a 3.0

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Calculating deposit needed You put ​$10 comma 000 in an account earning 5​%. After 3 ​years, you make another deposit into the s
Katen [24]

Answer:

Amount deposited at the end of three year will be $4877.8245

Explanation:

We have given principal amount P = $10000

Rate of return = 5 % = 0.05

First take time t = 3 years

So the amount after 3 years

A=P(1+\frac{r}{100})^n=10000\times (1+0.05)^3=$11576.25

Let the amount of deposit after 3 years = x

So total amount of deposit = 11576.25 + x

Amount after 7 years = $20000

So 20000=(11576.25+x)(1+0.05)^4

20000=(11576.25+x)\times 1.2155

20000=14071+1.2155x

x=$4877.8245

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4 years ago
In what order are college degrees earned
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This is the order in which tertiary level degrees are given

8 0
3 years ago
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Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $195,000, with equal
fredd [130]

Answer: $118,304

Explanation:

Given the following:

End of year cashflow of portfolio is either :

$70000 or $195,000

Probability of either equals = 0.5

With a riskless investment in T-bills of 4% and a risk premium of 8%, then the expected rate of return = 12%

Therefore ;

Amount of portfolio × (1 + expected rate of return) = expected cashflow.

Expected cash flow = probability × end of year cashflow

Expected cashflow = (0.5 × 70000) + (0.5 × 195000)

= 35000 + 97500 = $132500

Therefore ;

Amount of portfolio × (1 + 0.12) = 132500

Amount of portfolio × 1.12 = 132500

Amount of portfolio = 132500/1.12

Amount of portfolio = $118,303. 57

=118,304

5 0
4 years ago
Fred Sweet runs dancing classes for middle-aged and elderly people. Some of Fred's customers lack physical coordination, and inj
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3 0
4 years ago
The wages paid to milkshake makers increases. Does the supply curve for milkshakes shift? If so, does it shift to the right or t
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Answer: The supply curve will shift ot the left if wages paid to milkshake makers increase.

When the wages paid to workers increase, the cost of producing a product also increases.  

If the supplier continues to sell at the price before the wage increase, he will earn less profits than before, so he will not be motivated to produce as many units of the product as he was producing before.

In order to produce as many units as he was producing before the wage increase, he will look achieve the at least the same amount of profit as before. So, he’ll be willing to supply the same quantity of goods only at a higher price per unit. Hence the supply curve will shift to the left.


6 0
3 years ago
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