XYZ Corp. has filled 100,000 purchase orders during its existence. 1,100 of the purchase orders have had errors. Using an empiri
cal probability, the probability of the next purchase order having an error is
1 answer:
Answer:
1.1%
Explanation:
Calculation to determine what the probability of the next purchase order having an error is using
an empirical probability
Using this formula
Probability=Purchase orders errors/Purchase orders filled
Let plug in the formula
Probability=1100/100000
Probability=0.011*100
Probability=1.1%
Therefore using an empirical probability the probability of the next purchase order having an error is 1.1%
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Answer: option B
Explanation:
in A) budget deficit = G+Tr - T
= 30+20-40
= 10
In B) private saving , Y-C-T = 60
Y = C+G+I
So, C+G+I-C-T = 60
G-T = 60-40 = 20
Budget deficit= 20, HIGHEST
In C) Y = C+G+I+Tr - T
300 = 180+G+ 90 + 20-60
G = 70
So budget deficit= G-T
= 70-60
= 10
Answer:
the answer is A. 20
Explanation:
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