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amid [387]
3 years ago
11

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
Business
1 answer:
cluponka [151]3 years ago
5 0

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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A toy manufacturer conducted a survey to estimate the market demand for its specialized wood-based toys in a foreign country. Fo
Troyanec [42]

Answer:

B

Explanation:

7 0
4 years ago
Determine whether the statement is true or false. if f is continuous on [a, b], then d dx b f(x) dx a = f(x).
uysha [10]

The correct answer is option (b) False.

Differentiation:

Differentiation is a technique for determining a function's derivative. Differentiation is a mathematical procedure for determining the instantaneous rate of change of a function depending on one of its variables.

Explanation:

Given:

A statement is given "If f is continuous on

[a,b], then ddx(∫baf(x)dx)=f(x)".

The objective of the question is to determine whether the statement is true or false and why.

It is known that the value of a definite integral of a function is always a constant. So, ∫baf(x)dx

is a constant.

It is also known that the derivative of a constant is always equal to 1. Therefore, the correct equation is ddx(∫baf(x)dx)=1.

Thus, the given statement is false.

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8 0
2 years ago
Norwood, Inc. Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an e
pishuonlain [190]

Answer:

$6

Explanation:

depreciation rate per hour using the units-of-production method = (cost of asset - residual value) / estimated hours of operation

($80,000 - $5,000) / 12,500 = $6

3 0
3 years ago
1. How is real GDP different from GDP? A. Real GDP takes inflation into account. B. GDP takes inflation into account. C. Real GD
Rudik [331]
B. GDP takes inflation into account.
8 0
3 years ago
Read 2 more answers
On March 1, 20X4, Fine Co. borrowed $10,000 and signed a two-year note bearing interest at 12% per annum compounded annually. In
Marrrta [24]

Answer:

$2,320

Explanation:

the interest accrued by February 28, 20X5 = $10,000 x 12% = $1,200

since the interest compounds yearly, the interest accrued by December 31, 20X5 =  ($11,200 x 12% x 10/12) + $1,200 = $1,120 + $1,200 = $2,320

Compound interest means that earned interest will earn more interest itself in the next period. That is why you need to include the previously accrued interest in the interest calculation for the second part.

6 0
3 years ago
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