Answer:
0.0139
Explanation:
Given that:
The number of sample (n) = 21
The sample distribution has mean (μ) and a standard deviation of σ/√n
The z score is given as (x - mean)/ standard deviation
x = 94.8 wpm, let us assume that σ = 10 and μ = 90
Therefore: z = (x - μ) / (σ/√n) = (94.8 - 90) / (10/√21) = 2.2
To calculate the probability using Z table:
P(X>94.8) = P(Z>94.8) = 1 - P(Z<94.8) = 1 - 0.9861 = 0.0139
The probability is low that is less than 0.05, the program is more effective than the old one.
Savings account is the answer
Answer:
0.1333
Explanation:
Given that,
Selling price = $5
Variable cost = $3
Annual sales = $20,000
Total sales = $60,000
Contribution margin:
= Selling price - Variable cost
= $5 - $3
= $2
Number of units sold:
= Annual sales ÷ Selling price
= $20,000 ÷ $5
= 4,000 units
Total contribution sales:
= Number of units sold × Contribution margin per unit
= 4,000 units × $2
= $8,000
Weighted contribution:
= Total contribution sales ÷ Total sales
= $8,000 ÷ $60,000
= 0.1333
Some of the advantages of sole proprietorship
1. efficient decision making, by owner only
2. easy to set up, minimal cost, minimal fuss
3. low fixed cost (overhead), could be a home-office
I might have missed others, you could figure them out from the options
Answer:
The answer is: Alais will prevail because of material breach of the contract
Explanation:
Material breach in contract law refers to one party failing to perform under the contract significantly enough so that the aggrieved party has the right to sue for breach of contract.
In this case when Rutherford failed to perform, Alais sustained enough "damage" that enables her to sue Rutherford. She probably was no longer able to finish her job in time.
