1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Wittaler [7]
2 years ago
6

Question 2

Business
1 answer:
mojhsa [17]2 years ago
7 0

Answer:

The answer is below

Explanation:

Probability distribution are statistical function that shows all the possible outcomes of a random variable within a given range of values.

a) The mean (\bar x) of a probability distribution of a discrete random variable is:

\bar x=\Sigma\ [xP(x)] = (0 * 0.8) + (1 * 0.15) + (2 * 0.04) + (3 * 0.01) = 0.26

b) The standard deviation (σ) of a probability distribution of a discrete random variable is:

\sigma=\sqrt{ \Sigma\ [(x-\bar x)^2*P(x)]}\\\\\sigma=\sqrt{(0-0.26)^2*0.8+(1-0.26)^2*0.15+(2-0.26)^2*0.04+(3-0.26)^2*0.01} \\\\\sigma=0.577

You might be interested in
Which of the following is a key document in a typical process-costing system? A. Departmental production report. B. Sequential p
quester [9]

Answer: Option A

     

Explanation: A Departmental Manufacturing cost Report (CPR) indicates all expenses that a division may be paid. Not only is it the origin of detailed journal entries at just the end of this month, but it is also the best effective method to view and dispose of the accrued costs over the month.

A departmental cost report depicts:-

1. Total unit costs out of a previous division moved to it.

2. The division included supplies, staff, and overhead warehouse.

3. The cost per unit of the division included.

4. Average and unit expenses incurred at the bureau's conclusion of activities.

5. Through process inventory levels, the expense of start and finish research.

6. Price moved to a successor division or storage of finished products

8 0
3 years ago
Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the following information, answer the q
ArbitrLikvidat [17]

Answer:

LaKeisha Thompson

a. At the end of four years, the total amount invested is:

= $6,000

b. At the end of four years, the total number of shares purchased is:

= 166.81

c. At the end of four years, the average cost for each share is:

= $35.97.

Explanation:

a) Data and Calculations:

Investments in Oakmark I Fund:

Year            Investment        Price      Number

                      Amount     per share    of share

Feb 2008        $1,500           $40        37.50

Feb 2009          1,500             30        50

Feb 2010           1,500             34        43.60

Feb 2011            1,500             42        35.71

Total               $6,000                        166.81

Average cost per share = $35.97 ($6,000/166.81)

7 0
3 years ago
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for
Rudiy27

Answer:

40 pounds would be the average inventory

Explanation:

Total Order quantity= 80 pounds

Average inventory level = Order quantity / 2

= 80 pounds / 2

= 40 pounds

Hence, 40 pounds would be the average inventory

3 0
3 years ago
Gatson manufacturing company produces 2 types of tires: Economy tire; Premium tire. The manufacturing time and the profit contri
EastWind [94]

Answer:

(a)Let X1 be the number of economy tires and X2 be the number of premium tires.

Objective function:

Maximize Z, where Z = 12X1 + 10X2

Subject to constraints

4X1/3 + X2/2 <= 600

4X1/5 + X2 <= 650

X1/2 + 2X/4 <= 580

X1/5 + X2/3 <= 120

X1, X2 = Z

(b) Check attachment for spreadsheet

(c) The maximum profit that can be obtained is $6032

8 0
3 years ago
Whose attitude is most likely to result in advancement in their career?
zloy xaker [14]

Answer:B.  

Maria has a bachelor’s degree in chemistry. She has recently applied for a graduate program in organic chemistry. She likes to reads articles related to organic chemistry and is a member of an online community of like-minded people.

Explanation:

5 0
3 years ago
Other questions:
  • Summary and reflection ....<br>how can we manage the problem of scarcity ?
    7·2 answers
  • As a PR practitioner, imagine you work for a large corporation that has recently launched a new product that has not lived up to
    11·1 answer
  • An increase in a firm's expected growth rate would cause its required rate of return to a. decrease. b. fluctuate more than befo
    10·1 answer
  • Suppose that the price of a bottle of soda is $1 each. Larry is willingto pay $2 for the first bottle, Alan is willing to pay $1
    11·1 answer
  • Diaz Company issued $180,000 face value of bonds on January 1, 2018. The bonds had a 7 percent stated rate of interest and a fiv
    12·1 answer
  • Tennot Inc. sells used cars. It focuses solely on low-income customers who prefer to buy an old car rather than a new one. There
    5·1 answer
  • Dillon Products manufactures various machined parts to customer specifications. The company uses a job-order costing system and
    6·1 answer
  • Exercise 14-27 (Algorithmic) (LO. 3) On May 9, 2020, Glenna purchases 500 shares of Ignaz Company stock for $14,400. On June 30,
    9·1 answer
  • The political business cycle refers to Group of answer choices the fact that about every four years some politician advocates gr
    14·1 answer
  • 2. Why do many employers fail to adequately socialize or orient their new hires to the organization?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!