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
Elodia [21]
3 years ago
8

A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability th

at the sample proportion will be between 0.9115 and 0.946 is
a. 0.8633

b. 0.6900

c. 0.0819

d. 0.0345
Business
1 answer:
3241004551 [841]3 years ago
8 0

Answer:

c. 0.0819

Explanation:

The mean = 0.85

standard error of the proportion is:     sp = sqrt(pq/n)

= sqrt ((.85)(0.15) / 51) = 0.05

P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )

= P(1.23 < z < 1.92)

= P(z < 1.92) - P(z < 1.23) = 0.0819

You might be interested in
Suppose a statistical study finds that the demand for Brand X automobile tires is Q​ = 800 minus−​5P, where Q is the number of B
tiny-mole [99]

Answer:

This is a correct equation for Brand X tire demand.

Explanation:

We can be sure that this is an accurate equation for demand by cheking if the slope is negative as the demand decrease when the price increase

Q= 800 - 5P

dQ/dP = -5

the slope is negative the quantity decreases as price increases so this is a demand equation.

6 0
3 years ago
There are four basic principles of finance. Which principle correctly describes the following​ statement: ​ "A dollar today is w
Mekhanik [1.2K]

Answer:

Time value of money

Explanation:

The ability of money kept in a savings deposit to earn interest over time and the increase in the total interest in line with the length of time, brought us to a conclusion that <em>an amount of money to be received now, that is in the present, is worth more than the same amount if received in the future.</em>

The increase in the value of money as a result of interest earned on it, increases the value of money, this concept is what is referred to time value of money.

8 0
4 years ago
g The discount rate assigned to an individual project should be based on: C) an average of the company's overall cost of capital
melomori [17]

Answer:

E) the risks associated with the use of the funds required by the project.

Explanation:

Discount rate for an individual project should be based on the riskiness of the project.

Using the company's overall weighted average cost of capital might lead to misleading estimates because the project might be more or less risky than the overall firm

5 0
3 years ago
Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 150 employees and occupies 44,000
Sedaia [141]

Answer:

A) $48,000

Explanation:

Assembly                                   Painting                             Total

150 employees                          100 employees                 250 employees

44,000 square feet                   36,000 square feet          80,000 sq. feet

Administration expenses                                                     $80,000

= 150 x $320 = $48,000           = 100 x $320 = $32,000

Maintenance expenses                                                        $100,000

= 44,000 x $1.25 = $55,000    = 36,000 x $1.25 = $45,000

administration expenses = $80,000 allocated based on workers, $80,000 / 250 employees = $320 per employee

maintenance expenses = $100,000 allocated based on square feet, $100,000 / 80,000 sq. feet = $1.25 per sq. feet

7 0
3 years ago
FinCorp’s free cash flow to the firm is reported as $205 million. The firm’s interest expense is $22 million. Assume the tax rat
Monica [59]

Answer:

$2,152.22

Explanation:

Given that,

FinCorp’s free cash flow (FCFF) = $205 million

Firm’s interest expense, i = $22 million

Tax rate, t = 35%

Growth rate, g = 3%

Cost of equity, e = 12%

Net debt of the firm increases by $3 million

Interest expense (Net of tax) = -i × (1 - t)

                                                = -$22 × (1 - 35%)

                                                = -$22 × 0.65

                                                = -$14.3

FCFE = FCFF + Debt + Interest expense (Net of tax)

         = $205 million + $3 - $14.3

         = $193.7

Therefore,

Market value of equity = FCFE ÷ (e - g)

                                      = $193.7 ÷ (0.12 - 0.03)

                                      = $2,152.22

                   

3 0
4 years ago
Other questions:
  • Why do you have to include the opportunity cost of your time when you calculate your profits in your own business
    13·1 answer
  • What courses should i take in college to become a lawyer?
    11·2 answers
  • The biggest factor in determining the price of a mortgage is:
    13·2 answers
  • A benefit of using a debit or credit card instead of cash is that it provides a paper record of a perchase. When might a proof o
    8·2 answers
  • A higher tax rate is more likely to increase tax revenue if the price elasticity of demand is _____ and the price elasticity of
    10·1 answer
  • True or false: An aspect of product performance that is mission-critical, such as safety for an automobile, increases price sens
    5·1 answer
  • Shortly before the fall of the Soviet Union, the economist Gur Ofer of Hebrew University of Jerusalem, wrote this: "Themost outs
    12·1 answer
  • Wage rates are primarily based on the:
    8·2 answers
  • At May 31, 2020, the accounts of Lopez Company show the following.
    7·1 answer
  • task analysis steps may be used to create visual schedules for people to self monitor their own activities
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!