This is binomial
distribution problem. <span>
We are given that:</span>
n = sample size = 500
p = proportion which
burns wood = 0.27,
q = proportion which
does not burn wood = 1-p = 0.73
<span>
A. Mean is calculated as:</span>
Mean = n*p
Mean = 500 * 0.27
Mean = 135
<span>
B. Variance is calculated as:</span>
Variance = n*p*q
Variance = 500*0.27*0.73
Variance = 98.55
<span>
C. Standard deviation is calculated as:</span>
Standard deviation = sqrt(variance)
Standard deviation =
sqrt(98.55)
<span>Standard deviation =
9.93</span>
Answer: C. in market equilibrium there are no unconsummated wealth-creating transactions
Explanation:Market equilibrium is a term in Macroeconomics used to describe the price at which the Quantity of goods demanded is equal to the Quantity of goods supplied.
Wealth-creating transactions are money making transactions, these transactions are those that takes place and are paid for.
IN A MARKET EQUILIBRIUM THE QUANTITY OF GOODS DEMANDED IS EQUAL TO THE QUANTITY OF GOODS SUPPLIED MAKING THE ECONOMY TO HAVE NO UNCONSUMMATED WEALTH-CREATING TRANSACTIONS.
Answer:
<em>a) Trade can make everyone better off </em>
Explanation:
In business, it is common to see trades. If the startup agrees to maintain an accounting firm's website in EXCHANGE for the tax returns, that is called trading since you are giving one thing for another.
Hope this helps! :)
Answer:
7.89%
Explanation:
We can find the IRR of Project A and Project B is 9% and 8% respectively
(please see the calculation in excel in attachment)
So if the interest rate below 8% then Project A is more profitable than project B.
You can find NPV of each project follow the decrease in interest rate in the excel attached.
Answer:
$10.49
Explanation:
The computation of the net asset value of the fund is shown below:
= (Market value of the assets - market value of the liabilities) ÷ number of oustanding shares
where,
Market value of assets is
= (200,000 × $35) + (300,000 × $40) + (400,000 × 20) + (600,000 × 25)
= $42,000,000
So, the net asset value of the fund is
= ($42,000,000 - $30,000) ÷ (4,000,000)
= $10.49
