All categories

3 years ago

QUESTION THREE.

Business

1 answer:

lapo4ka [179]3 years ago

8 0

Answer:

We can first order the data from smallest value to largest value:

461

549

745

1500

1800

2000

3750

4795

68000

a) The mean is 9289, and the median is 1800

b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.

c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.

You might be interested in

The main reason that firms outsource is that: low-wage workers in other countries are more productive than are u.s. workers. hir

djyliett [7]

Productive than are u.s. workers. hiring low-wage workers reduces

6 0

3 years ago

Desert Trading Company has issued $100 million worth of long-term bonds at a fixed rate of 8%. The firm then enters into an inte

Sati [7]

Answer:

Explanation:

the firm’s effective interest rate on its borrowing= %paid in form of LIBOR+ % at which bond was issued- % of fixed received.

=5%+ 8%- 6%

=7%

5 0

3 years ago

A plant is proposing to install a combined heat and power system to supply electrical power and process steam. Power is currentl

Degger [83]

Answer:

Cumulative net present value of the project is:

= $33.5 million.

The discounted cash flow rate of return is:

= 26%

Explanation:

a) Data and Calculations:

The capital cost of the combined heat and power system = $23 million

Expected net savings per year = $10 million

Project period = 10 years

Discount rate = 12%

Annuity PV factor for 10 years at 12% = 5.650

Total PV of the cash flows = $56.5 million (5.650 * $10 million)

NPV of the project = $33.5 million

Annualized NPV = $33.5 million/5.650

= $5,929,204

Discounted cash flow rate of return = Annualized NPV/Investment * 100

= $5,929,204/$23,000,000 * 100 = 26%

6 0

3 years ago

Paul began his speech as follows: They called Lou Gehrig the iron horse. The tireless worker played an astounding 2,130 consecut

Tatiana [17]

Answer:

relating the topic to the audience

Explanation:

Based on the scenario being described within the question it can be said that to gain attention and interest Paul related the topic to the audience. Paul did this by comparing Lou Gehrig to the audiences daily lives at school. By doing this it is catching the audiences attention which in term causes them to be interested in the rest of the speech that Paul is giving.

7 0

3 years ago

Social surplus is the ____________. A. total value from trade in a markettotal value from trade in a market. B. difference betw

shepuryov [24]

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>

<em />

Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.

4 0

3 years ago