Answer:
a.
<u>Differential analysis on whether to continue or discontinue Product Tango</u>
Continue Discontinue
Sales $195,200 $0
Less Variable Costs :
Cost of Goods Sold ($115,600) $0
Selling Expenses ($33,000) $0
Less Fixed Costs :
Fixed Costs ($58,300) ($58,300)
Net Income/ (Loss) ($12,300) ($58,300)
b
Continue with Product Tango. Because it brings a contribution towards the Fixed Costs helping to achieve a smaller loss margin.
Explanation:
From the differential analysis, Fixed costs will remain the same whether the product is discontinued or not. This is because they are centrally controlled. Only the variable costs would change.
The standard deviation should decrease because there is now a lower probability of the more extreme outcomes. The expected rate of return on the auto stock is now
<h3>How is the variance calculated?</h3>
[0.3 × (–8%)] + [.4 × 5%] + [.3 × 18\%] = 5%[.3×(–8%)]+[.4×5%]+[.3×18%] = 5%
The variance is
[.3× (–8 – 5
] + [.4× (5 – 5] + [.3×(18 – 5] = 101.4
The standard deviation is √101.4 = 10.07 percent, which is lower than the value assuming equal probabilities of each scenario.
To learn more about variance, refer
https://brainly.ph/question/13423233
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Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
It can be C because it's accepting the risk to do it
But it can also be B because it's sharing the risk with everyone else
Answer:
The combo box includes a drop-down menu
Explanation:
A combo box contains a text box field, so choices not on the list can be typed in. The exception is when the DropDownStyle property is set to DropDownList. In that case, the control will select an item if you type its first letter. In addition, combo boxes save space on a form
