The correct answer is: business cycle
The correct answer is Demography
Zimmer-Centerpulse is the world’s largest producer of replacement hips and knees for orthopedic surgery. It is particularly interested in marketing in the southwestern United States, where a large aging population lives.
The demography most directly explains its continued growth.
Answer: A.) INFLATION
Explanation: prices of goods and services are usually prone to change and fluctuation from time to time. The change usually associated with inflation is an increase in price of commodities within a certain period of time. In other to adequately measure inflation, the change in prices of certain economic commodities are compared over an equal time interval either monthly, quarterly or yearly basis as the case may be.
It is calculated as the ratio of the difference between the price of goods between the base and current period to the price at the base period expressed as a percentage. Fall or decline in prices of goods and services is usually called deflation
The expected completion time of a project is 40 weeks and the variance of its critical path activities is 9.Project completion time is 42.0325 weeks.
Variance of its critical path activity 9 weeks.
Therefore, Standard deviation of its critical path activity = Square root ( variance) = Square root (9) = 3
Project completion time with 5% certainty means probability of project completion - 0./5 Corresponding z value for probability of 0.75 = NORMSINV ( 0.75) = 0.6745
Therefore, project completion time with 75% certainty = Expected completion time of the project .
Value x Standard deviation of critical path activity = 40 weeks * 0.6745 x 3 weeks = 40-2.0235 = 42.0325 weeks
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