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
cricket20 [7]
4 years ago
9

In one statistics course, students reported studying an average of 9.92 hours a week, with a standard deviation of 4.54. jessica

is working two jobs and struggles to find time to study, averaging only 3 hours per week. what percent of students are at least as extreme as jessica, in both directions? (round z score to two decimal places.)

Business
1 answer:
marta [7]4 years ago
3 0
Given:
μ = 9.9 hours, population mean
σ = 4.54 hours, population standard deviation

For the random variable x = 3 hours, the z-score is
z = (3 - 9.92)/4.54 = -1.5242

From standard tables, obtain
P(x ≤ 3) = 0.064 = 6.4%


Answer: 6.4% on both tails of the normal distribution

You might be interested in
Choose the correct statement(s) below regarding the transfer of financial assets such as receivables:
liq [111]

Answer:

The answer is letter B.

Explanation:

In a transfer which qualifies as a secured borrowing, the transferor will record a liability for the amount borrowed.

6 0
3 years ago
Ornamental sculptures MFG. manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2
mafiozo [28]

Answer:

Results are below.

Explanation:

Giving the following information:

Each sculpture requires 8 pounds of direct materials for $2 per pound

The company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement.

Beginning inventory= 6,180 pounds

<u>To calculate direct material purchases, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

<u>March:</u>

Purchases= 4,100*8 + (4,700*8)*0.2 - 6,180

Purchases= 34,140 pounds

Direct material busget= 34,140*2= $68,280

<u>April:</u>

Purchases= 4,700*8 + (5,500*8)*0.2 - 7,520

Purchases= 38,880

Direct material budget= 38,880*2= $77,760

8 0
3 years ago
If the required reserve ratio is 10% and the fed conducts an open market purchase of $100, what is the maximum possible change i
PSYCHO15rus [73]

The maximum possible change in the money supply would be $1,000.

<h3>An open market notion is what?</h3>

A system of commerce that is open to free-market activity has few to no restrictions on it. An open market is one that doesn't have any tariffs, taxes, licensing requirements, subsidies, unionization, or other rules or behaviors that obstruct the operation of the free market.

<h3>What do open market operations aim to achieve?</h3>

The goal of open market operations is to alter the reserve balances of American banks and trigger retaliatory changes to the current interest rates. The Fed can boost the amount of money in the country by purchasing securities.

To know more about open market visit:

brainly.com/question/28290429

#SPJ4

3 0
1 year ago
Stoneheart Group is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 perc
shepuryov [24]

Answer:

The stock price is $37.16

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $3.27 / ( 12.2% - 3.4% )

Price = $3.27 / 12.2% - 3.4%

Price = $3.27 / 8.8%

Price = $37.16

7 0
3 years ago
The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of:_____
OlgaM077 [116]

The impact of financial accounting information on investors' and creditors' decisions is closely related to the concept of materiality.  In auditing and accounting, the term "materiality" refers to the importance or "significance" of a sum, a transaction, or a discrepancy.

According to the general accepted accounting principles (GAAP) criterion known as "materiality," all items that are conceivably likely to have an influence on investors' decision-making must be documented or disclosed in full in a company's financial statements. The significance of information in financial accounts of a corporation is referred to as materiality. A transaction or business decision is "material" to the business if it necessitates reporting to investors or other users of the financial statements and cannot be excluded.

#SPJ4

3 0
2 years ago
Other questions:
  • Princeton Company acquired 75 percent of the common stock of Sheffield Corporation on December 31, 20X9. On the date of acquisit
    10·1 answer
  • The demand for health care in industrially advanced economies is highly elastic:
    12·2 answers
  • Transaction processing systems are most commonly encountered at the senior management level of an organization.
    8·1 answer
  • Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the produ
    7·1 answer
  • Suppose the market for smoothies is supplied by 11 competitors. Their respective market shares are 40%, 20%, 10%, 5%, 5%, 5%, 4%
    15·1 answer
  • In this exercise, decisions will be made in ethically ambiguous situations and then analyzed. As in the real world, all the back
    8·1 answer
  • Elk, a C corporation, has $370,000 operating income and $290,000 operating expenses during the current year. In addition, Elk ha
    7·1 answer
  • QUESTION 8 of 10: In a percentage lease, the landlord receives a
    8·2 answers
  • 5
    9·1 answer
  • In 2020, Bertha Jarow had a $28,000 loss from the sale of a personal residence. She also purchased from an individual inventor f
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!