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jekas [21]
3 years ago
9

An even numbered card is chosen randomly from a set of cards labeled with the numbers 1 through 8. A second even numbered card i

s chosen after the first card is replaced. Are these dependent or independent events?
a.
dependent
b.
independent
Business
1 answer:
alisha [4.7K]3 years ago
5 0

Answer:

independent. This is a fun question. I never thought about how I would explain it before.

Explanation:

Can you think of anything that might influence the second even card being drawn?

  • Let's make the question a whole lot easier. Suppose you have a coin and it's a fair one just coming from the mint. Suppose you toss it and you get either heads or tails.
  • Can you think of a reason why you should get the same thing again or put another way, can you guess what you are going to get next?
  • If you can't then the tosses are independent of each other. You haven't replaced anything, like once you get a tails, you weight the coin so you can never get tails again. That would be a dependent event.
  • If you can guess consistently, you better submit a written paper to a math journal.

Now go back your your question. You replaced the card. The odds are the same as for the first toss. Is there anything that has changed your mind about being able to guess.

You can't guess, so the events are independent.

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Problem 2-16 Balance Sheet (LG2-1) Glen’s Tobacco Shop has total assets of $96.4 million. Fifty percent of these assets are fina
snow_lady [41]

Answer:

The balance for long-term debt and retained earnings on Glen’s Tobacco Shop’s balance sheet is $18.2 million and $27.8 million respectively

Explanation:

The computation is shown below:

Given that

Debt = 50% ×  Total Assets

= 50% × $96.4 million

= $48.20 million

As we know that

Total Debt = Current Liabilities + Long Term Debt

$48.20 million = $ 30.0 million + Long Term Debt

So, the long term debt is $18.2 million

Now,

Total Assets = Total Liabilities + Owner's Equity

where,

Total Assets = Long Term Debt + Current Liabilities + Common Stock and paid-in surplus + Retained Earnings

$96.4 million = $18.2 million + $30.0 million + $20.4 million + retained earnings

So, the retained earnings is $27.8 million

7 0
3 years ago
A pie chart ____. answer
kherson [118]
I think your answer would be 
D 

H0P3 It H3LPS :)
3 0
3 years ago
The standard quantity allowed for the units produced was 4000 pounds, the standard price was $2.50 per pound, and the materials
Anika [276]

Answer:

Unites actually produced = 4,000 units

Explanation:

M<em>aterial quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.  </em>

<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price  </em>

Material quantity variance in unit =  Materials quantity variance  in value /standard price

Material quantity variance in unit = 350/2.50 =140  pounds

Actual quantity used (in pounds)  = standard quantity allowed - Material quantity variance

                              = 4000  - 140 = 3,860 pounds

Actual units produced = Standard quantity allowed/ standard quantity  per unit

                                      = 4,000/1 = 4000 units

Unites actually produced = 4,000 units

6 0
4 years ago
In a recent survey, it was observed that many Asian youths have started watching American sitcoms. Moreover, they have started a
pashok25 [27]
A sign of cultural influence
6 0
4 years ago
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7 thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are sold at $20 per share. The entry
Firdavs [7]

Based on the information given the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Marker, Inc. Journal entry

Debit Cash $140,000

(7,000 shares×$20 per share)

Credit Treasury stock $98,000

(7,000 shares×$14 per share)

Credit Additional paid-in capital - treasury stock $42,000

[($20-$14)×7,000 shares]

(To record treasury stock)

Inconclusion the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Learn more about treasury stock here:brainly.com/question/8054097

8 0
3 years ago
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