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Artyom0805 [142]
3 years ago
11

What number should be included in the following data so that the median is 5.2? 4,7,11,5,3​

Business
1 answer:
ruslelena [56]3 years ago
4 0

Answer:

5.4

Explanation:

To find the median, we need to arrange the numbers in numerical order.

Hence, here we have 3, 4, 5, 7, 11.

Given that the question says we should look for numbers that would be included in the following data so that the median is 5.2. Hence, we need to add the number to the set.

Therefore the total number of the set will be 6 making it an even number. Hence we have to add the two numbers in the middle and divide them by 2.

Since the median is 5.2, hence we multiply it by 2 = 10.4

Therefore, we less 5 from 10.4, we have 5.4

To check we now have a set of numbers 3, 4, 5, 5.4, 7, 11

Where 5 + 5.4 = 10.4, then divided by 2 = 5.2 as median.

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You have been hired by the No Hassle Collection Agency to provide economic advice. The owner of the agency tells you that No Has
bearhunter [10]

Answer:

The marginal revenue product has a property known as diminishing marginal return.

The property of diminishing marginal return tells us that theres an amount of input that maximizes revenue, and after this point is reached, additional units of input less addional revenue until diminishing it.

In this example, the Collection Agency is way past the maximum revenue point (located at $34.00 per worker). It needs to lay off employees until it goes from the current $40.00 marginal revenue product, until $34.00 marginal revenue product.

6 0
3 years ago
_____ can be a difficult problem for many international managers, who often come from advanced economies and believe that their
hichkok12 [17]

Answer:

Ethnocentrism

Explanation:

Ethnocentrism occurs when someone judges the culture of others by their own perspective and values, judging in a derogatory way the cultural identity of other peoples. When an international manager takes an ethnocentric stance, he is reaffirming stereotypes about some culture that are often loaded with prejudice to mark people or places based on some trait. In this matter, the manager adopted a negative and problematic posture, because in addition to advanced technology, each culture has a particular way of expressing, consuming, acting and understanding. Therefore, disregarding the characteristics and perspectives of a different culture, the insertion and development of some business strategy will not be effectively directed.

6 0
4 years ago
Which of the following statements is false? A) Price determination is the key element in any market system. B) Input prices infl
anastassius [24]

Answer:

option D) While managers must understand how output prices are determined, determination of input prices is irrelevant because it is beyond the manager's control.

Explanation:

A price system is simply defined as a part of any economic system. It uses prices usually expressed in monetary form for goods and services valuation and distribution and also the factors of production.

A Pricing Manager helps to determine pricing schemes for firms products and services. The scope of work entailss co-ordination with production departments on cost of making and working with staff in marketing especially on appropriate campaigns and promotions and also they assist with pricing bargaining of customers intent.

Price Determination is getting or deriving the cost of goods sold and services offered/ rendered in the free market. The forces of demand and supply always determine the prices of goods and services in the market system.

8 0
3 years ago
Sessler Manufacturers made two announcements concerning its common stock today. First, the company announced that the next annua
victus00 [196]

Answer:

The maximum amount that should be paid today is $11.29

Explanation:

The constant growth model of the DDM approach can be used to calculate the price or fair value per share today based on the expected dividends that the stock will pay. As the dividends are declining n this case, the dividend growth will be negative i.e. -1.5%

The formula for the price of share today is,

P0 or V = D1  /  r - g

Thus,

P0 = 1.75 / (0.14 + 0.015)

P0 = $11.29

3 0
4 years ago
Read 2 more answers
Prahm Corp. wants to raise $5.3 million via a rights offering. The company currently has 590,000 shares of common stock outstand
lawyer [7]

Answer:

Proceeds from sale of rights will be $49407.62

Explanation:

Proceeds from the sale of rights

=> Net Proceeds per share = Subscription price per share x (1 – Spread)

= $27 × (1 – 0.06)

= $25.38 per share

=> New shares offered = money raised/net proceeds per share              

                                       = 5300000/25.38 =  208826 Shares

=> Number of rights needed = current shares/New share offered    

                                               = 590000/208826 = 2.82532

=> The Ex-rights stock price will be

Ex-rights stock price = ((Number of rights needed × selling price per share) + Subscription price) + (Number of rights needed + 1)

= ((2.82532 × 54) + $27 per share) / (2.82532 + 1) = $46.94177 per share

So, the value of a right = Selling price per share - Ex-rights stock price

= $54 - $46.94177

= $7.05823 per share

Therefore, proceeds from selling the rights will be

= Number of shares × value of a right

= 7000 × 7.05823

= $49407.62

Proceeds from sale of rights will be $49407.62

5 0
4 years ago
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