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borishaifa [10]
3 years ago
7

What is one effective strategy for managing credit card debt?

Business
1 answer:
Llana [10]3 years ago
6 0
I think it’s B I’m not sure tho
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Why is marketing poorly understood?
iren2701 [21]
Most people think some marketing is a scam or fake deals.
7 0
3 years ago
Find the mean, median and mode for the above set of data
qwelly [4]

Answer:

a. Mean = 35.2 ≈ 35

b. Median = 35.6 ≈ 36

c. Mode = 36.6 ≈ 37

Step-by-step Explanation:

==>Given:

Class of ages in yrs

No. of cases of each class = f

Midpoint of each class = x

Product of midpoint and no. of cases of each class = fx

==>Required:

a. Mean

b. Median

c. Mode

==>SOLUTION:

a. Mean = (Σfx)/Σf

Σf = sum of no. of cases = 5+10+20+22+13+5 = 75

Σfx = 47.5+195+590+869+643.5+297.5 = 2,642.5

Mean = 2,642.5/75 = 35.2 ≈ 35

b. Median = Lm + [((Σf/2) - Cfb)/fm]Cw

Our median is between the 37th and the 38th term, which can be found in the class interval 35-44. This is our median class.

Lm = Lower class boundary of the median class = lower limit of the Medina class + upper limit of the class before the median class ÷ 2 = (35+34)/2 = 34.5

Σf/2 = 75/2 = 37.5

Cfb = Cumulative frequency of class before the median class = 5+10+20 = 35

fm = frequency of the Medina class = 22

Cw = Class width = upper class boundary - lower class boundary = 44.5-34.5 = 10

Median = 34.5 + [(37.5-35)/22] × 10

= 34.5 + [2.5/22] × 10

= 34.5 + [25/22]

= 34.5 + 1.1

= 35.6 ≈ 36

c. Mode = Lm + [∆¹/(∆¹+∆²)]Cw

Modal class = (35-44) [i.e. the class with the highest frequency, which is where our mode falls in]

Lm = lower class boundary of the modal class = lower limit of the modal class + upper limit of the class before the modal class ÷ 2 = (35+34)/2 = 34.5

∆¹ = difference between the frequency of the modal class & the frequency of the class before the modal class = 22 - 20 = 2

∆² = difference between the frequency of the modal class & the frequency of the class after the modal class = 22 - 13 = 9

Cw == Upper class boundary - Lower class boundary = 44.5 - 34.5 = 10

Mode = 34.5 + [2/(2+9)] × 10

= 34.5 + [2/11] × 10

= 34.5 + [20/11]

= 34.5 + 1.8

Mode = 36.6 ≈ 37

8 0
3 years ago
The Boot Department at the Omaha Department Store is being considered for closure. The following information relates to boot act
kykrilka [37]

Answer:

Yes, Omaha department store would be better off by $23000.

Explanation:

Given: Sales revenue= $350000.

           Cost of goods sold= $280000.

           Sales commission= $30000.

           Fixed operating cost= $90000.

Now, computing net profit or (loss)

Net profit/loss= \textrm{sales revenue - cost of goods sold- sales\ commission - Avoidable fixed\ operating\ costs}

∴ Net profit/loss= 350000-280000-30000-(90000\times 70\%)

⇒ Net profit/loss= 40000-(63000)= (\$ 23000)

∴ Net loss= \$ 23000

∴ Yes boot department should be closed, as Omaha department store is better off by $23000.

7 0
4 years ago
Sally currently has $20,000 in her savings account and she has inherited $250, 000 from her aunt. What should she do to ensure t
Korolek [52]

The thing that Sally can do to ensure that she will have access to her money if the bank goes out of business is to keep her money in two financial institutions.

<h3>How to illustrate the information?</h3>

A bank is a place where one keeps money and other valuable.

In this case, to have access to her money if the bank goes out of business is to keep her money in two financial institutions.

Learn more about bank on:

brainly.com/question/25664180

#SPJ1

3 0
2 years ago
The restaurant sector continues to grow despite the hurting economy.<br><br> O True<br><br> O False
Mkey [24]

Answer:

True.

Explanation:

^^

5 0
3 years ago
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