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aleksandr82 [10.1K]
3 years ago
8

When dragons on planet Pern lay eggs, the eggs are either green or yellow. The biologists have observed over the years that 26%

of the eggs are yellow, and the rest green. Next spring the lead scientist has permission to randomly select 67 of the dragon eggs to incubate. Consider all the possible samples of 67 dragon eggs.
1. What is the mean number of yellow eggs in samples of 67 eggs? (that is the same as asking for the expected value of the number of yellow eggs)
(Give answer correct to at least one decimal place.)
mean =
2. What is the standard deviation in the number of yellow eggs in samples of size 67?
(Give answer correct to at least one decimal place.)
standard deviation =
3. What is the variance in the number of yellow eggs in samples of size 67?
(Remember to calculate the answer using at least 5 decimal places, then give answer correct to at least one decimal place.)
Business
1 answer:
zhenek [66]3 years ago
4 0

Answer:

μ=  17.42

var=  12.891= 12.9

σ = 3.59

Explanation:

As the number of trials are fixed  i.e 67 and the success is also fixed i.e 26% or 0.26 this is treated as a binomial experiment.

The mean of the binomial experiment is calculated as

μ= np = 67*0.26= 17.42

This is the same as the expected value of number of yellow eggs.

E(y)= np=μ=  67*0.26= 17.42

The variance  of the binomial experiment is calculated as

var= npq  = 67*0.26(1-0.26)= 67*0.26(0.74)= 12.8908= 12.891

The standard deviation  of the binomial experiment is calculated as

σ =√npq= √12.8908= 3.590376  = 3.59038= 3.5904 = 3.590= 3.59

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Beau Corporation sells a unit of its product for​ $250 per​ unit, while its variable costs per unit are​ $75. Fixed cost are bud
wolverine [178]

Answer:

Number of units that must be sold to earn the target profit is 3000 units.

The contribution margin ratio is 0.70

Explanation:

We will use the break even analysis modified for target profit to calculate the number of units needed to earn the desired

The break even point in units is calculated by dividing the fixed cost by the contribution margin per unit. To calculate the number of units required to earn the desired profit, we add the desired profit to fixed cost and divide it by the contribution margin per unit.

Contribution margin per unit = 250 - 75  =  $175

Number of units required to earn target profit = (325000 + 200000) / 175

Number of units required to earn target profit = 3000 units

The contribution margin ratio is = 175 / 250   =  0.7 or 70%

Dollar Sales required to earn target profit = $4,812,500

8 0
3 years ago
What is (are) the main problems in using a balance sheet to provide an accurate assessment of the value of a company's equity?
frez [133]

Answer:

A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.

Explanation:

As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.

Therefore the correct option is a.

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3 years ago
Crane Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available
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Answer:

C. $222,500 ÷ $313,500

Explanation:

Calculation for cost to retail ratio

COST

Beginning inventory $30,000

Add; Purchases $190,000

Add: Freight in $2,500

Cost $222,500

RETAIL

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Add: Purchases $260,000

Add: Net mark ups $8,500

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Answer:

A. May be able to improve either economic efficiency or equality.

Explanation:

Public policies: These are the government's policies meant for the public´s benefit and it is tailored to translate vision into action to execute planning and get the desired result. These policies are important to resolve public issues efficiently and effectively with equality. It should be formed under the laws and regulations of the state.

There are five stages of policy making process:

  • Agenda setup.
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5 0
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Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome. What is the next step she should
Olenka [21]

Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

<h3>What is counterfactual thinking?</h3>

Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.

The initial method may not be as productive as the individual expected.

This will make an individual think of all the factors that may have hindered the desired result.

Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

Learn more on Counterfactual thinking below

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7 0
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