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Flauer [41]
2 years ago
8

The result of your Monte Carlo simulation for the Present Worth of a project is a normal distribution with a mean of $575,234 an

d a standard deviation of $10,245. If your boss tells you that in order to be successful, the Present Worth needs to exceed $560,000. What is the chance that the project will NOT succeed
Business
1 answer:
sveticcg [70]2 years ago
7 0

Answer:

6.85%

Explanation:

Mean = 575,234

Standard deviation = 10,245

Project will be successful when PV > 560,000

For not getting success, PV < 560,000

P (X < 560,000) = <em>P </em>(Z < (560,000-575,234)/10,245)

P (X < 560,000) = <em>P </em>(Z < -1.48697)

P (X < 560,000) = 0.0685

P (X < 560,000) = 6.85%

Therefore, the chance that the project will NOT succeed is 6.85%

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Based on his​ preferences, Bill is willing to trade 5 movie tickets for 1 ticket to a basketball game. If movie tickets cost ​$1
Leviafan [203]

Answer:

Bill shouldnt trade movie tickets for basketball​ tickets, since  MRS > Pb/Pm.

Explanation:

Price ratio = Pb/Pm

                 = $46/$10

                 = 4.6

MRS = 5/1

        = 5

MRS > Pb/Pm

Therefore, Bill shouldnt trade movie tickets for basketball​ tickets, since  MRS > Pb/Pm.

4 0
3 years ago
Many organizations are adapting to the environment by developing more of a(n) _____ relationship rather than a(n) _____ relation
Bingel [31]

The development of the last decades, population growth and concentration in cities, tensions and lack of resources, as well as the challenge posed by climate change, have contributed so that in recent years many organizations modify their lines of action and actions regarding its competitors, adopting less aggressive measures that contribute to the change and strengthening of healthy social relations.

Answer

b. partnership, adversarial

Many organizations are adapting to the environment by developing more of a <em>partnership</em> relationship rather than an adversarial relationship with competitors.

6 0
3 years ago
Suppose there an increase in production cost decreases the supply of wheat, such that less wheat is supplied at each price level
pickupchik [31]
Increases. hope this helps
8 0
3 years ago
Compute the two-year nominal interest rate using the exact formula and the approximation formula for each set of assumptions lis
gregori [183]

Answer:

a) 2.5%

b) 6%

c) 3.5%

Explanation:

The Formula to be used is the <em>habitat hypothesis </em>

as stated in the document attached below

a)  it = 2%; it+1 =3%

i_{2,t} = 0 + ( 2 + 3 ) / 2

    = 2.5% ( two year nominal interest rate )

b) it = 2%;  it+1+1 = 10%

i_{2,t} = 0 + ( 2 + 10 ) / 2

     = 6% ( two year nominal interest rate )

c) it = 2%;  1t+1 = 3%. ∝₂,t = 1%

i_{2,t}  = 1 + ( 2 + 3 ) / 2

     = 1 + 2.5 = 3.5%

8 0
2 years ago
Which describes the role of automatic stabilizers in the economy?
mart [117]
Automatic stabilizers have a similar impact as discretionary fiscal policy but occur automatically, without action by the government. Automatic stabilizers increase aggregate demand during recessions and reduce aggregate demand during expansions.
4 0
3 years ago
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