All categories

3 years ago

For which of the following random variables would the use of a Normal distribution as a model be a clear error?

Business

1 answer:

Zinaida [17]3 years ago

8 0

Answer:

A. The number of houses that an individual owns

Explanation:

The use of normal distribution in option A would produce an error. That is the number of houses individuals own.

We know that people can own 1 house or more than 1 house or no house at all. But a person can never be said to have less than 0 houses.

Option a is going to be skewed positively. Using Normal distribution would give us an error.

You might be interested in

If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th

statuscvo [17]

Answer:

Explanation:

fears of reverse discrimination

8 0

2 years ago

As a firm grows, it must support increases in revenue with new investments in assets. The self-supporting, or sustainable, growt

rjkz [21]

Answer:

Sustainable growth rate = 0.67148%

The firm maintains a constant ratio of liabilities to equity.

Explanation:

Sustainable growth rate = ROE *Plow back Ratio / (1-ROE * Plow back Ratio)

When ROE = Net Income / Total Assets

= $2,000,000/$300,000,000

= 0.00667

Plow back Ratio = 1 - (Dividend / Net Income)

= 1 - ($180,000/$2,000,000)

= 1 - 0.09

=0.91

Sustainable growth rate = ROE * Plow back Ratio / (1-ROE * Plow back Ratio)

= 0.00667 * 0.91 / (1 - 0.00667 * 0.91)

= 0.0060697 / 0.9039303

=0.0067148

= 0.67148%

Therefore, the sustainable growth rate is 0.67148%

The firm maintains a constant ratio of liabilities to equity is the correct assumption for the sustainable growth model.

3 0

3 years ago

When a manufacturer forbids an intermediary to carry products of competing manufacturers, the arrangement is known as _____.

sineoko [7]

When a manufacturer forbids an intermediary to carry products of competing manufacturers, the arrangement is known as exclusive dealing.

Exclusive dealing happens while one commercial enterprise buying and sells with some other places situations on the opposite's freedom to pick what it buys or sells, who it does commercial enterprise with, or wherein it trades. Unique dealing is common in business preparations. extraordinary dealing is only illegal while it drastically lessens opposition.

Exclusive dealing is normally described by using the state of affairs wherein the advertising outlet contains best the fabricated from one manufacturer in a particular product type. as an example, while McDonald's sells the handiest Coca-Cola, this is distinctive dealing.

Learn more about manufacturer here: brainly.com/question/25279292

#SPJ4

4 0

1 year ago

Businesses located in countries that have relatively weak domestic demand rarely make the leap to multinational enterprises beca

Olin [163]

Answer:

The correct answer is : False

Explanation:

The participation in local production might repress the growth of imports in a market for goods made of different types. The domestic demand constitutes a great proportion or potential import suppliers. The domestic industry may influence its reaction to import competition, the prevalence of multinational enterprises (MNEs) is important.

6 0

3 years ago

Selected data taken from the accounting records of Ginis Inc. for the current year ended December 31 are as follows: Balance, De

nalin [4]

Answer:

Cash payment for merchandise inventory is $1,025,800.00

Cash payment for operating expenses is $179,170.00

Explanation:

The amount of cash payments in respect of merchandise inventory is the cost of merchandise sold minus decrease in inventories plus decrease in accounts payable.

Cash paid for merchandise inventory=$1,031,550-($193,430-$178,020)+($105,800-$96,140)=$1,025,800.00

Cash paid for operating expenses=$179,400+($14,030-$12,650)-($8,970-$7,360)=$ 179,170.00

8 0

3 years ago