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Fofino [41]
3 years ago
8

Why are marketers putting so much emphasis on developing strong brands?

Business
1 answer:
Alona [7]3 years ago
4 0
Beyond just a memorable logo, good branding increases the value of a company, provides employees with direction and motivation, and makes acquiring new customers easier. ... A brand represents the sum of people's perception of a company's customer service, reputation, advertising and logo.
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Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile r
vovikov84 [41]

Answer:

a)  0.1728

b)  0.09183

c) 0.7354

d) $ 222.25

Explanation:

Given

mean = \mu = $367

Standard deviation = \sigma =$88

Cost of automobile repair is normally distributed.

a) We have to find P( x > 450 )

P( x > 450 ) = 1 - P( x <= 450 )

Using excel function,   P( x <= x ) = NORMDIST (x,  \mu, \sigma, 1 )

P( x > 450 )   = 1 - NORMDIST( 450 , 367, 88, 1 )

= 1 - 0.8272 = 0.1728

P( x > 450 ) = 0.1728

b)  P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( x < 250 ) = 0.09183

c) P( 250 < x < 450 ) = P( x <450 ) - P( x < 250 )

P( x <450 ) = NORMDIST( 450 , 367, 88, 1 ) = 0.8272

P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( 250 < x < 450 ) = 0.8272 - 0.09183 = 0.7354

P( 250 < x < 450 ) = 0.7354

d) We have P( X < a ) = 0.05

We have to find a.

Using Excel, = NORMINV ( Probability, \mu, \sigma )

a = NORMINV ( 0.05 , 367, 88 ) = 222.2529

Cost = $ 222.25

8 0
3 years ago
Where can I find a bomber winter jacket In flushing
ollegr [7]
I would try Amazon or Ebay.

Is this a school question?
7 0
3 years ago
Read 2 more answers
1. Assume that the money demand function is (M / P)d = 2,200 – 200r, where r is the interest rate in percent. The money supply M
Wittaler [7]

Answer:

r= 3

Explanation:

Due that the level price does not changed, the first thing that you have to do to find the equilibrium is put the two equations with an equal

Money demand =Supply of money

2,200 – 200 r= 2,000

Now you have to find the value of r and you have to clear the formula and first you have to:

2,800- 2,200 = 200r

Now that you have the number together you have to apply the operation

600 = 200r

As the 200 is multiplying the r you have to pass the 200 to divided the 600

r= (600/200)

r= 3%

The interest rate is 3%

3 0
3 years ago
To barter means to____?<br><br> 1. create.<br> 2. trade.<br> 3. earn.
kicyunya [14]
The correct answer is exchange or trade
7 0
3 years ago
Read 2 more answers
if an average person earns $100.00, and has 25% taken out for taxes, how much will they pay in taxes?
NNADVOKAT [17]
25% of 100 is $25 hopefully thats what you were asking for
3 0
3 years ago
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