Answer:
The probability of getting paid more than $6500 in 100 weeks is 0.6%
Explanation:
In this problem, we need to define a probabilty distribution for the money earned.
The 100-week payoff can be expressed as
Being L the numbers of weeks we have low pay and H the weeks we have high pay.
Now, as it is a coin flip, H is a binomial random variable with p=0.5 and n=100
For a total pay off of more than 6500, H has to be
That means that in at least 63 of the 100 weeks we have to get a high pay.
If we compute the individual probabilities we get P(H≥63)=0.006 or 0.6%.
A. Traders borrowing money from their brokers.
Answer:
e. fall; greater than; falls
Explanation:
Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.
I hope my answer helps you
Since 2011, over $1.65 billion worth of crypto assets have been stolen, and the numbers are accelerating on a Keeping your digital assets in an exchange wallet is comes with added risks, so storing your cryptocurrency there for a long period of time is not a good idea.
<h3>What is
cryptocurrency?</h3>
A cryptocurrency, crypto-currency, or crypto is a digital currency that is designed to function as a means of exchange via a computer network and is not dependant on any central authority, such as a government or bank, to support or maintain it.
Mining is the process by which Bitcoin and other cryptocurrencies are created and transactions involving new currency are validated. It comprises large, decentralised networks of computers all over the world that verify and protect blockchains, which are virtual ledgers that record cryptocurrency transactions.
Cryptocurrency exchanges are lawful in the United States and are governed by the Bank Secrecy Act (BSA). In effect, this means that bitcoin exchange service providers must register with FinCEN, establish an anti-money laundering/counter-terrorism financing programme, and maintain adequate records.
To know more about cryptocurrency follow the link:
brainly.com/question/26103103
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Answer:
The answer is $ 218
Explanation:
Solution
Given that:
Description Amount
Direct materials $91
Direct labor $85
Variable manufacturing overhead $7
Fixed manufacturing overhead
( $ 161,000/ 4,600 units) $35
The unit product under absorption costing = $218
Therefore, the absorption costing unit product cost is $218