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Ahat [919]
3 years ago
11

There are four balls with the same size in a box. The balls are numbered 1, 2, 3 and 4. Sonya randomly picks up one ball, puts i

t back, and then randomly picks up one ball from the box. Let denote the sum of the numbers on the two balls she picked up. Find (round off to second decimal place).

Business
1 answer:
sveticcg [70]3 years ago
7 0

Answer:

Explanation:

Here we have sampling with replacement. There are 4 x 4 = 16 out comes each with equal probability 1/16 .

The sample space being {1,2,3,4} {1,2,3,4} .

The random variable X representing the sum of the numbers on the balls has values from 2 to 8.

The other detailed steps and appropriate analysis is shown in the attached file.

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The answer is entrepreneurs
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3 years ago
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A company has two products: standard and deluxe. The company expects to produce 43,681 Standard units and 39,390 Deluxe units. I
Ad libitum [116K]

Answer:

The following information was missing, so I looked it up:

  • Direct materials for standard units = $6,940 / 43,681 units = $0.1589
  • Direct labor for standard units = $7,738 / 43,681 units = $0.1771

                             Budgeted OC           Standard         Deluxe

Purchasing             $93,000                  2,500               5,250

cost per purchase   $12                        $30,000          $63,000

Designing              $92,000                   4,500               5,500

cost per design      $9.20                      $41,400          $50,600

Shipping                 $87,000                  3,000               2,800

cost per order          $15                        $45,000          $42,000

Job cost sheet for standard units

                                                 Cost per unit           Total costs (43,681 units)

Direct materials per unit             $0.1587                           $6,940

Direct labor per unit                    $0.1770                            $7,738

Purchase costs                           $0.6866                         $30,000

Design costs                               $0.9476                           $41,400

<u>Shipping costs                             $1.0301                          $45,000</u>

Total                                                  $3                              $131,078

4 0
3 years ago
Tom’s T.V.’s sold one of their premium products, a new 60" flat screen 3D T.V. to a customer who paid $2,000 in cash. How would
nikdorinn [45]

Answer:

Impact of $2,000 sale on accounting equation is as follow:

Accounting Equation

 Asset             =        Equity           +      Liabilities

Cash+2000        Sales+2,000            No Effect

As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.

Explanation:

The Following journal Entry will support my answer:

Sales amount = 2,000

As this transaction is made on cash basis the following Journal entry will be recorded for this event.

                   Dr.          Cr.

Cash       $2,000

Sales                    $2,000

5 0
3 years ago
Since your first​ birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir
nika2105 [10]

Answer:

The amount of money in my savings account will be closest​ to $29,213

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,000 per year payment for 18 years at 6% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity  is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,000

r = rate of return = 6%

n = number of years = 18 years

Placing Value in the formula

As on the 18th payment no compounding interest income is accrued yet because grandparent made it now.

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 6% ]^18-1 - 1 ) / 6%

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 0.06 ]^17 - 1 ) / 0.06

Future value of annuity = FV = $29,213

3 0
3 years ago
You are planning to build a new home with approximately 2,000-2,500 gross square feet of living space on one floor. In addition,
Sphinxa [80]

Answer:

The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature

5 0
2 years ago
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