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).
1 answer:
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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Answer:
option (C) 32,750 hours
Explanation:
Data provided in the question:
Actual manufacturing overhead cost = $250,000
Overapplied overhead = $12,000
Predetermined overhead rate = $8.00 per direct labor-hour
Now,
The total Manufacturing Overhead applied last year
= Actual manufacturing overhead cost + Overapplied overhead
= $250,000 + $12,000
= $262,000
Therefore,
Direct Labor Hours worked last year =
or
=
= 32,750 hours
Hence,
The correct answer is option (C) 32,750 hours
Answer:
(C) Higher.
Explanation:
The computation of the present value in both the cases are as follows:
In the first case
Given that
Assume the par value i.e. future value be $1,000
PMT = $1,000 × 9% = $90
RATE = 9%
NPER = 7
The formula is shown below
=-PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $863.09
In the second case
Given that
Assume the par value i.e. future value be $1,000
PMT = $1,000 × 9% = $90
RATE = 9%
NPER = 6
The formula is shown below
=-PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $876.66
So as we can see that the price of the bond would increased
