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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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What evaluation criteria is used in economic analysis?a. Time to completion b. Technical feasibility c. Sustainability d. Financ
Ilia_Sergeevich [38]

Answer:

The evaluation criteria used in economic analysis is:

d. Financial units (dollars or other currency)

Explanation:

The evaluation criteria for economic analysis is usually based on financial units, which are national currencies.  They represent the monetary values of the elements of any economic analysis.  For instance, to ascertain the profitability or otherwise of a transaction, the sales value is compared to the costs.  The excess of the sales value over the costs is regarded as the profit.  The reverse is regarded as the loss.  The evaluation criteria for these two economic analysis is based on the financial units of sales and costs expressed as national currencies.

7 0
3 years ago
For any external resources that are used on the project, such as subcontractors, consultants, or vendors, the______ will define
Anastaziya [24]

Answer: project manager

     

Explanation: The project manager's role. A project manager is a person who is responsible for initiating, preparing, designing, implementing, tracking, overseeing and closing a project successfully. A project manager is a person in charge for both smaller and larger decision-making.

  Hence, as he or she is responsible for successful completion it is the responsibility of the project manager to define, approve and acquire all the documentation needed regarding the project.

6 0
3 years ago
Expansionary monetary policy Group of answer choices 1. lowers interest rates, causing aggregate demand to shift to the right. 2
masha68 [24]

Answer:

2. raises interest rates, causing aggregate demand to shift to the right.

Explanation:

Expansionary Fiscal Policies try to increase Aggregate demand by :-

  • Decrease in taxes by government ; or / and
  • Increase in government spending

The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .

The government finances this increased public spending with same or  decreased taxes - through borrowings.

The government borrowing funds reduces the loanable funds in capital market, this loans' excess demand in capital markets increase their price i.e Interest.

4 0
3 years ago
In December of Year 4, John (a cash-basis taxpayer) received a $2,000 payment from Tom who signed a year's lease to rent John's
larisa86 [58]

Answer:

John should include $1,600 as rental income on his Year 4 tax return as a result of the $2,000 payment.

Explanation:

As a cash-basis taxpayer, John's taxable income is based on the actual cash receipts and payments made in the accounting period.  The refundable part of the rent should not be included as rental income since it is a security deposit that would be returned at the end of the lease period.  If John were an accrual-basis taxpayer, the rental income to be included would have been only $800 representing income for Year 4.

6 0
3 years ago
You are considering the following two mutually exclusive projects. The crossover point is _____ and Project _____ should be acce
Romashka [77]

Answer:

13.28%; B

Explanation:

Project A                                 Project B                          Differential

Year 0 -$21,000                     Year 0 -$21,000               0

Year 1 $7,000                         Year 1 $15,000                -$8,000

Year 2 $7,000                        Year 2 $5,000                 $2,000

Year 3 $15,000                       Year 3 $7,000                $8,000

the discount rate = 14%, the NPV is:

NPV project A = -21,000 + 7,000/1.14 + 7,000/1.14² + 15,000/1.14³ = $651

NPV project B = -21,000 + 15,000/1.14 + 5,000/1.14² + 7,000/1.14³ = $730

if the discount rate is 14%, project B should be accepted (higher NPV)

the crossover rate is the discount rate where both NPVs are equal.

we must find the IRR using an excel spreadsheet and the IRR function:

=IRR (0,-8000,2000,8000) = 13.28%

3 0
3 years ago
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