Br.uh its like 12:00 am for me.

A marketing manager instructs his team to make 80 telephone calls to attempt to sell an insurance policy. The random variable in

Serggg [28]

Answer:

A) discrete random variable.

Explanation:

Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.

On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.

A complex random variable is a combination of two real random variables that have rel and imaginary parts.

8 0

3 years ago

To fund your dream around-the-world vacation, you plan to save $1,175 per year for the next 15 years starting one year from now.

kobusy [5.1K]

Answer:

I will save $26,390

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 $1,175 per year payment for 15 years at 5.53% 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 = $1,175

r = rate of return = 5.53%

n = number of years = 15 years

Placing Value in the formula

Future value of annuity = FV = 1,175 x ( [ 1 + 5.53% ]^15 - 1 ) / 5.53%

Future value of annuity = FV = 1,175 x ( [ 1 + 0.0553 ]^15 - 1 ) / 0.0553

Future value of annuity = FV = $26,390

6 0

4 years ago

Entrepreneurial opportunities Group of answer choices are conditions in which new goods or services can satisfy a need in the ma

fomenos

Answer:

Option A would be the correct choice.

Explanation:

These would be generally characterized as circumstances where commodities could be offered at that same slightly higher price than certain manufacturing costs. This is indeed a condition in which businessmen will operate to make massive profits.

There seem to be certainly profit-making circumstances:

There have been plenty of companies that are making profits.
Even though policymakers described it.
Manipulating information asymmetries.

Some other options in question aren't relevant to the particular circumstance. And option A is the right one.

3 0

3 years ago

A stock has a beta of 1.28, the expected return on the market is 12 percent, and the risk-free rate is 4.5 percent. What must th

monitta

Answer:

The expected return=17.78 percent

Explanation:

Step 1: Determine risk free rate, beta and market risk premium

risk free rate=4.5%

beta=1.28

market risk premium/return on market=12%

Step 2: Express the formula for expected return

The expected return can be expressed as follows;

ER=RFR+(B×EMR)

where;

ER-expected return

RFR=risk free rate

B=beta

EMR=expected market return

replacing with the values in step 1;

ER=(4.5)+(1.28×12)

ER=4.5+13.28

ER=17.78

The expected return=17.78 percent

5 0

3 years ago

At the beginning of the current period, Marin Corp. had balances in Accounts Receivable of $195,100 and in Allowance for Doubtfu

melamori03 [73]

Answer:

The journal entries are as follows:

(a) (i) Sales A/c Dr. $745,500

To Accounts receivable A/c $745,500

(To record the sales)

(ii) Cash A/c Dr. $835,120

To Accounts receivable A/c $835,120

(To record the collections)

(b) Allowance for doubtful accounts A/c Dr. $7,831

To Accounts receivable A/c $7,831

(To record the write-off of uncollectible accounts during the period)

(c) Accounts receivable A/c Dr. $3,184

To Allowance for doubtful accounts A/c $3,184

(To record the recovery of the uncollectible account)

Cash A/c Dr. $3,184

To Accounts receivable A/c $3,184

(To record the recovery)

(d) Bad debts expense A/c Dr. $19,397

To Allowance for doubtful accounts $19,397

(To record the bad debt expense for the period)

Workings:

Bad debts expense:

= $24,100 - (9,350 - 7,831 + 3,184)

= $19,397

7 0

4 years ago