Answer:
c. 97.558%
Explanation:
Options are <em>"A. 50.0.% B. 2.442% C. 97.558% D.197.0% E. 47,442%"</em>
Mean = μ = 1447
Standard deviation = σ = 715
Observed value = X = 2855
Using z-score formula, Z = (X - μ) / σ
Z = (2855 - 1447) / 715
Z = 1.97
P(Z<1.97) = 0.97558
P(Z<1.97) = 97.558%
So, the probability of a stock-out is 97.558%.
Answer:
true...........................
Answer:
Amount of change in millions (Revenue) = $1,339 (Increase)
Percent of change = 0.08178 = 1.88 % (Approx)
Explanation:
Given:
Current Previous
Revenue $72,618 $71,279
Find:
Amount of change in millions = ?
Percent of change = ?
Computation:
⇒ Amount of change in millions (Revenue) = Current year revenue - Previous year revenue
⇒ Amount of change in millions (Revenue) = $72,618 - $71,279
⇒ Amount of change in millions (Revenue) = $1,339 (Increase)
⇒ Percent of change = Amount of change in millions (Revenue) / Previous year revenue
⇒ Percent of change = $1,339 / $71,279
⇒ Percent of change = 0.08178 = 1.88 % (Approx)
