Answer: The probability that the avg. salary of the 100 players exceeded $1 million is approximately 1.
Explanation:
Step 1: Estimate the standard error. Standard error can be calcualted by dividing the standard deviation by the square root of the sample size:
So, Standard Error is 0.08 million or $80,000.
Step 2: Next, estimate the mean is how many standard errors below the population mean $1 million.
-6.250 means that $1 million is siz standard errors away from the mean. Since, the value is too far from the bell-shaped normal distribution curve that nearly 100% of the values are greater than it.
Therefore, we can say that because 100% values are greater than it, probability that the avg. salary of the 100 players exceeded $1 million is approximately 1.
Answer:
A fixed cost: Does not change with changes in the volume of activity within the relevant range
Step-by-step explanation:
Fixed Cost:
In economics, a fixed cost in a specified period of time does not change with respect to an increase or decrease in the production of goods or services. In contrast, the variable cost changes in proportion to changes in production of goods or services.
Examples of Fixed Cost:
Salaries, Rents, insurance payments, taxes, some utilities etc
Given:
In a right triangle, the measure of one acute angle is 12 more than twice the measure of the other acute angle.
To find:
The measures of the 2 acute angles of the triangle.
Solution:
Let x be the measure of one acute angle. Then the measure of another acute is (2x+12).
According to the angle sum property, the sum of all interior angles of a triangle is 180 degrees. So,
Divide both sides by 3.
The measure of one acute angle is 26 degrees. So, the measure of another acute angle is:
Therefore, the measures of two acute angles are 26° and 64° respectively.
Answer:
24x-8y
Step-by-step explanation:
8 times 3x is 24x and 8 times y is 8y
