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SCORPION-xisa [38]
2 years ago
6

*20 points* Explain two barriers to entry for a new business.

Mathematics
2 answers:
Andre45 [30]2 years ago
6 0

Answer:

Step-by-step explanation:

Barriers to entry are obstacles that make it difficult to enter a given market. ...

Government Regulation.

Start-Up Costs.

Technology.

Economies of Scale.

Product Differentiation.

Access to Suppliers and Distribution Channels.

Competitive Response.

Alex2 years ago
3 0

Answer:

Government regulation, Economies of scale

Step-by-step explanation:

Barriers to entry are obstacles that make it difficult to enter a given market. ...

Government Regulation.

Start-Up Costs.

Technology.

Economies of Scale.

Product Differentiation.

Access to Suppliers and Distribution Channels.

Competitive Response.

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According to New Jersey Transit, the 8:00 A.M. weekday train from Princeton to New York City has a 90% chance of arriving on tim
jonny [76]

Answer:

See explanation below.

Step-by-step explanation:

Assuming this problem: "According to New Jersey Transit, the 8:00 A.M. weekday train from Princeton to New York City has a 90% chance of arriving on time on a randomly selected day. Suppose this claim is true. Choose 6 days at random. Let W = the number of days on which the train arrives late. "

For this case we can check if the binomial model can be used checking conditions:

1) We satisfy that we have independent trials and is assumed for this case

2) We have a fixed value for the trials n =6 and for the probability p = 0.9 on each trial

3) We have bernoulli experiments on each trial since we have success or failure for each case.

So then since all the conditions are satisfied we can assume that the binomial model can be used here.

The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".

Let W the random variable of interest "the number of days on which the train arrives late", on this case we now that:

W \sim Binom(n=6, p=0.9)

The probability mass function for the Binomial distribution is given as:

P(X)=(nCx)(p)^x (1-p)^{n-x}

Where (nCx) means combinatory and it's given by this formula:

nCx=\frac{n!}{(n-x)! x!}

We can find all the possible probabilities for all the possible values of X like this:

P(X=0)=(6C0)(0.9)^0 (1-0.9)^{6-0}=1x10^{-6}

P(X=1)=(6C1)(0.9)^1 (1-0.9)^{6-1}=5.4x10^{-5}

P(X=2)=(6C2)(0.9)^2 (1-0.9)^{6-2}=0.001215

P(X=3)=(6C3)(0.9)^3 (1-0.9)^{6-3}=0.01458

P(X=4)=(6C4)(0.9)^4 (1-0.9)^{6-4}=0.0984

P(X=5)=(6C5)(0.9)^5 (1-0.9)^{6-5}=0.354

P(X=5)=(6C5)(0.9)^6 (1-0.9)^{6-6}=0.531

4 0
3 years ago
1ll mark brainlist pleassee help
Svetllana [295]

Answer:

cat

Step-by-step explanation:

5 0
3 years ago
IQ scores on the WAIS test approximate a normal curve with a mean of 100 and a standard deviation of 15. What IQ score is identi
riadik2000 [5.3K]

Answer:

IQ scores of at least 130.81 are identified with the upper 2%.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the z-score of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Mean of 100 and a standard deviation of 15.

This means that \mu = 100, \sigma = 15

What IQ score is identified with the upper 2%?

IQ scores of at least the 100 - 2 = 98th percentile, which is X when Z has a p-value of 0.98, so X when Z = 2.054.

Z = \frac{X - \mu}{\sigma}

2.054 = \frac{X - 100}{15}

X - 100 = 15*2.054

X = 130.81

IQ scores of at least 130.81 are identified with the upper 2%.

7 0
3 years ago
Determine the number of icecubes in 32 glases qt the rate of 20 ice cubes in 5 glases
Scrat [10]

Answer:

36 ur welcome

4 0
3 years ago
I have 2 similar right angle triangles, CDE and ADG. The length of CDE's hypotenuse is 1/3 the length of ADG's hypotenuse. The a
Orlov [11]
<span>lengths are in ratio 1:3
areas are in ratio
1 : 3</span>²<span> = 1: 9
area of ADG = 9 x 42 = 378 </span>
8 0
3 years ago
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