The Magazine Mass Marketing Company has received 15 entries in its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 15 entries in its latest sweepstakes. They know that the probability of receiving a magazine subscription order with an entry form is 0.5. What is the probability that exactly 2 of the entry forms will include an order? Round your answer to four decimal places.
Homework Answers
![Answer: Criven no 15 X = 2 P:0.5 I-D=1-0.5 =0.5 using binomial potability formule PLX=x) = Q paci-P]n-4 P(x+2) = (3) 60-53 (0](http://img.homeworklib.com/questions/a0ae0570-1b95-11eb-8682-5f0c473f1b1a.png?x-oss-process=image/resize,w_560)
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The Magazine Mass Marketing Company has received 15 entries in
its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 15 entries in its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 15 entries in its latest sweepstakes. They know that the probability of receiving a magazine subscription order with an entry form is 0.6 . What is the probability that no less than 4 of the entry forms will include an order? Round your answer to four decimal places.
The Magazine Mass Marketing Company has received 20 entries in its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 20 entries in its latest sweepstakes. They know that the probability of receiving a magazine subscription order with an entry form is 0.5 What is the probability that between 2 and 4 (both inclusive) entry forms include an order? Round your answer to four decimal places.
The Magazine Mass Marketing Company has received 14 entries in its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 14 entries in its latest sweepstakes. They know that the probability of receiving a magazine subscription order with an entry form is 0.3. What is the probability that less than 6 of the entry forms will include an order? Round your answer to four decimal places.
The Magazine Mass Marketing Company has received 18 entries in its latest sweepstakes. They know that...
The Magazine Mass Marketing Company has received 18 entries in its latest sweepstakes. They know that the probability of receiving a magazine subscription order with an entry form is 0.4 What is the probability that between 7 and 10 (both inclusive) entry forms include an order? Round your answer to four decimal places.
On May 16, 2019, Safeway Company received a 90-day, 9 percent, $6,000 interest-bearing note from Black...
On May 16, 2019, Safeway Company received a 90-day, 9 percent,
$6,000 interest-bearing note from Black Company in settlement of
Black's past-due account. On June 30, Safeway discounted this note
at Fargo Bank and Trust. The bank charged a discount rate of 14
percent. On August 15, Safeway received a notice that Black had
paid the note and the interest on the due date.
Required: Prepare the entries in general journal form to record
these transactions.
Analyze: If the company...
A soft drink company has recently received customer complaints about its one-liter-sized soft drink products. Customers...
A soft drink company has recently received customer complaints about its one-liter-sized soft drink products. Customers have been claiming that the one-liter-sized products contain less than one liter of soft drink. The company has decided to investigate the problem. According to the company records, when there is no malfunctioning in the beverage dispensing unit, the bottles contain 1.02 liters of beverage on average, with a standard deviation of 0.14 liters of beverage on average, with a standard deviation of 70...
Bridgeport Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares,...
Bridgeport Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares, no par value $6 cumulative, 460,000 shares authorized, 200.000 shares issued and outstanding Common Shares, no par value, unlimited shares authorized 450.000 shares issued and outstanding $42,000,000 $12.150.000 The following transactions occurred in the order given, during 2022: (a) April 15: Received subscriptions and down payments for 108,000 common shares at $36 per share. The subscription contracts call for 65% of the subscription price...
Pronghorn Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares,...
Pronghorn Corporation showed the following information on its
financial statements on December 31, 2021:
Preferred Shares, no par value $5 cumulative, 380,000 shares
authorized,
190,000 shares issued and
outstanding
$34,200,000
Common Shares, no par value, unlimited shares authorized,
450,000 shares issued and
outstanding
$13,500,000
The following transactions occurred, in the order given, during
2022:
(a)
April 15: Received subscriptions and down payments for 115,000
common shares at $38 per share. The subscription contracts call for
55% of the subscription price...
Grouper Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares,...
Grouper Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares, no par value $8 cumulative, 400,000 shares authorized, 140,000 shares issued and outstanding $28,000,000 Common Shares, no par value, unlimited shares authorized, 460,000 shares issued and outstanding $12,420,000 The following transactions occurred, in the order given, during 2022: (a) April 15: Received subscriptions and down payments for 117,000 common shares at $36 per share. The subscription contracts call for 65% of the subscription price...
Problem 9-06A a-c Pharoah Company closes its books on its July 31 year-end. The company does...
Problem 9-06A a-c Pharoah Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $23,600. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 Coote Inc. $5,600 90 days July 20 7% May 25 Brady Co. 7,200 60 days July 24 9% June 30 BMG Corp. 10,800 6 months December 31...
On May 16, 2019, Safeway Company received a 90-day, 9 percent,
$6,000 interest-bearing note from Black Company in settlement of
Black's past-due account. On June 30, Safeway discounted this note
at Fargo Bank and Trust. The bank charged a discount rate of 14
percent. On August 15, Safeway received a notice that Black had
paid the note and the interest on the due date.
Required: Prepare the entries in general journal form to record
these transactions.
Analyze: If the company...
Bridgeport Corporation showed the following information on its financial statements on December 31, 2021: Preferred Shares, no par value $6 cumulative, 460,000 shares authorized, 200.000 shares issued and outstanding Common Shares, no par value, unlimited shares authorized 450.000 shares issued and outstanding $42,000,000 $12.150.000 The following transactions occurred in the order given, during 2022: (a) April 15: Received subscriptions and down payments for 108,000 common shares at $36 per share. The subscription contracts call for 65% of the subscription price...
Pronghorn Corporation showed the following information on its
financial statements on December 31, 2021:
Preferred Shares, no par value $5 cumulative, 380,000 shares
authorized,
190,000 shares issued and
outstanding
$34,200,000
Common Shares, no par value, unlimited shares authorized,
450,000 shares issued and
outstanding
$13,500,000
The following transactions occurred, in the order given, during
2022:
(a)
April 15: Received subscriptions and down payments for 115,000
common shares at $38 per share. The subscription contracts call for
55% of the subscription price...
Problem 9-06A a-c Pharoah Company closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $23,600. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 Coote Inc. $5,600 90 days July 20 7% May 25 Brady Co. 7,200 60 days July 24 9% June 30 BMG Corp. 10,800 6 months December 31...
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