The amount of money a customer spends in one trip to the supermarket is known to have an exponential distribution. Suppose the average amount of money a customer spends in one trip to the supermarket is $72. What is the probability that one customer spends less than $72 in one trip to the supermarket? Select one: a. 0.3714 b. 0.6321...
UEsIIUhs While receiving a report from a nurse, you are told that a voung toddler has been left alone while his parents attended to issues at work. The plan, as described to you, is that the child will be alone fo about 4 hours, and then a grandparent will come and stay with the child until one of the parents...
Chapter 03, Problem 010 (Video Solution) In order to buy a car, you borrow $32,500 from a friend at 14%/year compounded monthly for 4 years. You plan to repay the loan with 48 equal monthly payments ▼ Part a Your answer is correct. 888.23per month How much are the monthly payments? Round entry to two decimal places. The tolerance is...
The scores of students on the SAT college entrance examinations at a certain high school had a normal distribution with mean μ=553.3 and standard deviation σ=28.6.Round z-scores to 2 decimal places and give probabilities to 4 decimal places. (a) What is the probability that a single student randomly chosen from all those taking the test scores 558 or higher? ANSWER:...
Fact Pattern: Zeta Company is preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the information given in the next column: Wall Specialty Mirrors Windows Units produced 25 25 Material moves per product line 5 15...
3,4,5,6. can you explain me how to do it!
3. (10 pts) Six years from today you need $600,000. You plan to deposit $5000 monthly, with the first payment to be made now. into an account that pays 12 percent effective annual rate. Will you have enough saved? Show the work to support your conclusion, (10 pts) Tom plans to...
Honeybees accumulate charge as they fly, and they transfer charge to the flowers they visit. Honeybees are able to sense electric fields; tests show that they can detect a change in field as small as 0.77 N/C. Honeybees seem to use this sense to determine the charges on flowers in order to detect whether or not a flower has been...
5
The auditors of Landi Corporation wish to use a structured approach to nonstatistical sampling to evaluate the ndihas 12,400 receivable accounts with a total book value of $2,665,000 The auditors have assessed the combined level of inherent and control risk at a moderate level and believe that their other substantive procedures are so limited as to require a "maximum"...
1. A Consider the following nonhomogeneous differential equation: j(t) + (a - b)y(t) - aby(t) = x(t). Assume a and b are both strictly positive. The answers to nearly all of the questions below will be in terms of a and b. (a) (5 points) Is this system internally stable or unstable? Why? (b) (10 points) For arbitrary inital conditions...
Hi, could you please help me with the following question.
Explain in as much detail as possible please so I can practice
it.
Thank you for your help!
Suppose that the demand and supply curves for a monthly broadband plan can be represented by: QD= 100 - P Qs =-50 + 2P The current price of these plans in the...