answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nalin [4]
2 years ago
4

The distribution of the amount of money spent by first-time gamblers at a major casino in Las Vegas is approximately normal in s

hape with a mean of $600 and a standard deviation of $120. According to the standard deviation rule, almost 84% of gamblers spend more than what amount of money at this casino?
Business
1 answer:
Sonja [21]2 years ago
4 0

Answer:

amount of money  = 480

Explanation:

given data

mean = $600

standard deviation SD = $120

amblers spend  = 84%

solution

As here 84% values fall within ±1 SD of mean

so here 16% above = mean +1 × SD

and 16% below = mean -1 × SD  

so by standard deviation rule

about 84% more than = mean -1 × SD  

so here

amount of money = mean  -1 × SD  

amount of money = 600 - 1 × 120

amount of money  = 480

You might be interested in
Zach notices that sales of the company's best products are declining. He gathers together his sales staff to generate solutions
Karolina [17]

Answer:

E) brainstorming.

Explanation:

Based on the scenario being described within the question it can be said that in this situation Zach is using the technique of brainstorming. This term refers to a group creativity technique in which members of the organization come together and spontaneously contribute any and all ideas they may have towards solving a specific problem that the organization is facing.

4 0
2 years ago
There are three popcorn vendors at a local tournament. Collectively, the vendors sold 3,000 boxes of popcorn throughout the tour
mario62 [17]

Answer:Ally's Eats  and Gameday Grub

Explanation:

7 0
2 years ago
Gentry Inc. purchased 90% of Gaspard Farms on January 5, 2019. During 2019, Gentry sold Gaspard Farms for $650,000 goods which h
Wewaii [24]

Answer:

$5572500

Explanation:

consolidated cost of goods sold for 2020 would be:

consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )

= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}

= 6600000 - 1040000 - ( 97500 * 45/65 )

= $5572500

3 0
2 years ago
You own 180 shares of stock in Halestorm, Inc., that currently sells for $82.45 per share. The company has announced a dividend
bearhunter [10]

Answer:

New stock value = $79.40

Total stock value = $14,292

Explanation:

GIVEN the following ;

Number of shares of stock = 180

Current price = $82.45 per share

Dividend = $3.05 per share.

Ex dividend date = February 4

Value of stock on February 4 =?

The Ex dividend date may be regarded as the day whereby payment of dividend and reinvestment is held.

Assuming no taxes, The value of the stock will drop by the same amount of the current dividend on February 4.

Therefore,

New stock value = current stock price - dividend per share

New stock price = $82.45 - $3.05 = $79.40

New stock value = $79.40 per share.

Total stock value :

$79.40 × 180 = $14,292

3 0
2 years ago
Sparkling Valley, a luxury resort, prices cottages facing the lake higher than cottages that do not, even though the cottages an
kicyunya [14]

Answer:

Location grounded pricing

Explanation:

Location grounded pricing is the term which is defined as the prices of the items at the location level or at the company. This method of pricing let the business to define the different price base for the same item or product at different locations of inventory.

In short, it is defined as when the business change the price base of the product or item at one location, it will affect the price base at other locations.

So, in this case, the resort, set the price base for cottages facing the lake higher than those of cottages which do not face lake. Therefore, it kind of pricing is referred to as the location based pricing.

6 0
2 years ago
Other questions:
  • Chester's product manager is considering lowering the price of the Cone product by $2.50 and wants to know what the impact will
    7·1 answer
  • Mr. Jackson purchases a home for $90,000. He paid $4,000 as an earnest money deposit, and is obtaining an 80% loan. Costs includ
    9·1 answer
  • A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cos
    10·1 answer
  • Company C is identical to Company D in every respect except that Company C uses LIFO and Company D uses average costs. In an ext
    12·1 answer
  • The publisher of Lifting Life, a magazine and website about weightlifting, wants to develop a clear picture of how readers of th
    9·1 answer
  • Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manu
    7·1 answer
  • George runs a small retail business. He sells brands that another business manufactures. George’s retail store uses the logos an
    5·1 answer
  • The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $880,000,
    14·1 answer
  • Shannon and Ian, student consultants, chose a home construction business as a client for a semester strategic planning assignmen
    12·1 answer
  • a major coffee retailer is looking to implement an enterprise platform. in particular, the company is looking to improve its sup
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!