Given that S<span>am's distribution of meal costs has a mean of $9 and a
standard deviation of $3, this means that the range of Sam's meal cost
that are within one standard deviation is given by ($9 - 3, $9 + 3) =
($6, $12).
Given that Sam </span><span>always tips the server $2
plus 10% of the cost of the meal, this means that when the cost of the
meal is $9, Sam tips $2 + (0.1 x 9) = $2 + $0.9 = $2.90
Therefore, the mean of the distribution of Sam's tips is $2.90
Similarly, the </span><span>range
of Sam's tips that are within one standard deviation is given by ($2 +
0.1(6), $2 + 0.1(12)) = ($2 + 0.6, $2 + 1.2) = ($2.6, 3.2) = ($2.9 -
$0.3, $2.9 + $0.3)
Therefore, </span><span>the standard deviation of the distribution of Sam's tips is $0.3</span>
Changes in board of director configurations over time indicate that currently boards are dominated by outsiders (with over 84 percent being outside board members). Boards are smaller (with most being smaller than 12 members) and a decrease in the percentage of female directors from 15 percent to 12 percent between 2012 and 2016.-This statement is true
Explanation:
The statement in the questions highlights the following facts:-
- 84% of the board members are outsiders.
- Also the size of the Board has been limited to 12 members.So it means that out of the 12 members 84% of the members are outsiders.
- Another fact revealed by the statement is that the percentage of female directors has also been reduced.In the year 2012 the percentage of females holding the position of the director was 15% which has been declined to 12% in the year 2016.
So the statement reflects the changes in the board of director configuration from the year 2012 to 2016.
The statement , currently boards are dominated by outsiders indicates that in the year 2016 the board of directors positions is mainly held by the outsiders.
Answer: Tom and Cindy paid 1.5 discount points.
House Value = $300,000.
Loan-to-Value Ratio (LTV) = 80%
Since LTV is 80%, the total loan (mortgage) value is :
In the real estate context, a point refers to one percent (1%) of the mortgage amount. There is no rule that these points should be in whole numbers.
We can find the number of points paid as follows:
![No. of points paid = (\frac{3600}{240000} )* 100 [/tex][tex] No. of points paid = 1.5 points.](https://tex.z-dn.net/?f=%20No.%20of%20points%20paid%20%3D%20%28%5Cfrac%7B3600%7D%7B240000%7D%20%29%2A%20100%20%5B%2F%3Cstrong%3Etex%5D%3C%2Fstrong%3E%3C%2Fp%3E%3Cp%3E%3Cstrong%3E%5Btex%5D%20No.%20of%20points%20paid%20%3D%201.5%20points.%20)
There are two types of points:
- Discount Points: are actually pre-paid interest on the mortgage loan, and help in lowering the interest rate on the mortgage.
- Origination points : help in covering the costs incurred by the lender in processing the loan.
Answer:
The answer is "1.1"
Explanation:
In the case of a single Interest, the principal value is determined as follows:
In case of discount:
Let income amount = 100, time = 1.5 years, and rate =20 %.
Formula:
A = P(1+rt)
A =P+I
by putting vale in the above formula we get the value that is = 76.92, thus method A will give 76.92 value.
If we calculate discount then the formula is:
P = M(1-rt)
M = 100 rate and time is same as above.
Thus Method B will give the value that is 70
calculating ratio value:
Radio.
Newspapers, only a select people buy them, skywriting only reaches a small amount of people, and many people do not read magazines during workdays. However, radio is effective because most people most likely listen to it before work.
