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mariarad [96]
2 years ago
12

On Mr. Casper’s debate team at Thunderbird High School, 20% of the members are Sophomores, 35% are Juniors and 45% are Seniors.

A team member is selected randomly to give the closing argument for the team. If a sophomore gives the closing argument, the team has a probability of 0.25 of winning the debate. If a junior gives the closing argument, the probability of winning is 0.6. If a senior closes, the probability of winning is 0.85.
Business
1 answer:
balandron [24]2 years ago
4 0

Answer:

here is a 63.25% for winning the debate given the student distribution and the chance of success  of each type of student.

Explanation:

As the student will be picked at random we can determiante the expected value by doing a weighted average:

\left[\begin{array}{cccc}$Student&$Return&$Probability&$Weight\\$Sophomore&0.2&0.2&0.04\\$Junior&0.6&0.35&0.21\\$Senior&0.85&0.45&0.3825\\Total&&1&0.6325\\\end{array}\right]

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Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. Some in
Vanyuwa [196]

Answer:

A

Explanation:

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6 0
2 years ago
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A new machine costs $200,000 and has a useful life of 5 years, with a salvage value of $30,000. It will cost $5,000 to dismantle
aleksley [76]

Answer:

The book value at the end of year 3 is $100,000

Explanation:

Yearly Depreciation =(cost+cost of dismantling-salvage value)/useful life

cost is $200,000

cost of dismantling is $5000

salvage value is $30000

useful life is 5 years

Yearly depreciation=(200000+5000-30000)/5

Yearly depreciation=$35000

Depreciation for three years=$35000*3

                                               =$105000

Book value at the end of year 3=total cost of machine-three years' depreciation

Book value at end of year 3=$200000+$5000-$105000

Book value at the end of year 3=$100,000

7 0
2 years ago
Current assets and current liabilities for Brayden Company are as follows: 20Y9 20Y8 Current assets $498,600 $532,400 Current li
GuDViN [60]

Answer:

Working Capital -2019  =$229300

Working Capital -2018 = $230900

Explanation:

Working capital is the operating capital of the business that is used in the day to day running or the business and is a metric for the liquidity of the business. It is necessary for the operations of the business and is calculated as the difference between the current assets and the current liabilities.

Working Capital = Current Assets - Current Liabilities

Working Capital -2019 = 498600 - 269300  =$229300

Working Capital -2018 = 532400 - 301500  = $230900

4 0
2 years ago
Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp or 60 thousand pounds of ric
Elden [556K]

Answer:

(a) 3 pounds of shrimp

(b) 5 pounds of shrimp

Explanation:

Opportunity costs refers to the costs or benefits that are foregone to select some other alternative.

Vietnam can produce 180,000 pounds of shrimp or 60,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 180,000 ÷ 60,000

                                                                                  = 3 pounds of shrimp

Ecuador can produce 130,000 pounds of shrimp or 26,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 130,000 ÷ 26,000

                                                                                  = 5 pounds of shrimp

Therefore,

According to the principle of comparative advantage, the Vietnam has a comparative advantage in producing rice because it has a opportunity cost of producing rice than Ecuador.

7 0
2 years ago
Students are going through a three-step process to obtain their ID cards.
IRINA_888 [86]

Answer:

The correct answer is both A and C

Explanation:

Solution

Given that:

The Process 1 Registration, Capacity = 0.5 registration per minute (1/2)

The Process 2 Cashier, Capacity = 1*3 / 10 = 3/10 = 0.3 payments per minute

The Process 3 , Photo ID, Capacity = 1*4 / 20 = 0.2 ID per minute

Now

The Time taken for process a unit is minimum of Demand rate / Lowest process capacity

so, the flow rate = 0.2 student per minute or 5 minute per student

Thus,

The total time = 20 * 5 = 100 minutes.

4 0
2 years ago
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