A bag has 5 yellow marbles, 3 red marbles, and 2 blue marbles. Quinn randomly picks a marble from the bag and returns it before
1 answer:
You might be interested in
Answer:
all work is pictured/shown
Complete Question:
The weather forecast for next season calls for a 10% chance of wind, a 20% chance of rain, a 30% chance of clouds, and a 40% chance of sunshine. If there are 90 days in the season,spin the spinner 90 times to simulate the 90-day weather forecast. Which type of weather has the lowest observed frequency?
Answer:
Wind Weather
Step-by-step explanation
From the question above
The sample space(which means the total number of events that we are considering ) = 90 times of spinning which represents the 90 days weather forecast
The chance of wind weather occurring is 10% and its observed frequency of occurrence within the 90 days is = = 9 days
The chance of rain weather occurring is 20% and its observed frequency of occurrence within the 90 days is = = 18 days
The chance of cloud weather occurring is 30% and its observed frequency of occurrence within the 90 days is = = 27 days
The chance of sunshine weather occurring is 40% and its observed frequency of occurrence within the 90 days is = = 36 days
We see from the above calculation that the weather with the lowest observed frequency is Wind weather
Answer:
$66,000
Step-by-step explanation:
Data provided in the question:
Purchasing cost of the machine = $320,000
Salvage value = $20,000
Useful life of the machine = 5 years
The gain on selling of the machine = $6,000
Now,
The annual depreciation of the machine
= [Cost - salvage value] ÷ ( Useful life )
= [ $320,000 - $20,000 ] ÷ 5
= $60,000
Accumulated depreciation from January 1, 2014 to May 1, 2018
= Annual depreciation × (Duration from January 1, 2014 to May 1, 2018 )
= $60,000 × ( 4 years 4 months )
= $60,000 × years
[48 months + 4 months = 52 months]
= $260,000
Therefore,
Book value on May 1, 2018 = Cost - Accumulated depreciation
= $320,000 - $260,000
= $60,000
Now,
Gain = Selling cost - Book value
$6,000 = Selling cost - $60,000
or
Selling cost = $66,000
Hence,
cash Bogle received from the sale of the machinery was $66,000