Answer:
city mileage standard deviation for this SUV model is 2.34 mpg
Explanation:
given data
mean = 15.2 mpg
company indicated SUV more than 17 mpg = 22 %
to find out
city mileage standard deviation
solution
we know here that
P(Z > 0.77) is = 0.22
so here z is
z = 0.77
and
we use here z-score formula that is
mean x = z × 
+ 
................1
so
= ( x - ) ÷ z ................2
put here value and we get
= 
= 2.34
so city mileage standard deviation for this SUV model is 2.34 mpg
Answer:
20.1%
Explanation:
The computation of the simple rate of return is shown below;
= (operating cost - depreciation) ÷ (purchase of new machine - scrap value)
= ($145,500 - $50,500) ÷ ($505,000 - $35,000)
= ($94,500) ÷ ($470,000)
= 20.1%
hence, the simple rate of return is 20.1%
The same would be considered and relevant
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
1 Pound T-bone:
Selling price ($7.95 per pound) $ 7.95
Joint costs= $3.80
Profit per pound $ 4.15
Further process:
It costs $0.55 to further process one T-bone steak.
6-ounce filet mignon and one 8-ounce New York cut.
The filet mignon can be sold for $12.00 per pound, and the New York cut can be sold for $8.80 per pound.
A) Filet mignon: $12.00 pound
1 ounce= 16 ounce
0.375= 6 ounce
Price= 0.375*12= $4.5
New York cut= $8.80 a pound
Price= 0.5*8.80= $4.4
Sales= 4.5+4.4= $8.9
Costs= 3.80 + 0.55= 4.35
Profit= $4.55
B) It is more profitable to further process the T-bone stake by $0.40.
