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Ludmilka [50]
2 years ago
3

A produce supplier ships boxes of produce to individual customers. The distribution of weights of shipped boxes is approximately

normal with mean 36 pounds and standard deviation 4 pounds. Which expression represents the weight, in pounds, at the 75th percentile of the distribution?
Business
1 answer:
Lemur [1.5K]2 years ago
5 0

Answer:

36 + ( 4 × 0.67 )

Explanation:

Data provided:

Mean weight of the boxes = 36 pounds

standard deviation of weight of boxed = 4 pounds

75th percentile

Now,

From the percentile vs z-score table

for 75th percentile, z-score = 0.67

also,

75th percentile  distribution = Mean + ( standard deviation × z-score  )

or

75th percentile  distribution = 36 + ( 4 × 0.67 )

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If an adjustable-rate 30-year mortgage for $120,000 starts at 4.0 percent and increases to 5.5 percent, what is the increase in
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Answer:

The increase in the monthly payment amount is $180

Explanation:

In order to calculate the increase in the monthly payment amount we would have to make the following calculation:

increase in the monthly payment amount=installment increase-installment

installment=(loan amount/1,000)*rate of interest

installment=($120,000/1,000)*4

installment=$480

installment increase=(loan amount/1,000)*rate of interest

installment increase=($120,000/1,000)*5.5

installment increase=$660

increase in the monthly payment amount=$660-$480

increase in the monthly payment amount=$180

The increase in the monthly payment amount is $180

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Managers for an organic grocery chain were deciding whether to open a new store in a neighborhood currently unserved by any comp
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Answer:

Managers for an organic grocery chain were deciding whether to open a new store in a neighborhood currently unserved by any competitors. One manager felt that the lack of competitive presence was an opportunity to capture the newest customers. Another manager viewed the lack of a competitor in the area as an indicator that the local community may not be interested in organic products. This difference in perspective illustrates the concept of Management.

Explanation:

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Managers were proposing different ideas on how to achieve a goal, which is to decide whether to open a new store in a neighborhood currently unserved by any competitors, thus, the difference in their perspective illustrates the concept of Management.

8 0
2 years ago
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Answer:

May list assets and liabilities from least liquid to most liquid.

Explanation:

According to International Financial Reporting Standards IFRS the companies may list their available assets and liabilities in descending order of most liquid to least liquid. It enables the users financial statements to easily assess the time assets will take to be converted into cash. Therefore cash is considered as most liquid and is first item to be presented on the Balance sheet of the company under current assets account.

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$70,000

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100000 *70%

= $70000

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6 0
2 years ago
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Answer:

the same

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