If you are given he has blond hair, so the total probability will be 35%. And among them, he needs to have blue eyes, its probability is 14% among the 35%. So the final probability is 14%/35%=40%.
Answer:
1. Her weekly gross is $234
2. $421.20 for federal income tax withholding.
3. $174.096 for social security tax
4. $40.716 for medical tax
5. Her net paycheck is $636.012
6. $2808 for her total gross pay
7. $2171.988 is her total net pay
The resultant velocity of the plane is the sum of the two velocity vectors which are perpendicular to each other. See the attached figure.
The magnitude of the resultant velocity is
.
The approximate value of the actual velocity of the plane is
. Correct choice is (D).
Economic Order Quantity
The economic order quantity, that is, the order quantity that minimizes the inventory cost is:
300 cases of tennis balls
Data and Calculations:
Sales of tennis balls for the coming year = 10,000 units
Carrying (holding) costs per case = $10
Cost of placing orders with the manufacturer = $45 per order
Economic Order Quantity (EOQ) = square root of (2 * Annual Demand/Sales * Ordering cost)/Carrying cost per case
= square root of (2 * 10,000 * $45)/$10
= square root of 90,000
= 300 tennis balls
This implies that the distributor will place about 33 orders in the coming year. With each order, the quantity placed is 300 units. This is the economic order quantity that will minimize its inventory cost for the year.
Answer:
Step-by-step explanation:
The question is incomplete. The complete question is:
An insurance company reported that, on average claims for a certain medical procedure are $942. an independent organization constructed a 95% confidence interval of ($930, $950) for the average amount claimed for the particular medical procedure. what conclusion best evaluates the truthfulness of the number reported by the insurance company?
a) with 95% certainty, the average claim for this medical procedure is $942.
b) with 95% certainty, the average claim for this medical procedure is not $942.
c) the confidence interval is consistent with an average claim of $942 for this medical procedure
Solution:
Confidence interval is used to express how confident we are that the population parameter that we are looking for is contained in a range of given values. Looking at the given confident interval, the lower limit is $930 and the upper limit is $950. We can see that the population mean, $942 lies within these values. The correct option would be
c) the confidence interval is consistent with an average claim of $942 for this medical procedure