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2 years ago

The mean of a set of credit scores is u=690 and o=14. Which statement must be true?

Business

2 answers:

oksian1 [2.3K]2 years ago

6 0

Z690 is between 2 and 3 standard deviations of the mean.

Option C

Explanation:

A Credit score is a factual number that understands and finds out a buyer's reliability. This assessment usually depends using the customer's credit card history.

Moneylenders use FICO ratings to assess the likelihood that an individual will be able to reimburse their obligations. An individual's FICO rating ranges from 300 to 850, and the higher the score, the more monetarily dependable or affordable an individual is.

The FICO assessment model was made by the Fair Isaac Corporation, otherwise called FICO, and it is utilized for and by money related organizations. While there are other credit-scoring frameworks, the FICO score is by a long shot the most usually utilized, easy and more valued and viewed better.

Shoppers can have high scores by keeping up a long history of taking care of their tabs on schedule and keeping their obligation low. As a gist A credit score plays a very important role in a lender's decision to offer an individual credit.

tensa zangetsu [6.8K]2 years ago

3 0

Answer: c

Explanation:

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Which of the following factors can impact your monthly auto insurance premium?

erastova [34]

Answer:

The correct answer is: Your age, driving record, and annual mileage.

Explanation:

Auto insurances take into account several risk factors at the moment of evaluating what type of coverage insureds should purchase. Individuals' age (higher premium if older), driving record (higher premium if negative), and average annual mileage (higher premium the more mileage) are key factors insurance companies tend to consider to find out what is the most convenient policy for those people and based on that, the premium that will be charged every month.

6 0

2 years ago

Camden Corporations agreed to build a warehouse for a client at an agreed contract price of $ 900,000. Expected (and actual) cos

weqwewe [10]

Answer:

Key figures:

2016:

Revenue = $270,000

Expenses = $202,500

Income = $67,500

2017:

Revenue = $450,000

Expenses = $337,500

Income = $112,500

2018:

Revenue = $180,000

Expenses = $135,000

Income = $45,000

Explanation:

Under this method, percentage of work completed is determined using the following formula:

Percentage of work completed = (Total Expenses incurred on the project till the close of the accounting period) ÷ (Total Estimated Cost of the Contract)

Total estimated cost = $202,500 + $337,500 + $135,000 = $675,000

2016:

Percentage of work completed = ($202,500 ÷ $675,000)×100 = 30%

Expenses in 2016 = $202,500 (answer)

Revenue in 2016 = $900,000 × 30% = $270,000 (answer)

Income in 2016 = Revenue - Expenses

Income in 2016 = $270,000 - $202,500

Income in 2016 = $67,500 (answer)

2017:

Percentage of work completed = ($337,500 ÷ $675,000)×100 = 50%

Expenses in 2017 = $337,500 (answer)

Revenue in 2017 = $900,000 × 50% = $450,000 (answer)

Income in 2017 = Revenue - Expenses

Income in 2017 = $450,000 - $337,500

Income in 2017 = $112,500 (answer)

2018:

Percentage of work completed = ($135,000 ÷ $675,000)×100 = 20%

Expenses in 2018 = $135,000 (answer)

Revenue in 2018 = $900,000 × 20% = $180,000 (answer)

Income in 2018 = Revenue - Expenses

Income in 2018 = $180,000 - $135,000

Income in 2018 = $45,000 (answer)

4 0

2 years ago

Isabella needs to create a mini-presentation with her group for an advertising campaign project in her marketing class. What typ

Eva8 [605]

Answer: Social learning

Explanation:

Isabella is involved in social learning with her learning group, in preparation for her mini-presentation on an advertisement campaign.

Social learning involves a form of learning done in groups where ideas are exchanged and learning is enhanced.

5 0

2 years ago

Kasravi Co. had net income for 2011 of $300,000. The average number of shares outstanding for the period was 200,000 shares. The

yuradex [85]

Answer:

$1.49 per share

Explanation:

The calculation of diluted earnings per share is given below:-

Diluted shares outstanding= $200,000 + 12,000 × ($36 - $30) ÷ 36

= $200,000 + 12,000 × 6 ÷ 36

= $200,000 + 2,000

= $202,000

Diluted earnings per share = Net income ÷ Diluted shares outstanding

= $300,000 ÷ $202,000

= $1.49 per share

Therefore for computing the diluted earnings per share we simply divide the net income by diluted shares outstanding.

5 0

2 years ago

Which of the following is not an input to the aggregate planning process? A. demand forecast B. cost information C. policies on

ale4655 [162]

Answer:

The correct answer is E. master production schedules.

Explanation:

Master production schedules is not an input to the aggregate planning process all other options are its input,

Aggregate planning process is an attempt to respond to predicted demand within the constraints set by product, process and location decisions.

Hence, master production schedules is not a relevant input for this planning process but can be a result of the aggregate planning process. In other words master production schedule is formed after aggregated planning has been completed.

6 0

2 years ago

Read 2 more answers