Tutors Answer Your Questions about Finance (FREE)
Question 971859: The ages of employees at a particular company have a mean of 39. The distribution of sample means for samples of size 200 is normal with a mean of 39 and a standard deviation of 0.79. Suppose you take a sample of size 200 employees from the company and find that their mean age is 41.3. How many standard deviations is the sample mean above the mean of the sampling distribution?
the answer is 2.9 please show work
Click here to see answer by stanbon(75887) |
Question 972866: You invest $1,600 in an account that pays an interest rate of 6.5%, compounded continuously. Calculate the balance of your account after 6 years. Round your answer to the nearest hundredth. *PLEASE ROUND TO THE NEAREST HUNDREDTH.
Click here to see answer by solver91311(24713)  |
Question 972770: A bicyclist started on his trip from city A to city B. In 1 hour and 36 minutes, a biker also left A and headed towards B, and he arrived there at the same time as the bicyclist. Find the speed of the bicyclist if it is less than the speed of the biker by 32 km/hour, and the distance between the two cities is 52 km.
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 972771: Two automobiles leave the same city simultaneously and both head towards another city. The speed of one is 10 km/hour greater than the speed of the other, and this is why the first automobile arrives at the destination 1 hour before the other. Find the speed of both automobiles knowing that the distance between the two cities is 560 km.
Click here to see answer by lwsshak3(11628) |
Question 972769:
The numerator of a fraction (which is in its simplest form) is 5 less than the denominator. If the numerator is multiplied by 2, and the denominator is increased by 16, then the fraction becomes smaller by 1
3
of it. Find the original fraction.
Click here to see answer by Theo(13342)  |
Question 972970: Blogging. A business owner's blog can be an effective marketing and advertising tool. The return on investment r of a blog can be estimated by
r = tmap
____
hs,
t is the average number of visits to the blog each day. m is the percentage of blog visitors who purchase merchandise. a is the average order size. p is the percentage of the average order that is profit. h is the number of hours spent blogging each day. and s is the hourly salary of the blogger. A return on investment less than 1 indicates that the blog is costing the company money.
Tomas earns $30 per hour writing a blog for his company. It takes him 4 hrs per day to write the blog, and 5% of the blog visitors buy merchandise, with an average order size of $100 and a profit percentage of 15%. He calculates the return on investment to be 3.2. What is his average daily blog traffic?
Click here to see answer by macston(5194)  |
Question 973025: If the selling price x is related to profit p by the equation p=5000x−125x^2
i)For what range of values of x is the profit increasing?
ii)For what range of values of x is the profit decreasing?
iii)Determine the value of x that would yield maximum profit.
iv)Determine the maximum profit.
Click here to see answer by Edwin McCravy(20055)  |
Question 974017: Find the equation of the straight line which is parallel to the line whose equation is 3x+4y = 0, and which passes through the point of intersection of the lines x-2y = a an x+3y = 2a. Express the answer in Ax+By = C. Please show steps as well.
Click here to see answer by josgarithmetic(39617) |
Question 974165: For a parade a teacher arranged all the pupils of his class in rows of 12 and then in rows of 16. He noticed that each time 3 pupils were left out. Calculate the number of pupils in the class
Click here to see answer by KMST(5328)  |
Question 974290: Please explain in detail the previous question as the previous tutor replied only with the answer. Thanks much
In a group of 40 people the ration of men to women is 3:1. How many women must join the group so that the ratio of men to women becomes 5:4?
Click here to see answer by josgarithmetic(39617) |
Question 974532: Two men start from two places 50 km apart.when they travel in opposite directions,they meet in two hours.when they travel in the same direction,one overtakes the other in five hours.Determine their respective rates of traveling
Click here to see answer by lwsshak3(11628) |
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