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Question 176543: Binomial problems: Basic
Suppose that the New England Colonials baseball team is equally likely to win a game as not to win it. If Colonials games are chosen at random, what is the probability that exactly 4 of those games are won by the Colonials?
Round your response to at least three decimal places.
Click here to see answer by stanbon(75887) |
Question 176544: home security system is designed to be triggered in 96% of attempted burglaries. If 10 homes equipped with such a system experience an attempted burglary, find the probability that fewer than 9 alarms are triggered. Round your answer to four decimal places.
Click here to see answer by stanbon(75887) |
Question 176542: The workers' union at a certain university is quite strong. About of all workers employed by the university belong to the workers' union. Recently, the workers went on strike, and now a local TV station plans to interview a sample of workers, chosen at random, to get their opinions on the strike.
Estimate the number of workers in the sample who are union members by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.
Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.
Click here to see answer by stanbon(75887) |
Question 176746: Can someone please, please help me with this problem:
Wall Company incurred $30,000 of fixed cost and $40,000 of variablecost when 2,000 units of product were made and sold. If the company's volume doubles, the cost per unit will
a. stay the same
b. double as well
c. increase but willnot double
d. decrease
Click here to see answer by MathTherapy(10552)  |
Question 176758: Can someone please, please help me with this problem:
What amount of cash would result at the end of one year, if $17,000 is invested today and the rate of return is 10%?
a. $17,000
b. $18,530
c. $18,700
d. none of the above
Click here to see answer by stanbon(75887) |
Question 176770: Can someone please, please help me with this problem:
Prater Company made a $100,000 investment in new machinery. Assuming the company's margin is 4%, what income will be earned if the investment generates $300,000 in additional sales?
a. $40,000
b. $12,000
c. $200,000
d. none of the above
Click here to see answer by Mathtut(3670) |
Question 176799: Can someone please help me with this:
Johansson Company developed the following static budget at the beginning of the company's accounting period:
Revenue(8,000 units) = $16,000
Variable Costs = 4,000
Contribution margin = $12,000
Fixed costs = 4,000
Net income = $8,000
If actual production totals 8,400 units, the flexible budget would show variable costs of:
a. $16,400
b. $4,000
c. $4,100
d. $4,200
Click here to see answer by Mathtut(3670) |
Question 176800: Can someone please help me with this:
Lighthouse Tours provide seven-day guided tours along the New England coast. The company pays its guides a total of $100,000 per year. The average cost of supplies, lodging and food per customer is $500. The company expects a total of 500 customers during the period January - June, and a total of 1,500 customers from July through December. Lighthouse wants to earn $200 per customer. For promotional reasons the company desires to charge the same price throughout the year. Based on this information, what is the correct price per customer?(Round to the nearest dollar)
a. $550
b. $600
c. $750
d. $800
Click here to see answer by gonzo(654) |
Question 177139: Please help!
1.) A blimp that usually goes y mph in still air, when a 10 mph tail wind is blowing?
2.) A boat traveling upstream on Pine Creek, which has a current of 2 mph. The boat usually goes z mph in still water.
3.) The plane flew to Omaha and then returned. The speed of the plane in still air was 100 mph more than the wind speed.
r t d
x + y 2 2(x + y)
x - y 3 3(x - y)
4.) The distance traveled by a jet in 12 hours at x mph. (symbolic expression)
Click here to see answer by ankor@dixie-net.com(22740)  |
Question 176761: Can someone please help me with this problem:
A company sells a product at $60 per unit that has unit variable costs of $40. The company's break-even sales volume is $120,000. How much profit will the company make if it sells 4,000 units?
a. $240,000
b. $40,000
c. $80,000
Click here to see answer by gonzo(654) |
Question 176745: Can someone please, please help me with this problem:
Zoro, Inc produces a product that has a variable cost of $6.00 per unit. The company's fixed costs are $30,000. The product sells for $10.00 a unit and the company desires to earn a $20,000 profit. What is the volume of sales in unit required to achieve the target profit?
a. 5,000
b. 7,500
c. 8,333
d. 12,500
Click here to see answer by gonzo(654) |
Question 178323: Please help! This is my last assignment and I'm having trouble! Below the paragraph is what I attempted.
Take the current amount you have in your checking or savings account. Suppose you have a choice of keeping your money for five years in a savings account with a 2% interest rate, or in a five year certificate of deposit with and interest rate of 4.5%. Calculate how much interest you would earn with each option over five years time with continuous compounding.
The amount of money in my saving is account is 5,326.00.
A=5,326(1+2%)5
A=?
A=5,326(1+4.5%)5
A=?
Click here to see answer by cartert(27) |
Question 179200: Can someone please help me with this problem:
Wall Company incurred $30,000 of fixed cost and $40,000 of variable cost when 2,000 units of product were made and sold. If the company's volume doubles, the cost per unit will:
a. stay the same
b. double as well
c. decrease
Click here to see answer by Mathtut(3670) |
Question 180265: Please explain how to work this formula.
A company collects 60% of its sales during the month of sale, 30% one month after the sale & 10% two months after the sale. Expected sales are: $10,000 in August, $20,000 in September, $30,000 in October, & $40,000 in November. How much cash is expectedn to be collected in October.
I came up with $25,000 however, I'd feel better if I knew the actual formula to work simular problems.
Click here to see answer by Mathtut(3670) |
Question 180308: Please help with the formula use to solve the following problem:
A company is considering borrowing $5000 for a 90 day period. The firm will repay the $5000 principle amount plus $150 in interest. What is the effective annual rate of interest? Use a 360-day year.
Click here to see answer by stanbon(75887) |
Question 181191: Please help with this trick question:
Which of the following has the highest interest rate risk?
A. A 20-year U.S. Treasury Bond
B. Bendix Corporation's month commercial paper
C. A six month money market certificate at a federally insured bank
D. A Southwest Airlines bond maturing in 4 years
I dont think its A nor D, its B and C that have me stumped
Click here to see answer by Mathtut(3670) |
Question 181198: Please help:
If you compare the yield of a municipal bond with that of a treasury bond, what is the equivalent before-tax yield of a municipal bond yielding 6% per year for an investor in the 25% tax bracket?
I got 4.0%
Please help and thank you in advance.
Click here to see answer by Mathtut(3670) |
Question 181697: With cell phones being so common these days, the phone companies are all competing to earn business by offering various calling plans.
One of them, Horizon, offers 700 minutes of calls per month for $45.99, and additional minutes are charged at 6 cents per minute.
Another company, Stingular, offers 700 minutes for $29.99 per month, and additional minutes are 35 cents each.
For how many total minutes of calls per month is Horizon's plan a better deal?
Click here to see answer by Mathtut(3670) |
Question 182031: ON A CERTAIN DAY, THE NUMBER OF BRITISH POUNDS (P) THAT COULD BE OBTAINED FOR (E) EUROS IS MODELED BY P=1.48598E. ALSO THE NUMBER OF EUROS (E) THAT COULD BE OBTAINED FOR (D) US DOLLARS IS MODELED BY E=1.22660D. HOW MANY U.S. DOLLARS COULD BE OBTAINED FOR 1000 BRITISH POUNDS.
Click here to see answer by tvandenberg(45) |
Question 183028: Jason comapred 2 brands of cooking oil sold in different size bottles
Brand A: 24 ounces for $1.68
Brand B: 32 ounces for $ 2.40
determine which brand has the betterr unit price
ok so i tried solving it by reducing 24 ounces to 3 and 1.68 dollars to .21 by dividing both numbers by 8
i did the same with 32 and 2.40
but if they were asking for the unit price, theyde probably want just 1 ounce and not 3 or 4. so thats where i need help. please help me
Click here to see answer by user_dude2008(1862) |
Question 183712: Toni can be paid in one of two ways:
a) a salary of $400 per month, plus a commission of 8% of gross sales
b) a salary of $610 per month, plus a commission of 5% of gross sales
For what amount of gross sales should Toni select plan A?
Click here to see answer by stanbon(75887) |
Question 183736: the amount of an investment of P dollars for t years at simple interest rate r is given by A=P+Prt.
A) rewrite this formula by factoring out the GCF on the right-hand side.
B) find A if $830 is invested for 3 years at a simple interest rate of 15%.
Click here to see answer by math_il(6) |
Question 184161: A farmer has 120 yards of fencing to build around a rectangular orchard. Let w be the width of the orchard. Write an equation giving the area of the orchard. Find the dimensions of the orchard when the area is 900 square yards.
Click here to see answer by stanbon(75887) |
Question 184256: The trajectory of a potato launched from a potato cannon on the ground at an angle of 45 degrees with an initial speed of 65 meters per second can be modeled by the parabola: f(x)= x - 0.0023x2, where the x-axis is the ground. Find the height of the highest point of the trajectory and the horizontal distance the potato travels before hitting the ground.
Click here to see answer by stanbon(75887) |
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