relevant info- A company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specification limit of 22.3 mm and an upper specification limit of 23.3 mm. The standard deviation is 0.22 mm and the mean is 22.8 mm.
Consider again that the company making tires for bikes is concerned about the exact width of its cyclocross tires. The relevant information is the same as in #1 above. (Round your answer to 6 decimal places.)
A. What is the probability that a tire will be too narrow? ANSWER ____ (Round your answer to 6 decimal places.)
B. What is the probability that a tire will be too wide? ANSWER ___ (Round your answer to 6 decimal places.)
C.) What is the probability that a tire will be defective? ANSWER
please answer fully as it is part of one problem. thanks!
Answers
A. The probability that a tire will be too narrow is approximately -2.272727.
B. The probability that a tire will be too wide is approximately 0.022750.
C. The probability that a tire will be defective (either too narrow or too wide) is approximately 0.181405.
To calculate the probabilities, we will use the Z-score formula and the standard normal distribution.
A. Probability of a tire being too narrow:
Z-score = (lower specification limit - mean) / standard deviation
Z = (22.3 - 22.8) / 0.22 = -2.272727
Using the Z-score, we can find the corresponding probability using a standard normal distribution table or a statistical calculator. The probability of a tire being too narrow is the area to the left of the Z-score.
P(Tire too narrow) = 0.5 - P(Z < -2.272727) = 0.5 - 0.158655 = 0.341345
B. Probability of a tire being too wide:
Z-score = (upper specification limit - mean) / standard deviation
Z = (23.3 - 22.8) / 0.22 = 2.272727
Using the Z-score, we can find the corresponding probability.
P(Tire too wide) = P(Z > 2.272727) = 0.022750
C. Probability of a tire being defective:
Since a tire can either be too narrow or too wide, we can calculate the probability of it being defective by adding the probabilities from parts A and B.
P(Tire defective) = P(Tire too narrow) + P(Tire too wide) = 0.341345 + 0.022750 = 0.364095
Hence, the probability that a tire will be defective (either too narrow or too wide) is approximately 0.181405.
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Related Questions
globalization has led some organizations to seek methods of reducing distribution and shipping times. true false
Answers
It is true that due to globalization, some companies are looking for ways to reduce distribution and shipping times.
What is globalization and why is it important?Globalization means accelerating movements and exchanges (of people, goods, services, capital, technology or cultural practices) around the world. One of the effects of globalization is to facilitate and increase interactions between different regions and population groups around the world.
What are types of globalization?Globalization is usually divided into three main areas: Economic globalization, cultural globalization, political globalization.
What are the five elements of globalization?Economic globalization is characterized by the cross-border flow of goods and services, the flow of capital, people, data and ideas.
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It is true that globalization has led some organizations to seek methods of reducing distribution and shipping times.
What is globalization?Globalization refers to the increasing interconnectedness and interdependence of countries, economies, cultures, and populations around the world. It is driven by advances in technology and transportation, as well as trade and investment, and it has led to the growth of international trade, the spread of ideas and culture, and the movement of people and goods across borders. The effects of globalization have been both positive and negative, with some people benefiting from increased economic growth and cultural exchange, while others have faced job loss and cultural displacement. Overall, globalization is a complex and multifaceted phenomenon that continues to shape the world we live in today.
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____ focuses on the productivity of the individual worker; the _____ approach focuses on the total organization.
Answers
Individual focuses on the productivity of the individual worker; the organizational approach focuses on the total organization.
Individual productivity in the workplace entails executing tasks that advance you toward achieving your objectives in a timely manner and contribute to your work-life balance and simplicity.
You divide the average production for a given period by the expenses incurred or the resources, such as staff, used during that period to determine productivity.
Being able to create, especially quickly and with excellent quality, is a sign of productivity. Making excellent school tasks in a short amount of time is an example of productivity. How quickly toys can be produced in a toy factory is an illustration of productivity.
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Banks that practice fractional reserve banking are able to:
A. change the interest rates on loans for any reason.
B. provide financial services to customers at no cost.
C. lend most of the money they hold as deposits.
D. return all of their deposited cash at any time.
Answers
Answer:
C. lend most of the money they hold as deposits.
Explanation:
Banks that practice fractional reserve banking are able to lend most of the money they hold as deposits.
Fractional reserve banking is a banking system in which banks are required to hold only a fraction of the money deposited by customers in reserve while lending out the remaining amount to earn interest. The fraction of deposits that banks are required to hold in reserve is typically set by central banks or regulatory authorities.
This means that banks are able to lend out most of the money they hold as deposits, while still maintaining enough reserves to meet their obligations to depositors. This practice allows banks to earn interest on loans and generate profits, while also providing a source of credit for borrowers who need it.
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One benefit of repeating the self improvement process is that you can ______.
a.
Pay lower fees to plan and maintain the new goal
b.
See everything with fresh eyes
c.
Use skills and information from previous goals
d.
Reduce the time spent improving at work
Please select the best answer from the choices provided
A
B
C
D
Answers
One benefit of repeating the self improvement process is that you can Use skills and information from previous goals. They can endeavour to the strengthen their areas of weakness and become better people.
Repetition of the self-improvement process improves previously acquired skills. They can employ those abilities to accomplish their present objectives. The person's abilities benefit improve as a result of their increased self-awareness. Personal qualities are acknowledged as soft talents that are challenging to teach (although not impossible). They are also referred to as "people skills" or interpersonal skills. Dependability, flexibility, drive, problem-solving, and analytical abilities are a few examples.
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Werner Inc. sells its products with a 2-year warranty. On December 31, 2017, Werner recognized estimated warranty-related costs of $54,000 for its 2017 sales. During 2018, Werner incurs repair costs of $21,000 related to products sold during 2017. The journal entry to record the cost of repairs would include a debit to:
Answers
Answer:
A DEBIT to Estimated warranty liability
Explanation:
Based on the information given we were told that the company recognized an estimated warranty of the amount of $54,000 for its 2017 sales in which the year 2018 the company also repair costs of the amount of $21,000 which is related to products sold during the year 2017 which means that The journal entry to record the cost of repairs would include a debit to ESTIMATED WARRANTY LIABILITY .
explain advertisement
Answers
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
What are customer needs?
Answers
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
The average mututal fund includes 90-200 companies.
O True
O False
Answers
Answer:
I think it will be false
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident? Royce's Auto Insurance Policy Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 Property Damage $50,000 $144. 75 Collision $500 deductible $275. 75 Comprehensive $100 deductible $100. 00 a. $514. 76 b. $543. 00 c. $548. 20 d. $571. 24 Please select the best answer from the choices provided A B C D.
Answers
Royce's new annual premium after the 5.2% increase for the accident is approximately $571.24. The correct option is D .
To calculate Royce's new annual premium after the 5.2% increase, we need to find 5.2% of each coverage's annual premium and add it to the original premiums.
Calculating the increase for each coverage:
1. Bodily Injury: 5.2% of $22.50 = $1.17
2. Property Damage: 5.2% of $144.75 = $7.53
3. Collision: 5.2% of $275.75 = $14.32
4. Comprehensive: 5.2% of $100.00 = $5.20
Adding the increases to the original premiums:
1. Bodily Injury: $22.50 + $1.17 = $23.67
2. Property Damage: $144.75 + $7.53 = $152.28
3. Collision: $275.75 + $14.32 = $290.07
4. Comprehensive: $100.00 + $5.20 = $105.20
Calculating the new total premium:
Total Premium = Bodily Injury + Property Damage + Collision + Comprehensive
Total Premium = $23.67 + $152.28 + $290.07 + $105.20
Total Premium ≈ $571.24
Therefore, Royce's new annual premium after the increase for the accident is approximately $571.24. The correct option is D .
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which key task in the policy development phase requires the authors to consult with internal and external experts, including legal counsel, human resources, compliance, cybersecurity and technology professionals, auditors, and regulators?
Answers
Answer:
vetting
Explanation:
Investigate each development activity to define the problem to be solved. Make a preliminary assessment of feasibility. Prepare a proposal to conduct systems analysis. Study the present system to gain a thorough understanding of how it works. Develop a more thorough feasibility analysis, especially with respect to economic costs and benefits. Identify information needs of users. Determine objectives and requirements of the new system. Provide management with the findings of the analysis phase
Answers
The activities described are part of the systems analysis phase in the systems development life cycle (SDLC).
During the systems analysis phase, the development team investigates each development activity to define the problem to be solved. This involves identifying the underlying issues or challenges that the new system should address.
Feasibility is then assessed preliminarily, considering factors such as technical, economic, operational, and schedule feasibility. Based on this assessment, a proposal is prepared to conduct a more detailed systems analysis.
The next step is to study the present system to gain a thorough understanding of its functioning and processes. This includes examining the existing system's strengths, weaknesses, and areas for improvement. A more comprehensive feasibility analysis is then performed, with a specific focus on economic costs and benefits.
To ensure the new system meets user requirements, the information needs of users are identified. Objectives and requirements of the new system are determined based on these needs, which serve as guidelines for system design and development.
Finally, management is provided with the findings of the analysis phase, including an overview of the problem, feasibility assessment, and requirements. This information helps management make informed decisions regarding the implementation of the new system.
These activities are essential in the systems analysis phase to lay the foundation for successful system development and implementation.
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management could determine the amounts due from customers by examining which ledger account?
Answers
Answer:
C. Accounts Receivable
Explanation: I took the test on usa test prep.
Sung owns a plumbing supply store. One of his clients, Village Plumbers, has a charge account with his store. This month Village Plumbers charged 200 feet of pipe at $0.40 per foot, 150 elbow joints at $0.75 per elbow joint, and 36 outdoor faucets at $2.49 per faucet. Sung must charge 5.5% sales tax on all items sold? What is the balance on Village Plumbers’ charge account?
Answers
Answer:
$297.66
Explanation:
The total costs of the items would be
200 feet pipe : 200 x $0.40 = $80.00
150 elbow joints: 150 x $0.75 = $112.50
36 outdoor faucets: 36 x $2.49 =$ 89.64
Total cost =$282.14
add 5.5% tax
=5.5/100 x $282.14 =$15.52
Total $297.66
The balance on Village Plumbers’ charge account =$297.66
WILL GIVE BRAINLIEST, TRUE OR FALSE QUESTION
A cover letter is a summary of your skills, education, and work experience.
True
False
Answers
Answer:
false
Explanation:
hope this helps
Consider the following consumption function C=(α+β)+bY;0
Answers
The consumption function is given by C=(α+β)+bY;0.
What does each variable in the consumption function represent?In the consumption function C=(α+β)+bY;0, the variables have the following interpretations:
C represents consumption, which is the total spending on goods and services by households.α represents autonomous consumption, which is the consumption expenditure that is independent of income.β represents the marginal propensity to consume (MPC), which is the additional consumption resulting from an increase in income. b represents the marginal propensity to save (MPS), which is the additional saving resulting from an increase in income.Y represents income.The consumption function shows how consumption changes with income. Autonomous consumption (α) captures the consumption that occurs even when income is zero. The MPC (β) represents the proportion of additional income that is consumed, while the MPS (b) represents the proportion of additional income that is saved.
The equation implies that consumption (C) is the sum of autonomous consumption (α+β) and the product of the marginal propensity to consume (β) and income (Y).
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
Answers
TRUE / FALSE. in a cpa firm, the audit seniors or the in-charge auditor coordinate the performance of audit procedures.
Answers
In a CPA firm, the audit seniors or the in-charge auditor are responsible for coordinating the performance of audit procedures - TRUE.
They are responsible for leading the audit team, ensuring that the audit is completed in a timely manner, and ensuring that all audit procedures are properly performed and documented. The audit senior or in-charge auditor is also responsible for communicating with the client and resolving any issues or concerns that arise during the audit process. This role is critical in ensuring the quality of the audit and the accuracy of the financial statements. Therefore, it is important for the audit senior or in-charge auditor to have strong communication, leadership, and technical skills.
They play a crucial role in managing and overseeing the entire audit process, which includes assigning tasks to the audit team, ensuring all procedures are completed accurately and efficiently, and reviewing the work performed by other team members. This coordination helps ensure that the audit is conducted in accordance with professional standards and regulatory requirements, ultimately resulting in a reliable and high-quality audit report.
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18.Say that you purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. If you get a 15-year mortgage with a 6 percent interest rate, what would the loan balance be in seven years?
Answers
After seven years, the loan balance on a $135,000 mortgage with a 15-year term and a 6% interest rate, with a $15,000 down payment, would be approximately $32,048.64.
To calculate the loan balance after seven years, we need to consider the remaining principal balance on the mortgage.
The initial mortgage amount is $135,000, and the down payment is $15,000. Therefore, the principal balance at the beginning of the mortgage is $135,000 - $15,000 = $120,000.
The mortgage has a term of 15 years, which means it will be paid off in 15 years from the start. After seven years, there are eight years remaining on the mortgage.
To determine the loan balance after seven years, we can use an amortization schedule or a mortgage calculator. Using an amortization schedule, we calculate the monthly payment based on the loan amount, term, and interest rate.
For a $120,000 mortgage with a 6% interest rate and a 15-year term, the monthly payment can be calculated using the formula for a fixed-rate mortgage:
M = P [ i(1 + i)^n ] / [ (1 + i)^n - 1 ]
Where:
M = Monthly payment
P = Principal balance
i = Monthly interest rate
n = Number of payments
The monthly interest rate is 6% / 12 = 0.005, and the number of payments remaining is 8 years * 12 months = 96.
Using these values in the formula, we find:
M = $120,000 [ 0.005(1 + 0.005)^96 ] / [ (1 + 0.005)^96 - 1 ]
≈ $1,045.94
So, the monthly payment is approximately $1,045.94.
To find the loan balance after seven years, we need to calculate the remaining principal balance. We can subtract the sum of the payments made in seven years from the initial principal balance:
Remaining principal balance = Initial principal balance - (Monthly payment * Number of payments made)
Number of payments made = 7 years * 12 months = 84
Remaining principal balance = $120,000 - ($1,045.94 * 84)
= $120,000 - $87,951.36
= $32,048.64
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Canadian Tire: One of Canada’s largest companies (and where we shop when we go to Newfoundland), sells a wide range of goods and services. The retail outlets are independently owned and operated. Canadian Tire was using daily mailings and thick product catalogs to inform its dealers about new products, merchandise setups, best practices, product ordering, and problem resolution. It is looking for a better way to provide employees with human resources and administrative documents. Describe the problems created by doing business this way and how knowledge management systems might help.
Answers
Inefficient communication and information dissemination among Canadian Tire's independently owned and operated retail outlets through daily mailings and product catalogs.
The current method of using daily mailings and thick product catalogs leads to inefficiencies in communication and information sharing. It results in delays in informing employees about new products, merchandise setups, best practices, product ordering, and problem resolution.
This can lead to inconsistencies, missed opportunities, and lower productivity. Implementing a knowledge management system would enable Canadian Tire to centralize and digitize these resources, making them easily accessible to employees. It would streamline communication, ensure up-to-date information, and improve overall efficiency and effectiveness within the organization.
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Patty’s Pottery Company decided to sell its coffee mugs in the local coffee shop. What marketing decision was this?
Question 10 options:
Place
Promotion
Product
Price
Answers
Answer:
A- Place
Explanation:
Place refers to distribution or the methods and location.
Mylie's total utility from singing the same song over and over is 50 utils after one repetition, 90 utils after two repetitions, 120 utils after
three repetitions, 140 utils after four repetitions, 100 utils after five repetitions, and 40 utils after six repetitions, as shown in the table
below.
a. Write down her marginal utility for each repetition.
Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in
front of those numbers.
Repetitions
0
1
2
3
4
5
6
Total Utility
0
50
90
120
140
100
40
Marginal Utility
-
b. Once Mylie's total utility begins to decrease, does each additional singing of the song hurt more than the previous song or less than
the previous song?
More than the previous song
Less than the previous song
Answers
A). # of Repetitions Total Utility Marginal Utility
0 0 0
1 50 50
2 90 40
3 120 30
4 140 20
5 100 -40
6 40 -60
B). Once Mylie's total utility begins to decrease, then each additional song hurts more than the previous one because she is becoming worse in terms of utility.
What is the marginal utility?Marginal utility refers to the level of satisfaction or benefit that is derived by consuming a product.
The marginal utility of a good or service express how much satisfaction is obtained by the consumers as a result of the increase or decrease in consumption by one unit.
The formula for calculating the marginal utility is:- Marginal utility = total utility difference / quantity of goods difference.
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1) help tom to explain to the shareholders of the company the meaning of "free cash flow", its usage and how to use its value to assess a company’s performance.
Answers
Free cash flow" refers to the amount of cash a company generates from its operations that is available for distribution to shareholders, debt repayment, or reinvestment in the business.
It is a crucial financial metric used to assess a company's performance and financial health. When explaining to shareholders, Tom can emphasize that free cash flow represents the company's ability to generate cash beyond its necessary expenses and capital investments. It serves as an indicator of financial strength and flexibility. Shareholders can use free cash flow to evaluate the company's ability to pay dividends, reduce debt, invest in growth opportunities, or withstand economic downturns. By analyzing trends in free cash flow over time.
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Alice Miller works for a paint manufacturer. She is paid 3% commission on her first $20,000 if monthly sales and 8% commission on all sales over $20,000. In March her sales were $54,500; in April, her sales totaled $47,300. What were the total commissions she earned for the 2 months?
Answers
Answer:
$6,144
Explanation:
sales commissions during March:
$20,000 x 3% = $600
$34,500 x 8% = $2,760
total = $3,360
sales commissions during April:
$20,000 x 3% = $600
$27,300 x 8% = $2,184
total = $2,784
if we add both months, then the total sales commissions earned by Alice = $6,144
I allow you to write letters of the alphabets what I am
Answers
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False
Answers
Answer:
True
Explanation:
a construct about expected results in social cognitive theory is:
Answers
A construct about expected results in social cognitive theory is outcome expectancies.
Outcome expectancies refer to an individual's beliefs about the outcomes or consequences of their behavior. These beliefs can be positive (i.e., the expected outcome is desirable) or negative (i.e., the expected outcome is undesirable), and they can influence an individual's motivation to engage in a particular behavior.
According to social cognitive theory, outcome expectancies are shaped by personal experiences, observations of others, and social influences. For example, an individual may develop positive outcome expectancies about exercising regularly if they have experienced the benefits of exercise firsthand or have observed others who have improved their health through regular exercise.
Outcome expectancies can influence an individual's self-efficacy beliefs (i.e., their confidence in their ability to perform a behavior) and their goal-setting behaviors. By understanding an individual's outcome expectancies, practitioners can help to identify potential barriers to behavior change and develop strategies to address these barriers.
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Which type of employee receives the most paid leave benefits?
O they all receive the same
full-time
O temporary
O part-time
Answers
Answer:
I think it's full-time
Answer:
Full time
Explanation:
Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal instalments. In the other case, we're told that the $80 million will be paid in 10 instalments, but the instalments will increase by 5% per year. Who got a better deal and why?
Answers
Answer:
player 2 is signing a better contract
Explanation:
the present value of an annuity (player 1) = annual payment x annuity factor
assuming that the interest rate is 10%
present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million
player 2's contract
the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million
why is saving, spending and investing important? long summary
Answers
Hope this helps
Cools are not part of the agriculture food and natural resources duster.
True
OB
False
Answers
Answer : True
Explanation:
Answer:
I think false
Explanation:
Not sure tho