President Polk's actions and policies were seen as betraying the principles and values held by the Northern Democrats, who were largely opposed to the expansion of slavery into new territories.
During his presidency, Polk sought to annex the Republic of Texas, which was a slave state, and then use the newly acquired territory to expand the United States to the West. This was seen as a threat to the rights of Northerners, who were largely opposed to the expansion of slavery.
In addition, Polk's administration was accused of engaging in corrupt and unethical practices, such as the "filibuster" bill, which allowed for the annexation of Texas by bribing members of Congress with land grants.
Furthermore, Polk's handling of the Mexican-American War, which was fought over the disputed territory of Texas, was criticized by Northern Democrats who opposed the war and the expansion of slavery.
Overall, these actions and policies, along with the perceived corruption and unethical behavior of Polk's administration, led to a sense of betrayal among Northern Democrats who felt that their party was not upholding the values they held dear.
Learn more about Democrats visit: brainly.com/question/24252982
#SPJ11
Your banker has analyzed your company account and has suggested that her bank has a cash management package for you. She suggests that with a concentration banking system, your float can be reduced by four days on average. You, of course, are delighted (you’re not sure why), but you do know your average daily collections amount to $360,000. Your opportunity cost of funds is 8 percent. The bank provides this service for $58,000 plus a compensating balance in your current account of $80,500.
1. is this package worth it?
2. by how much? (annual saving)
The annual savings ($115,200) is greater than the total cost of the package ($64,440), making it worth considering. The net annual saving is $115,200 - $64,440 = $50,760.
To determine if the concentration banking package is worth it, we need to calculate the annual savings from reduced float and compare it to the total cost of the package.2. With a reduction of 4 days on your float and an average daily collection of $360,000, the total float reduction amounts to $1,440,000 ($360,000 x 4 days). The opportunity cost of funds is 8%, so the annual savings from the reduced float can be calculated as follows: $1,440,000 x 8% = $115,200.Now, let's calculate the total cost of the package.
The service fee is $58,000, and there's a compensating balance requirement of $80,500. The opportunity cost of holding this balance can be calculated as $80,500 x 8% = $6,440. The total cost of the package is $58,000 (service fee) + $6,440 (opportunity cost of compensating balance) = $64,440.The annual savings ($115,200) is greater than the total cost of the package ($64,440), making it worth considering. The net annual saving is $115,200 - $64,440 = $50,760.
Learn more about concentration banking here:https://brainly.com/question/28917353
#SPJ11
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
Learn more about "pathways":
https://brainly.com/question/25866470?referrer=searchResults
Where do banks get money to loan borrowers?
By directly borrowing money from the money and capital markets, banks can supplement their existing funding sources of traditional deposits.
Where do banks get money to lend borrowers?Banks obtain savings from individuals and companies and use these resources to issue loans to others who need money. The interest that banks must pay on the savings they receive from savers is one of their largest funding costs.
Lending surplus reserves to customers and businesses allows banks to generate new money. As a result, as money is deposited and lent again, more money is ultimately added to the amount of money in circulation. Actually, the Fed does not print money. This is handled by the Treasury Department's Bureau of Manufacturing and Printing.
To know more about capital markets, visit:
https://brainly.com/question/1159116
#SPJ4
Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?
The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.
The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.
Break-even quantity = fixed cost / contribution per unit
Where contribution per unit = states per unit - variable cost per unit.
Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.
The fixed cost is 103500
Break-even quantity = fixed cost / contribution per unit
= 103500/200 -140
= 10350/ 60
= 1725 units
And, the break-even revenue ig = $(1725 x 200) = $345000.
Learn more about breakeven quantity here:-https://brainly.com/question/21137380
#SPJ4
Cattle is not an effective form of money. What essential characteristic of money does cattle lack that most makes it ineffective
Answer:
medium of exchange
Explanation:
Cattle is not an effective form of money. Cattle lacks medium of exchange, which makes it ineffective.
what kind of economic system does the united states operate within?
Around the world, numerous distinct economic systems are in use. Capitalism, socialism, and communism are a few examples. Capitalism rules in the United States.
What is capitalism ?Most people think of capitalism as an economic system in which private actors own and control property according to their own interests and demand and supply freely set market prices in a way that can serve society's best interests.
The drive to make a profit is fundamental to capitalism. Adam Smith, the philosopher and founder of modern economics who lived in the 18th century, said: We expect our dinner not from the butcher, baker, or brewer, but rather from their consideration of their own interests.
To learn more about capitalism visit :
https://brainly.com/question/20931381
#SPJ4
Why is choosing an appropriate mortgage potentially even more important than choosing an appropriate auto loan?
The statement was the explain are appropriate mortgage potentially is the Annual Percentage Rate (APR) are the important to the appropriate auto loan is the monthly, and the short terms fees.
What is mortgage?A mortgage is an arrangement that grants the right to seize property between a borrower and a lender. Interest is added to any borrowed money that is not repaid by the borrower. There are various types of mortgage are adjustable-rate mortgages, government-insured mortgages, conventional mortgages, and jumbo mortgages.
Annual Percentage Rates (APR) are potentially used in a suitable mortgage is the interest rate and the loan period it was not the monetary compensation. Because of the low rate, the additional fees will have little effect on the overall cost of the car. A suitable vehicle loan is determined by the loan balance, fees and charges, and the concluding remarks.
As a result, the appropriate mortgage potentially is the Annual Percentage Rate (APR) are the long term to the appropriate auto loan is the monthly, and the short terms fees.
Learn more about on mortgage, here:
https://brainly.com/question/15074748
#SPJ6
Scholarships, grants and work study money all reduce the of high education
Grants can be of various types. The net cost of higher education is reduced by scholarships, grants, and work-study funding. The annual cost of attendance for the college, excluding grants, scholarships, tuition waivers, and other financial aid.
Why is scholarship advantageous?By reducing the financial barrier, scholarship supports the advancement of your academic and professional ambitions. All of your financial worries disappear if you receive a scholarship. You can use the extra time to study, learn, and earn higher marks.
What percentage of students receive scholarships, and how much?A 22 percent decline from the previous year, the typical scholarship payout in 2022 was $6,041 instead of $7,012. Sixty percent of American families paid for college with scholarships during the 2021–22 school year.
To know more about scholarships visit:
https://brainly.com/question/9958317
#SPJ1
ead the article from the link here Download here.
https://www.economist.com/finance-and-economics/2022/05/22/foreign-investors-are-fleeing-china (Links to an external site.)
The assignment has two parts. The first part consist of a summary of the article and the second part of your expressing your own view about the issue.
Summary
After reading the article make a summary of no less than 300 words and no more than 500 words. To do an effective summary, you must make a choice on what information you include and which you leave out, so that you don’t exceed the word limit.
Begin by stating what is the main hypothesis/claim of the article and discuss the facts and arguments presented to support the main hypothesis.
Opinion
In the second part discuss your own thoughts on the perspective for the future of China's current account balance. Please do not write less than 300 words and no more than 500 words for your opinion. In your opinion consider the following question: What policy would you recommend to avoid the outflow of foreign investment? Give a brief justification for your recommendation (please try to use mostly economic arguments).
You can work on the assignment with others but everyone should write and submit their separate assignment answers.
Put your name, student ID number on your answer.
Tips for writing a Summary
Start by looking at the text overall structure.
Read the introduction for the main claim and the conclusion to see what was the article's contribution to understanding the main claim or hypothesis.
Find points supporting the main claim. The first sentence is typically enough to get the general meaning of a paragraph.
An effective summary:
Conveys the basic point of the text in a short and easy to understand format.
Only includes content from the original text
Does not include quotes or citations
Does not include your opinion.
The article "Foreign investors are fleeing China" discusses the increasing trend of foreign investors pulling out their investments from China.
One of the key factors contributing to the outflow of foreign investment is China's regulatory actions targeting various sectors, including technology, education, and property. These actions have created a sense of uncertainty and risk among foreign investors, leading them to reconsider their investments in China. Additionally, the article highlights the challenges faced by foreign companies operating in China, such as increased scrutiny and pressure to align with the Chinese Communist Party's objectives.
The article also discusses the impact of China's economic policies on foreign investors. The country's focus on achieving self-reliance and reducing reliance on foreign technology has created hurdles for foreign companies and limited their access to the Chinese market. This, coupled with concerns about intellectual property protection, has further contributed to the flight of foreign investment from China.
In my opinion, the outflow of foreign investment from China is a significant concern for the country's current account balance and overall economic growth. To address this issue and attract foreign investment, China should consider implementing certain policy measures.
Firstly, China needs to enhance transparency and provide clearer guidelines and regulations for foreign investors. By offering more predictability and stability in its regulatory environment, China can restore investor confidence and encourage foreign firms to continue their investments.
Secondly, China should focus on protecting intellectual property rights and ensuring a level playing field for all companies operating within its borders. Strengthening intellectual property laws and actively addressing concerns related to technology transfer can help alleviate the apprehensions of foreign investors and enhance the attractiveness of the Chinese market.
Furthermore, fostering open and constructive dialogue with foreign investors and addressing their concerns can go a long way in rebuilding trust and maintaining healthy investment inflows. Regular engagement with international stakeholders and addressing their feedback and grievances will help create a more favorable investment climate.
Lastly, China should consider adopting a more market-oriented approach and avoid excessive state intervention in economic sectors. Allowing market forces to play a more significant role and reducing government interference can provide foreign investors with greater confidence in the Chinese economy.
Learn more about investments from here:
https://brainly.com/question/30105963
#SPJ11
which of the following below is not one of porter's five forces?
Answer:
Buyer power
Supplier power
Rivalry among existing competitors
Prices of major inputs
Explanation:
High when buyers have few choices of whom to buy from and low when their choices are many
Optimization of Shareholder wealth is not one of porter's five forces.
What is porter's five forces?Porter's Five Forces Framework is a method for analyzing a company's competitive operating environment. It derives five forces from industrial organization economics that determine the competitive intensity and, thus, the attractiveness of an industry in terms of profitability.
Porter's Five Forces is a model that identifies and analyzes five competitive elements that impact every industry and aids in determining the strengths and weaknesses of that industry. The Five Forces analysis is commonly used to determine business strategy by identifying the structure of an industry.
A framework for today ’s dynamic business environment is Porter's Five Forces.
Porter's Five Forces is a widely used framework for assessing the competitive forces that influence a wide range of business sectors.
To learn more about porter's five forces
https://brainly.com/question/28074535
#SPJ2
Question 4 of 20
A marketing plan includes a number of factors, including the marketing mix.
What is the marketing mix?
OA. The variables of product, price, place, and promotion
OB. Using names and symbols to identify the company's products
OC. How the company intends for customers to view its product
relative to the competition
D. A plan for spending money
SUBMIT
The marketing mix refers to a set of variables or factors that a company can use to influence its customers' perception of its products or services. These variables are commonly known as the four Ps of marketing: product, price, place, and promotion. The correct option is option a.
Product refers to the physical or intangible item that a company is selling. This includes features, design, quality, and branding. Price refers to the amount that a customer must pay to obtain the product. It includes factors such as discounts, pricing strategies, and payment terms. Place refers to the distribution channels that a company uses to deliver its products or services to customers. This includes the location of the stores, the methods of delivery, and the inventory management systems.
Promotion refers to the communication activities that a company uses to promote its products or services. This includes advertising, public relations, personal selling, and sales promotion. The marketing mix is an essential tool for companies to develop and implement their marketing strategies effectively. By understanding the four Ps, a company can tailor its marketing efforts to suit the needs and wants of its target customers. The correct option is a.
For more such questions on variables
https://brainly.com/question/27993463
#SPJ11
5. Which of the following is NOT a service?
hair cutting
sports magazine
computer repair
tax preparation
Select the type of job best demonstrated in each example. Frank is an Actor. His pay varies depending on how many hours he works each week. Susan works forty hours per week as a Reporter. Todd is a Telecommunications Equipment Repairer who works twenty hours per week. Latoya has a retirement account through the movie studio that employs her as a Film Editor.
Answer:here’s the answer for this question
Explanation:edge2023
The kind of the job demonstrated in each example are as follows:-
full time jobsalaried jobentry-level jobjob with benefitsWhat is an actor's job?Actors express ideas and portray characters in theater, film, television, and other performing arts media. They interpret a writer's script to entertain or inform an audience.
A full-time employment usually has a predetermined work week, with eight-hour days and forty-hour weeks. Working fewer than 35 hours a week is considered part-time. However, there are no hard and fast laws about the amount of hours.
Entry-level positions are available to everyone and do not require considerable professional experience or a degree.
Therefore, Employee benefits are any perks or remuneration given to employees in addition to their regular salary and earnings.
Learn more about job here:
https://brainly.com/question/17205577
#SPJ5
Which part of the purchasing process includes the sum of money due in
payment for the goods?
A. Invoice
B. Payment
C. Requisition
D. Shipping
ANSWER: A. Invoice
Explanation:
it is a document given by the supplier,which contains
information on the quality,PRICE of goods sold
also date
well this is what ik,so hope it helps ig
Answer:
in voice
Explanation:
The benefits of a strategic business plan do not include _____.:
Answer:
Early precautionary measures of trouble ahead can not be issued.
Explanation:
Since a strategic strategy maps out a path for the organisation to follow, it will enable it tighten its attention in order to get somewhere. Therefore, strategic preparation will help the organisation create the best priorities and strategies and help others concentrate their energies on achieving them.
Discuss how "The Cheesecake Factory" approaches and manages ethical issues.
Discuss a recent ethical issue involving "The Cheesecake Factory" and their management of the issue.
The Cheesecake Factory is committed to ethical business practices and approaches ethical issues with a comprehensive framework.
They prioritize integrity, fairness, and transparency in their operations. The company maintains a strong code of conduct that outlines expected behaviors and ethical standards for employees at all levels. They emphasize training and education to ensure employees understand and adhere to ethical guidelines. The Cheesecake Factory also encourages open communication, providing channels for employees to report any ethical concerns or violations. By fostering a culture of accountability and responsibility, The Cheesecake Factory strives to address ethical issues promptly and appropriately, safeguarding their reputation and maintaining trust with stakeholders.
To know more about stakeholders, visit
https://brainly.com/question/15532995
#SBP11
Hillary and Stephanie have both borrowed $15,000 from the same bank to buy the same model of a new car. Hillary's credit score is 732 and
Stephanie's credit score is 588. Who is likely to pay a lower finance charge?
Stephanie
Hilary
They will pay the same because they used the same bank
They will pay the same because they bought the same car
Answer:
Call me at (470)343-8439
Explanation:
What can be a benefit of using interviews to select employees to hire?
A. Insights from employees' examples
B. Accurate prediction of honesty
C. Good measurement of intelligence
D. Errors from employee bias
Answer:
B. Accurate prediction of honesty
Explanation:
Interviews are one of the most effective tools that human resource managers use to determine if a candidate is a match or not for a specific job. Flexibility is the key word here. That allows both the candidate and the interviewer, the possibility of understanding what are the skills needed for a certain job and if the candidate possesses them. When someone answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's ideas, expectations and capabilities. E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.
Answer:
A. Insights from employees’ examples
Explanation:
Just took the quiz.
in the circular flow diagram, _____ supply the factors of production, and _____ goods and services. a. households; sell b. households; buy c. firms; sell d. firms; buy
The correct answer is The factors of production include land, labor, capital and entrepreneurship.
Rent, labor, and profit are the prices that correspond to these production elements. Household members purchase products and services from companies in an effort to satiate their seemingly limitless needs and desires. The interplay between two sets of economic decision-makers—households and businesses—as well as two different categories of economic markets—the market for resources and the market for products and services—is shown by the circular flow model. The direction of the arrows on the lines labeled "Labor, Capital, Land, etc." in the above image represents how households provide enterprises with labor, capital, and other elements of production.
To learn more about entrepreneurship click the link below:
brainly.com/question/29978330
#SPJ4
Woodrow Wilson's New Freedom a supported federal government ownership of railroads and utilities. b favored big business with accompanying federal regulation. c favored small enterprise, entrepreneurship, and the busting of monopolies. d was focused around working-class issues like unions and minimum-wage laws. e opposed banking and tariff reform.
Answer:
C.
Explanation:
Favored small enterprise
Germany did not allow Walmart to sell some items below cost, an example of how a foreign government can constrain _________, which here made it impossible for Walmart to compete with local discount stores.
Answer: pricing strategy
Explanation:
Pricing strategy refers to method that companies or organizations use in order for them to price their products.
Germany not allowing Walmart to sell some items below cost simply shows an example of how a foreign government can constrain pricing strategy. The reasoning behind this by Germany is to help it's local industries and help prevent it from foreign competition which may end up limiting their growth.
Suppose a university has 10,000 full-time students and 5,000 half-time students. Using the concept of equivalent units, compute the number of "full-time equivalent" students.
Using the concept of equivalent units, the number of "full-time equivalent" students is 12,500.
Equivalent units are used to convert part-time students to their full-time equivalent. For instance, 2 part-time students may be equal to 1 full-time student. This is usually used to provide a common metric for student enrollment and is helpful for data analysis.
In this scenario, there are 10,000 full-time students and 5,000 half-time students. To determine the full-time equivalent, the part-time students must be converted. The ratio of part-time students to full-time students is 2 to 1. Hence, there are 2,500 full-time equivalent students in the half-time student population.
To determine the total number of full-time equivalent students, the number of full-time students and the full-time equivalent of half-time students must be added. Thus, the total number of full-time equivalent students is 12,500.
Learn more about equivalent units here:
https://brainly.com/question/21987054
#SPJ11
When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
If total revenue is $400,000 and operating income is $250,000, then the operating margin is __________.
If total revenue is $400,000 and operating income is $250,000, then the operating margin is 62.5%.
The operating margin is a financial metric that measures the profitability of a company's operations. It is calculated by dividing the operating income by the total revenue and multiplying the result by 100 to express it as a percentage.
In this case, the operating income is given as $250,000, and the total revenue is $400,000. To calculate the operating margin, we divide the operating income by the total revenue:
Operating Margin = (Operating Income / Total Revenue) * 100
Operating Margin = ($250,000 / $400,000) * 100
Operating Margin = 0.625 * 100
Operating Margin = 62.5%
Therefore, the operating margin is 62.5%. This means that for every dollar of revenue generated, the company's operating income accounts for 62.5 cents, indicating a profitability level of 62.5%.
learn more about operating income here:
https://brainly.com/question/28427118
#SPJ11
article 9 of the code of ethics about written agreements requires realtors® to
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
To know more about agreements visit:
https://brainly.com/question/24225827
#SPJ11
When cyclical unemployment increases and other things remain the same, ______.
A. the natural unemployment rate does not change
B.the natural unemployment rate decreases
C.the amount of frictional unemployment increases
D. the amount of structural unemployment increases
When cyclical unemployment rises while other factors remain constant, the natural unemployment rate does not change.
Cyclical unemployment is the part of overall unemployment caused by economic ups and downs.
What is the natural unemployment rate?
The ratio, or the state of full employment, in proportion to the workforce that is still unemployed is referred to as the natural rate of unemployment. The natural unemployment rate is determined by an economy's supply side, which includes economic institutions and production capabilities. The natural rate of unemployment is also known as the combination of structural and frictional unemployment that occurs in an efficient and thriving economy where the labor and resource markets are mostly in equilibrium.
To know more about natural unemployment rate visit:
https://brainly.com/question/13399471
#SPJ4
Engines for race cars are intricate machines with up to 30,000 unique parts. fast draft, an engine manufacturer, contracts with vendors to provide most of these specialty parts while fast draft focuses on assembly. by using this structure, fast draft does not depend too heavily on any one supplier, and can adapt quickly as engine technology changes
This is an example of a Hollow Structure since Fast Draft hired different vendors for the speciality parts and chose to concentrate on assembly.
What is a hollow structure?A hollow structure is a style of organizational structure where a company outsources certain of its operations while concentrating on others.Even though they are crucial to the company's ability to produce goods and services, pieces that are frequently outsourced are those that are not regarded as key components.The business then concentrates on the essential operations.Fast Draft outsources the specialized components for the race cars before concentrating on putting them together.They are consequently outsourcing the specialised pieces that are not core components.They proceed to the main task, which is assembly. Diesel engines are considered some of the most dependable and long-lasting of all engines, and they are a marvel of engineering.Diesel engines' endurance, toughness, and dependability are mostly due to three factors:a diesel engine's general construction: gear-driven, better lubrication, and less wear. systems necessary for the engine to run.An internal combustion engine requires three main engine systems to function.These three are the fuel system, lubrication system, and ignition system.To learn more about engine technology refer
https://brainly.com/question/29053410
#SPJ4
When choosing the right colfee beans for you, buying single-origin or blended coffee is another tactor to consider. Buy single origin if you enjoy the body and flavour profile of specific colfee regions, and go for blend if you're happy with beans that have come from various geographic areas. Generally, the proportion of coffee beans that are single origin is 0.564. Based on a randomly selected sample of 98 batches of coffee beans, 55 of them are single origin. 1. (3 mark) What is the distribution for the number of single origin cotfee beans (X=55) ? and write down the two parameters that determine the shape of this distribution, (integer) and (3dp) Assuming we can makn a normal approximation to bhomial distribution (Hint check that conditions are satisfied), what is the probatility that, in a random sample of 88 batches of colfee beans, 2. (1 mark) qeater than 59 coffee beans are single origin? 3. (1 mark) no more than 45 coffee beans are single origin? 4. (1 mark) there are between 48 and 61 single oriain coffee beans? (3dp)
The distribution for the number of single origin coffee beans (X=55) is a binomial distribution, where the two parameters that determine its shape are the number of trials (n = 98) and the probability of success (p = 0.564).
What is the probability that, in a random sample of 88 batches of coffee beans, more than 59 coffee beans are single origin?To answer this question, we can use the normal approximation to the binomial distribution since the sample size is large and the conditions are satisfied. We need to find the probability of having more than 59 single origin coffee beans in a sample of 88 batches.
First, we calculate the mean (μ) and standard deviation (σ) of the binomial distribution:
μ = n * p = 88 * 0.564 = 49.632
σ = √(n * p * (1 - p)) = √(88 * 0.564 * (1 - 0.564)) ≈ 5.104
Next, we convert the problem into a normal distribution by using continuity correction. We want to find the probability of getting more than 59 single origin coffee beans, which can be written as P(X > 59.5).
Using the normal approximation, we calculate the z-score:
z = (59.5 - μ) / σ = (59.5 - 49.632) / 5.104 ≈ 1.935
Finally, we find the probability using the standard normal distribution table or a calculator:
P(X > 59.5) ≈ P(Z > 1.935) ≈ 1 - P(Z < 1.935) ≈ 1 - 0.9731 ≈ 0.0269
Learn more about binomial distribution
brainly.com/question/29163389
#SPJ11
When a hotel does not fill a room and therefore the sale of that room on that day is lost forever, that refers to...
a.) product services-mix length
b.) seasonability
c.) perishability
d.) productservices-mix width
e.) tangible
Answer:
c.) perishability
Explanation:
The term perishability is used in marketing to describe the inability to keep or store services for sale in the future. Services are intangible and by nature. Once a service has been performed, it is deemed to have been consumed and cannot be returned or resold.
Once a service is offered, and the customer does take up the offer, it cannot be stored or kept for sale at a later date. If a hotel room is not booked for a particular night, the room does not generate any revenues for that night. The hotel cannot store the room services for that night and offer them to customers any other time. The inability to preserve a service for sale at a later date is what marketers refer to as perishability.