A regional automobile dealership sent out fliers to prospective customers indicating that they had already won one of three different​ prizes: an automobile valued at ​$28 comma 000​, a ​$100 gas​ card, or a ​$5 shopping card. To claim his or her​ prize, a prospective customer needed to present the flier at the​ dealership's showroom. The fine print on the back of the flier listed the probabilities of winning. The chance of winning the car was 1 out of 31 comma 248​, the chance of winning the gas card was 1 out of 31 comma 248 comma and the chance of winning the shopping card was 31 comma 246 out of 31 comma 248. Complete parts​ (a) through​ (c).

Answers

Answer 1

Answer:

the requirements are missing, so I looked for a similar question.

a. How many fliers do you think the automobile dealership sent​ out?

b. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the expected value of the prize won by a prospective customer receiving a​ flier?

c. Using your answer to​ (a) and the probabilities listed on the​ flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a​ flier?

a) the total fliers sent out = 31,246 + 1 + 1 = 31,248

b) expected value = [(1 x $28,000) + (1 x $100) + (31,246 x $5)] / 31,248 = $5.90

c) σ² = [($28,000 - $5.90)² x 1] + [($100 - $5.90)² x 1] + [($5 - $5.90)² x 31,246] / 31,248 = ($783,669,634.80 + $8,854.81 + $25,309.26) / 31,248 = $25,080.13

σ = √$25,080.13 = $158.37


Related Questions

List the six shifters (NPDs) of demand

Answers

Answer:

Changes in income

Changes in the number of consumers

Changes in consumer tastes and preferences

Changes in consumer expectations

Changes in the price of substitute goods

Changes in the price of complementary goods

Explanation:

The role of corporate support in event marketing has
in the past few decades.
a. Increased
b. Decreased
C. Remained status quo
d. Developed

Answers

So the answer of the question is a
A.incrased

Even through the United States is traditionally viewed as a market economy, what role does the government have in the economy?
A. The government is in charge of setting the prices within the economy.
B. The government is in charge of the taxing and spending of the government.
C. The government has no role within the market economy of the United States.
D. The government is to make sure that there is fairness and equity within all markets of the economy.

Answers

Answer:

D. The government is to make sure that there is fairness and equity within all markets of the economy.

Explanation:

The USA is a predominantly free-market economy. Entrepreneurs are free to decide where and the nature of the business to set-up. Buyers have the liberty to purchase from their preferred suppliers. Demand and supply forces determine the goods and services to be availed in the market and their prices.

The US government participates in the economy as a regulator. Its primary role is to promote fair competition among suppliers, guard consumers against unfair exploitation by traders, and safeguard worker interest. The government may provide essential public services such as roads, health, and education but the majority of factors of production are in the private sector.

the answer is B. The government is in charge of the taxing and spending of the government.

Tyler is using a credit card to purchase a television. Which of the following should Tyler expect? Check all that apply
to have the full amount available in his bank account right away
to receive a bill at a later date
to be able to pay for it over time
to write a check
to pay interest if he does not pay in full by a certain date

Answers

A credit card is termed as the card that is in the rectangular shape that provides the services and then acquires the payment from the customers. The customers intake the funds from the card to acquire goods and services and then pay for the acquired services.

The correct options are...

B.) To receive his bill at a later date

C.) To be able to pay it over time

D.) To pay interest if he does not pay in full by a certain date

These options are correct because first of all, there was no way for Tyler to immediately get the money into his account so the first answer is not correct. It is also a credit card so he would not need to write a check.

Options:

A. to have the full amount available in his bank account right away

E. to pay interest if he does not pay in full by a certain date

These options are wrong because they do not fulfill the expectation of Tyler regarding the purchase of the credit card.

To know more about the expectation of Tyer, refer to the link below:

https://brainly.com/question/21189564

Answer:

B.

C.

E.

Explanation: Edge

COMMON MEASURE OF WHAT SOMETHING IS WORTH OR WHAT SOMETHING COSTS

Answers

Answer:

price. is the answere I am almost certain

When applying for a loan, the lending institution evaluates a potential borrower's ability to complete repayment on a loan, cash on hand, collateral, and job status, play critical factors at arriving on this decision. A. Civil B. Criminal C. Character D. Capacity

Answers

Answer:

D. Capacity

Explanation:

In order to applying for a loan, the financial institution analyze the borrower information in terms of creditworthiness i.e. collateral property, cash on hand, repayment conditions, status of the job. These factors should be based on the capacity of the borrower whether he or she is eligible for a loan or not

Therefore according to the given situation, the option D is correct and the same is to be considered

Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2017, its Cash account shows a $27,500 debit balance. The company’s May 31 bank statement shows $25,800 on deposit in the bank. The May 31 bank statement lists $100 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $5,600. May 31 cash receipts of $6,200 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement. In reviewing the bank statement, a $400 check written by Smith Company was mistakenly drawn against Wright’s account. The bank statement shows a $600 NSF check from a customer; the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information.

Answers

Answer:

Please see solution below

Explanation:

Bank reconciliation as at June 31st.

•Bank statement balance  

$25,800

Add:

Bank service charges

$100

NSF check

$600

Wrong drawn

$400

Total        

$1,100

Adjusted bank balance

$26,900

Bank reconciliation as at June 31st.

•Cash book balance

$27,500

Add: outstanding checks

$5,600

Balance    

$34,100

Less: deposit in transit

($6,200)

Adjusted book balance

$26,900

What is the purpose of the qualifications section of a résumé?
To provide an employer with the applicant's contact information
b. To highlight why the applicant is the perfect candidate for the position
C. To give an employer an overview of the applicant's education history
d. To state the type of work the applicant is seeking​

Answers

Answer:

b

Explanation:

ddd

The correct option is C). To give an employer an overview of the applicant's education history.

What does qualifications mean on a resume?

A qualifications section of a resume refers to the customized section which consists of the education information about the candidate.

It is a brief highlight of relevant education, skills and experience, which shows the employer how the candidate will offer a competitive advantage.

Basically, qualifications section give an employer an overview of the applicant's education history.

Learn more about the qualifications section of a resume here:-

https://brainly.com/question/15349104

#SPJ2

What is the best what to make money

Answers

Explanation:

Be a Customer Service Rep. U-Haul offers the best of both worlds. ...

Fill Out Surveys Online. Survey Junkie is a website that pays teens for sharing their opinion. ...

Get Paid to Search the Internet. ...

Test Products. ...

Sell Textbooks. ...

Design T-Shirts. ...

Babysit. ...

Offer Services For $5.

What sort of work can 14 and 15-year-olds do?

Barista.

Busser.

Caddy.

Cashier.

Dog walker.

Dishwasher.

Grocery bagger.

Host/hostess.

Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?

Answers

Answer:

Her debt to income ratio is classified as favorable

Explanation:

The given information are;

Elysha's gross monthly income = $3,000

The amount she pays as debt each month = $500

Therefore, her debt to in to income ratio, DTI, is given as follows;

DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167

We multiply by 100 to express the result as a percentage, to get;

0.167 × 100 = 16.7%

Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.

Answer: Good—between 15 and 20 percent

Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.

Need Help ASAP

How do you demonstrate independence and initiative in your daily life? Discuss examples. Write 4 sentences. First, define the terms: independence & initiative. Then give me examples of each.

Will give brainly.

Answers

Answer:

I. Never stand still

2. Do more than is Required of you

3. Think as a team Member, Not an Employee

4 Speak up and share your ideas

5 Fake it till you make it

6. Consider every opportunity

7. Always be prepared

8. Be Self-Pronotional

Explanation:

Hope this helps! Tell me if I'm wrong. If thai Helps Give me brainly.

The Court of International Trade is a "special" court.

True
False

Answers

Answer:

true

Explanation:

because it's always economy wise and smart

'what she said' phrase or clause. give reason

Answers

That’s a phrase or perhaps I may be wrong

If​ philip's utility function is uequals12 left parenthesis q 1 right parenthesis superscript 0.5 baseline plus q 2​, what are his demand functions for the two​ goods? Let the price of q 1 be p 1​, let the price of q 2 be p 2​, and let income be y. ​philip's demand for q 1 as a function of p 1 and p 2 is

Answers

Full question attached

Answer and Explanation:

Answer and explanation attached

One has to ask oneself how you know that you've discovered something that distinguishes the successful companies from other companies? otherwise, you can fall into a trap that is the same as identifying "the management practice equivalent of having buildings" (collins & porras, 2002, p. 14).

Answers

Full question attached

Answer:

Word-for-word plagiarism

Explanation:

Although the student cited some of the author's work that he quoted word for word( "the management practice equivalent of having buildings" (Collins & Porras, 2002, p. 14)), and even referenced with bibliography at the end, he didn't cite(intext citation) the other part (

you know that you've discovered something that distinguishes the successful companies from other companies? )where he quoted the original author word for word and as a result has plagiarized the original author of the work.

please help me with this match the column​ if i get perfect answer then i will give brainliest

Answers

Answer:

what do you need help on

Explanation:

The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. On may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. The state will provide reimbursement for allowable expenditures. On may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. During the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. Reimbursement was received from the state on december 13.

Answers

Answer:

1. No journal entry on May 1

2. May 5

Dr Cash count 200,000

Cr Interfund loans payable 200,000

3. Dr Expenditures account debited 165,000

Credit Vouchers payable account 165,000

Dr State Government account 165,000 Credit Revenue account 165,000

4. December 13

Dr Cash account 165,000

Credit Dues from state government account 165,000

5. December 31

Dr Revenue account debited 165,000

Cr Expenditure account 165,000

Explanation:

Preparation of Journal entries

1. No journal entry on May 1

2. Preparation of Journal entry for short term loan

May 5

Dr Cash count 200,000

Cr Interfund loans payable 200,000

(To record short term loan is recorded)

3. Preparation of Journal entry for the payment of expendtiture

Dr Expenditures account debited 165,000

Credit Vouchers payable account 165,000

( To record the expenditure incurred )

Dr State Government account 165,000 Credit Revenue account 165,000

( Being recorded in the sate government)

4. Preparation of Journal entry for government reimbursement of funds

December 13

Dr Cash account 165,000

Credit Dues from state government account 165,000

(To record the receipts of dues )

5. Preparation of the Adjusted Entry for the revenue and expenditure

December 31

Dr Revenue account debited 165,000

Cr Expenditure account 165,000

( To record the closing of entries )

who wants brainlest i think i spelled it right

Answers

Answer:

ill take it lol but whats the catch??

Explanation:

Answer:

I dooooooooo plzzzzzzzzzzz!!!!!!1

Explanation:

Brainliest...

Tim wants to buy an apartment that costs $2,225,000 with an 85% LTV mortgage. Tim got a 30 year, 3/1 ARM with an initial teaser rate of 4.875%. The reset margin on the loan is 300 basis points above 1 year CMT. There are no caps. Tim anticipates the index to be 3.50% at the time of the 1st reset. What is Tim’s monthly mortgage payment going to be during the 1st 3 years?

Answers

Answer:

monthly payment = $10,009 (rounded to nearest dollar)

Explanation:

A 3/1 adjustable rate mortgage (ARM) means that the monthly payment will be fixed during the first 3 years only. Then they should vary, although the variance is generally upwards. The monthly interest can be calculated by using the present value of an annuity formula:

monthly payment = present value of the loan / annuity factor

present value of the loan = $2,225,000 x 85% = $1,891,250PV annuity factor, 0.40625%, 360 periods = 188.9615

monthly payment = $1,891,250 / 188.9615 = $10,008.65256 ≈ $10,009

Tim's monthly mortgage payment during the first 3 years will be $10,009 (rounded to nearest dollar).

What is an Adjustable-rate mortgage (ARM)?

A 3/1 Adjustable-rate mortgage (ARM) is a home loan with a variable interest rate. With an ARM, the initial interest rate is fixed for a period of time. Thereafter, the interest rate used on the remaining balance is adjusted periodically, annually, or monthly.

The monthly interest can be calculated by using the present value of an annuity formula:

[tex]\rm\,Monthly payment = \dfrac{Present \;Value \; of \;the \; loan}{Annuity \; \;factor}\\\\Present Value of the Loan = \$2,225,000 \times 85\% = \$1,891,250\\\\\rm\,(PV\; annuity \;factor, 0.40625\%, 360 \;Periods) = 188.9615\\\\\rm\,Monthly \;Payment = \dfrac{\$1,891,250}{188.9615} \\\\Monthly \;Payment = \$10,008.65256 \\\\Monthly \; Payment = \$10,009[/tex]

Hence, Tim's monthly payment for the first three years will be $10,009.

Learn more about Adjustable-rate mortgage, refer to the link:

https://brainly.com/question/545887

Bianca has take-home pay every month of $800. She anticipates having $675 of expenses in August.
In a zero-based budget, why is it important that she put the extra $125 in some budget category?

Where might you suggest Bianca budget that extra $125? Why?

Answers

i forgot it but someone else should have it.

please help me!!! I literally have no clue what it is​

Answers

Answer:

Critical Thinking,Mathematics, and Operation and Control.

Explanation:

Where does the channel of distribution begin?

Answers

Answer:

A channel of distribution begins with a producer and ends with an ultimate consumer or industrial user.

Explanation:

What is a stock symbol?

Answers

Answer:

A stock symbol is an arrangement of characters—usually letters—representing publicly-traded securities on an exchange. When a company issues securities to the public marketplace, it selects an available symbol for its shares, often related to the company name.

Explanation:

You survey 125 employees and determine that 25 are extremely unhappy. As you walk the floor, you run into a random employee, what are the odds that she is extremely unhappy

Answers

Answer:

0.2 or 20%

Explanation:

The odds of meeting an unhappy person will be the no. of unhappy people divided by the sample size.

=25/125

=1/5

The odds are 1 in every five people is extremely unhappy.

1/5 = 0.2 or 20%

What should you do in the following scenario?

You are meeting with a colleague and within the conversation, the colleague talks about going to dinner with a client, holding hands, and seems to indicate he is thinking of pursuing a relationship.

Answers

Answer:

it seems kind of inappropriate to have a relationship with a client

Explanation:

The Utah Mining Corporation is set to open a gold mine near Provo, Utah. According to the treasurer, Monty Goldstein, "This is a golden opportunity." The mine will cost $3,200,000 to open and will have an economic life of 11 years. It will generate a cash inflow of $425,000 at the end of the first year, and the cash inflows are projected to grow at 8 percent per year for the next 10 years. After 11 years, the mine will be abandoned. Abandonment costs will be $480,000 at the end of Year 11.


What is the IRR for the gold mine? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Answers

Answer:

IRR = 13.05%

Explanation:

using an excel spreadsheet, the cash flows are:

year 0 = -$3,200,000

year 1 = $425,000

year 2 = $425,000 x 1.08 = $459,000

year 3 = $459,000  x 1.08 = $495,720

year 4 = $535,378

year 5 = $578,208

year 6 = $624,464

year 7 = $674,422

year 8 = $728,375

year 9 = $786,645

year 10 = $849,577

year 11 = ($849,577  x 1.08) - $480,000 = $917,543 - $480,000 = $437,543  

IRR = 13.05%

The internal rate of return (IRR) is the discount rate at which a project's NPV (net present value) would equal $0.

Refer to Exhibit 4-11. Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4. The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.

Answers

Question Completion:

Exhibit 4-11  

Price of Good ABC     Quantity Demanded    Quantity Supplied

      $4                                          100                             40

        5                                           80                              80

       6                                            60                             110

       7                                            50                            160

Options:

a. 20

b. 40

c. 100

d. 60

Answer:

The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.

b. 40

Explanation:

The suppliers of good ABC cannot sell above $4 since it is the price ceiling.  A price ceiling is the opposite of a price floor.  A price ceiling usually prevents the market of good ABC from reaching equilibrium as suppliers will be unwilling to supply more units of ABC.

Which of these contains data that identifies a product?
A. UPC
B. Inventory
C. Information system
D. Purchase order

Answers

Answer:

A. UPC

Explanation:

A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.

Basically, a universal product code (UPC) comprises of two (2) main parts;

A machine-readable barcode that contains sets of vertical black lines. A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.

The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.

Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.

Hence, a universal product code (UPC) contains data that identifies a product.

Answer:

upc

Explanation:

Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a smartphone. The cost structure to manufacture 20,500 Tri-Robos is as follows. Cost Direct materials ($52 per robot) $1,066,000 Direct labor ($38 per robot) 779,000 Variable overhead ($7 per robot) 143,500 Allocated fixed overhead ($29 per robot) 594,500 Total $2,583,000 Jobs is approached by Tienh Inc., which offers to make Tri-Robo for $116 per unit or $2,378,000.

Answers

Answer:

the question is incomplete, so I looked for similar questions (see attached image).

this is a differential analysis that compares two alternative situations:

                                     Make              Buy                 Net income increase

                                                                                    (decrease)

materials                     $1,066,000      $0                      $1,066,000

labor                              $779,000       $0                        $779,000

var. overhead                $143,500       $0                         $143,500

fixed overhead             $594,500    ($405,000)            $999,500

purchase price                   $0          $2,378,000         ($2,378,000)

total                            $2,583,000    $1,973,000           $610,000

If Jobs decides to purchase the Tri-Robos from Tienh, and it is able to avoid $405,000 in fixed cots, then its operating income should increase by $610,000.

Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is sometimes forgetful in paying her bills on time and usually has a balance on each card. Her favourite store is offering a $50 coupon on her next purchase, with the promise of more coupons in the future, if she opens a credit card. She decides to open the store credit card to get the discounts.

How would Nora use the decision making steps in this scenario?

Is this a good or bad debt move? Why?

Answers

This is a bad move. You should work on getting a high credit score on one card not multiple.
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Answer this please and thank you What did brother Quang leave behind Intensity during a cardiovascular endurance workout means.. A. How often the activity is performedB. How long the activity is performed C. How hard the activity is performed D. Where the activity is performed Need help multiple choice!! Please A fair die is rolled 6 times. What is the probability that a 3 is obtained on at least one of the rolls? PLEASE HELP!!how does the author use tone to create an aesthetic impact in the excerpt read the words from HG Wells The War of the Worlds there were raised voices and some sort of struggle appeared to be going on the pet. strange imaginings pass through my mind. as I drew nearer I heard stent's voice: "keep back keep back" how does the author use tone to create an aesthetic impact I'm the excerpt?a.) through vivid adjectivesb.) through tense dialoguec.) through expert testimonyd.) through background information Plz Help!!!!!!!!!! 14. Teenagers should sleep between 8 and 10 hours per night. Sarah typically sleeps 2 hours less than this per night. Which inequality describes the amount of time that Sarah sleeps? A. 10 < x < 12 B. 8 < x < 10 C. 6 < x < 12 D. 6 < x < 8 E. 8 + 2 < 8 < 10 F. 8 < x < 10 + 2 Identify the number that does not belong with the other three. Explain your reasoning. (4 points)50.1 repeating 1, negative 50 over 2, negative 50.1, square root 50 The Court of International Trade is a "special" court.TrueFalse What are some signs that someone might be dealing with a mental health disorder or illness? I thought it was 139, but apparently im wrong, can someone please help? (Usted) _____(ir) a la farmacia.Is it : usted ir a la farmacia? 1. Qu deben leer los actores antes de actuar en una pelcula? a. el guin b. la entrega c. el recuerdo 2. En dnde se muestran pelculas de un mismo tema o de un solo director? a. en un auge b. en un ciclo c. en un guin 3. En dnde se presentan y se premian las pelculas nuevas cada ao? a. en el auge b. en el ciclo c. en la muestra 4. Cmo se dice cuando un actor es muy popular? a. est en la sala b. est en la muestra c. est en auge 5. Cmo se llama el espacio dnde se proyectan pelculas? a. la sala b. la muestra c. el ciclo 6. Qu significa actuar en una pelcula? a. difundir b. promover c. tener un papel __________ can keep you alert and sharpen your concentration.A.Stress responseB.ExhaustionC.ResistanceD.None of the above In "The Setting Sun and the Rolling World," what does young Nhamo plan to do tomorrow? a. leave home b. fly in an airplane c. go to work for his father d. seek advice from a wise man alexander has been asked to lead a discussion group in history class about restoring local historical sites. taking on the role of facilitator, he assigned other members to play time-keeper, recorder, and participants. what is the main advantage of assigning specific roles? it makes working together easier. it makes meetings finish more quickly. it makes each member feel important. it makes the meetings more sociable. carry electrical charges at opposite poles.A . nonpolar bondsB. polar bondsC. hydroelectric bondsD. lonic bonds 50 = - (y+22) We are doing expanding expression PLEASE HELP (GERMAN) how do i plot this??