User Account

All Pages

Discuss chance the company can win the project

Assignment Help Accounting Basics
Reference no: EM131820123

Question 1

It is noted that 8% of Kaplan students are left handed. If 20 (TWENTY) students are randomly selected, calculate the

i. probability that none of them are left-handed,

ii. probability that at most 2 are left-handed,

iii. standard deviation for the number of left-handed students

If 50 (FIFTY) classes of 20 (TWENTY) students are randomly selected, what is the probability that 10 (TEN) classes have no left-handed students?

Question 2

Superior Construction Pte Ltd is a successful company dealing with many major projects in Singapore. Recently, it has submitted its biddings for two major Government projects. Project A worth about $120 million and the company believes it has 40% chance of securing the project.

Project B worth $1.8 billion and there is 30% chance the company can win the project. Both projects are independent of each other. What is the probability that the company:

Will secure Project A or B but not both

Will not secure Project A or will not secure Project B

Do you agree that "if two events are mutually exclusive then these two events will be independent"? Why?

Provide one business-related example each, with explanation, for mutually exclusive and independent events.

Reference no: EM131820123

Questions Cloud

How much must sonic pay back at maturity : Determining bond amounts Sonic Drive-Ins borrowed money by issuing $2,000,000 of 9% bonds payable at 91.5.
Calculate the current ratio and debt ratio : Create a classified balance sheet in good form for the year ended 2013. Calculate the current ratio and debt ratio and explain your findings.
Examine the philosophy of cam : Compare and contrast conventional current regulations and oversights that exist in the United States with that of nonconventional medicine.
What is the probability that a wins the championship : a. What is the probability that A wins the championship in just five games?
Discuss chance the company can win the project : Superior Construction Pte Ltd is a successful company dealing with many major projects in Singapore
Compare the competing visions of health care administration : Write a paper of 1,000 words that compares and contrasts the competing visions of health care administration among stakeholders, identifies the areas.
Journalize the payment of semiannual interest : Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2016.
Manufacturing makes two types of rocking chairs : Oakton Manufacturing makes two types of rocking chairs specifically designed for men and women known as the His and Hers models
Which line of homes should it produce : If Portable's production capacity is constrained by limited direct labor hours, which line of homes should it produce

Reviews

Write a Review

Accounting Basics Questions & Answers

  Analyze the case in terms of the fraud triangle

Required: Write a short summary and analysis of the case. Specifically, analyze the case in terms of the fraud triangle

  What type of account is allowance for doubtful accounts

What type of account is Allowance for Doubtful Accounts? How does it affect how accounts receivable is reported on the balance sheet at the end of the accounting period?

  What are the tax consequences to oriole corporation

What are the tax consequences to Oriole Corporation on the distribution of the land? The land is subject to liability of $300,000

  Prepare an accrual-basis income statement for the year

Prepare an accrual-basis income statement for the year ended December

  Determine the inventory cost and the cost of merchandise

Determine the inventory cost and the cost of merchandise sold by three methods

  Calculate overhead cost to be added to job w at year-end

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Required: Calculate overhead cost to be added to Job W at year-end

  Compensation plan for future vacations for its employees.

Essex Company has a single employer defined benefit pension plan, and a compensation plan for future vacations for its employees.

  Diverting of company assetts to personal use

You have been employed as an entry level management accountant for a little under a year. you suspect that your immediate supervisor is involved in asignificant fraud involving diverting of company assetts to personal use.

  Discuss the financial reporting requirements

Assume that a local government is the trustee for the pension assets for its police and fire department employees and participates in a statewide plan.

  Mason corporation began the year with cash of 35000 and a

mason corporation began the year with cash of 35000 and a computer that cost 62000. during the year mason earned sales

  Calculate the cost assigned

In recording the purchase, Henner Corporation recorded Machine A at acost of $50,400. Calculate the cost assigned to Machine B. Do not use decimals in your answer.

  Determine the amount of cost of goods sold

Determine the amount of cost of goods sold assuming the LIFO cost flow method

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd