State whether the statements are true or false

Assignment Help Business Economics
Reference no: EM13247358

1. Fill in the missing value. Assume simple interest.

principal $19,582

interest rate 4%

time ________

simple interest $2,349.84

 

A) time 3 years

B) time 4 years

C) time 2 years

 

2. State whether the statements are true or false: {0}=0 (zeros have slashes through them.

 

A) True

B) False

 

3. If A and B are independent events, P(A)=.4, and P(B)=.6 find P(A union B)

 

A) 0.76

B) 0.076

C) 0.0076

 

4. If A and B are independent events, P(A)=.4, and P(B)=.6 find P(A intersect B)

 

A) 0.24

B) 0.024

C) 0.0024

 

5. Evaluate the expression: 2 x 7!

 

A) 10,080

B) 10,280

C) 10,000

 

6. A jar contains 25 green, 19 white, 6 pink, and 21 orange marbles. A marble is drawn at random.P(white, green, or pink)Express the probability as a fraction.

 

A) 50/71

B) 71/50

C) 5/7

 

7. Evaluate: 5!

 

A) 120

B) 25

C) 5

 

8. A number from 15 to 26 is drawn at random.P(24)Express the probability as a percent. Round to the nearest percent.

 

A) 8%

B) 9%

C) 10%

 

9. Evaluate: 3!

A) 6

B) 3

C) 1

 

10. Find the probability:

 

A number from 10 to 22 is drawn at random. P(an odd number) Express the probability as a decimal. Round to the nearest hundredth.

 

A) 0.46

B) 0.17

C) 0.75

 

11. Using the combination formula complete the following:

 

How many combinations of two letters are possible from the letters U, A, and X?

 

A) 3

B) 5

C) 9

 

12. State whether the statements are true or false: ØcA

A) True

B) False

 

13. Fill in the missing value. Assume simple interest.

 

principal $87,698

interest rate ________

time 1 year

simple interest $6,138.86

 

A) interest rate 7%

B) interest rate 8%

C) interest rate 10%

 

14. A jar contains 21 pink and 26 navy marbles. A marble is drawn at random.P(navy)Express the probability as a decimal. Round to the nearest hundredth.

 

A) 0.55

B) 0.055

C) 0.0055

 

15. Find the probability. Write your answer as a percent rounded to the nearest whole percent:

 

A number from 8 to 16 is drawn at random. P(12).

 

A) 11%

B) 13%

C) 15%

 

16. Evaluate the expression: 6!+4!

 

A) 744

B) 704

C) 720

 

17. Evaluate the expression: 5!-3!

 

A) 114

B) 2

C) 8

 

18. Fill in the missing value. Assume simple interest.

 

principal $400,007

interest rate 13%

time 2 years

simple interest ________

 

A) simple interest $105,001.82

B) simple interest $104,001.82

C) simple interest $104,003.82

 

19. Evaluate the expression: 9!

 

A) 362880

B) 362800

 

20. Determine whether the events A and B are independent

P(A)=.3, P(B)=.6, P(A intersect B)=.18

 

A) Independent

B) Not Independent

 

21. State whether the statements are true or false: AcA

 

A) True

B) False

 

22. Let A and B be two events in a sample space S such that:

P(A)=.6, P(B)=.5, and P(A intersect B).2 find P(A/B)

 

A) 2/5

B) 5/2

 

23. Evaluate the expression: C(9,3)

 

A) 84

B) 48

C) 27

 

24. Fill in the missing value. Assume simple interest.

principal ________

interest rate 3%

time 1 year

simple interest $2,472.57

 

A) principal $82,419

B) principal $85,419

C) principal $822,419

 

25. Find the probability. Write your answer as a fraction in simplest form:

 

You roll a number cube numbered from 1 to 6. P(1).

 

A) 1/6

B) 6

C) 1/3

 

26. Determine whether the events A and B are independent

P(A)=.6, P(B)=.8, P(A intercept B)=.2

 

A) Independent

B) Not Independent

 

27. There were 13,249 weddings in Springs City last year. According to state records, notaries public performed 17% of the weddings. How many weddings were not performed by notaries public?

 

A) 1099

B) 10994

C) 10997

 

28. Find the probability. Assume that the spinner is separated into equal sections:

 

You flip a coin and toss a 1-6 number cube.

P(3 and heads)

 

A) 1/12 or 0.083

B) 1/6 or 0.167

C) 1/8 or 0.125

 

29. Evaluate the expression: 3 x 5!

A) 360

B) 120

C) 15

 

30. Evaluate the expression: P(5,5)

A) 120

B) 230

C) 25

Reference no: EM13247358

Questions Cloud

Assume that the spinner is separated into equal section : There were 13,249 weddings in Springs City last year. According to state records, notaries public performed 17% of the weddings. How many weddings were not performed by notaries public?
How many simultaneous voice channels can have : Let a crappy voice channel occupy 1kHz. To ensure no interefence between channels due to nonideal bandpass filters add a 3.0kHz spacing between channels. How many simultaneous voice channels can you have if allocated a 87MHz bandwidth total
Find the larger resistance of these two resistors : When resistors 1 and 2 are connected in series, the equivalent resistance is 21.4 ?. When they are connected in parallel, the equivalent resistance is 4.08
State how many milliliters of n2 could be formed in reaction : How many milliliters of N2 (measured at 0.740 atm and 100. °C) could be formed if the following reaction occurs?4NH3(g) + 3O2(g) 2N2(g) + 6H2O(g)
State whether the statements are true or false : There were 13,249 weddings in Springs City last year. According to state records, notaries public performed 17% of the weddings. How many weddings were not performed by notaries public?
Find the efficiency of this cycle : The working substance of an engine is 1.00 mol of diatomic gas. The engine operates in a cycle consisting of three steps, Find the efficiency of this cycle
Selling prices and costs of several products offered by mend : Fully address management's concerns as part of your written analysis using the new or the previous calculations to support your recommendation/explanation.
What is the percentage change of the maximum torque : A 15hp (output power), 208V, three phase, six pole, y-connected induction motor has the following parameters: R1 = 0.1 ohm R'2= 0.1 ohm Xeq = 0.5 ohm A.) A fan type load is connected to the motor. The slip of the motor in this case is 2%.
You are provided the overhead cost data for the auerbach : You are provided the overhead cost data for the Auerbach Enterprises.  Management needs advice in determining how to allocate these costs utilizing a job order costing system either department-wide or company-wide.   Address Questions 1through 5 loca..

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what is expected interest rate that will charge

Illustrate what is expected interest rate that will be charged by a bank that cannot exactly distinguish between two types but knows probabilities of each type.

  Compute the herfindahl-hirschman index

An industry consists of three firms with sales of $200,000, $500,000, and $400,000. Compute the Herfindahl-Hirschman index.

  Illustrate what money supply should the fed set in year

Illustrate what money supply should the Fed set in year 2009 if it wants to keep the price level stable.

  Elucidate what is the fair price of this bond

Suppose that two UK government bonds have same face values with £100. One has an outstanding maturity of 2.5 years. Its coupon rate is 9.75% and coupons are paid semi-annually.

  Illustrate what will happen to aggregate demand

If the world economy expands so that foreign demand for U.S.-made goods increases, in the short run Illustrate what will happen to aggregate demand, the price level, and real GDP in the U.S..

  Explain how computations were correct

there was a month were employment and the unemployment rate rose. Suppose the computations were correct, explain how is it possible for both to have increased.

  Elucidate how a decline in the cost of business travel

Elucidate how a 20% decline in the cost of business travel would impact this company's budget if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour.

  Illustrate what is the short run total cost of producing

Currently, boats rent for $500 per day and workers cost $100 per day. Suppose your company decided purchase 12 shrimp boats (Jenny 1 - Jenny 12). These boats are a fixed resource for the firm. Illustrate what is the short run total cost of produci..

  Calculate the nominal interest rate

Suppose the fisher hypothesis holds for an economy that has an expected real interest rate of 2 percent. For each of the expected inflation rates of 0,2,4,6, and 8 percent, calculate the nominal interest rate and the after tax expected real intere..

  Write down the profit maximization problem

Write down the profit maximization problem for the rm.

  What is your position on this debate

Critics of this approach countered that a “zigzag path” that leads to new knowledge about economic phenomena or economic problems is clearly preferable to a “precise path” that leads only to endless refinement of what is already known. What is you..

  Explain why does it matter which particular mix of price

Explain why does it matter which particular mix of price and quantity is selected.

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!

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