User Account

All Pages

Average salary for all of the employees

Assignment Help Mathematics
Reference no: EM131102933

Each employee of a certain company is in either Department X or Department Y, and there are more than twice as many employees in Department X as in Department Y. The average (arithmetic mean) salary is $25,000 for the employees in Department X and $35,000 for the employees in Department Y. Which of the following amounts could be the average salary for all of the employees of the company?

Indicate all such amounts.

  1. $26,000
  2. $28,000
  3. $29,000
  4. $30,000
  5. $31,000
  6. $32,000
  7. $34,000

Reference no: EM131102933

Questions Cloud

Representing the height in inches of a population : X is a random variable representing the height in inches of a population. Assume that X is normally distributed with mean = 70 and sigma = 5. If I pick a person at random from the population, what is the probability that their height will be bet..
The conventions of a formal business letter : On average Wacky Jack's Family Fun Center has spent nearly $100,000 each year on toys and crafts from JHAL Trader Company to give away at their prize redemption counter. Wacky Jack's also maintains a somewhat regular ordering schedule, with severa..
Probability of it having an automatic transmission : Relevant probabilities for the combinations are given below. If you pick a car at random, and it turns out to be blue. What is the probability of it having an Automatic Transmission?
What is the best outcome and given the consequences : Analyze your chosen scenario from a critical thinking perspective. What is the moral responsibility of all participants? What are the stakeholders' moral failings?
Average salary for all of the employees : The average (arithmetic mean) salary is $25,000 for the employees in Department X and $35,000 for the employees in Department Y. Which of the following amounts could be the average salary for all of the employees of the company?
How large should wei''s dividend payout ratio : The Wei Corporation expects next year's net income to be $15 million. The firm's debt ratio is currently 40%. Wei has $12 million of profitable investment opportunities, and it wishes to maintain its existing debt ratio. According to the residual dis..
Standard deviation of the resistance distribution : What are the mean value and standard deviation of the resistance distribution?
Expected cost of the search : You are trying to locate a stolen car using a helicopter. The helicopter costs $350 per hour to rent. The number of hours to find the car follows a discrete uniform random variable with a = 3 and b =11. What is the expected cost of the search?
What will be its payout ratio : The company wants to maintain a target capital structure which is 60 percent debt and 40 percent equity. The company forecasts that its net income this year will be $600,000. If the company follows a residual distribution model and pays all distribut..

Reviews

Write a Review

Mathematics Questions & Answers

  Describe the shape of the histogram

Describe the shape of the histogram. The probability that there are five first-shift workers. The probability that there are four second-shift workers.

  Calculate an appropriate test value to test the hypothesis

two groups were polled about thier attitudes towards capital punishment. In one group 30 out of 100 favored capital punishment, and in the other group 40 out of 80 favored capital punishment. Calculate an appropriate test value to test the hypothe..

  How fast is the tip of the pendulum swinging

A pendulum swings through an angle of 20 degrees each second.If the pendulum is 40 inches long, how fast is the tip of the pendulum swinging?

  Prove that if f is differentiable at a and fa 6 0 then f

prove that if f is differentiable at a and fa 6 0 then f is also differentiable at a. give an example to show why the

  What the probability that mr wood average daily sales less

Consider a large clothing shop in Sydney. Suppose it is known that the number of business suits sold per day is normally distributed with a mean, μ = 23 and standard deviation, σ = 10. What is the probability that Mr Wood's average daily sales wil..

  Arithmetic sequence or a geometric sequence

For each exercise, specify whether it involves an arithmetic sequence or a geometric sequence and use the proper formulas where applicable.

  Prepare a frequency distribution table

Prepare a frequency distribution table and histogram on the following sample data

  Suppose a significance level of a005 claim women have

1. in a 3m privacy filters poll 806 adults were asked to identify their favorite seats when they fly and 492 of them

  Rate of change and fundamental theorem of calculus

The resale value of a certain industrial machine decreases at a rate that depends on its age. When the machine is t years old, the rate at which its value is changing is -960e^-t/5 dollars per year.

  Express the hydrostatic force against one side of the plate

A 4 ft high and 7 ft width rectangular plate is submerged vertically in water so that the top is 1 ft below the surface. Express the hydrostatic force against one side of the plate as an integral and evaluate it.

  Conduct the appropriate test at the a = 0.05 level

Conduct the appropriate test at the a = 0.05 level of significance

  Find the predictive value of a positive test

Find the predictive value of a positive test.

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