Determining the age of customers

Assignment Help Finance Basics
Reference no: EM131429368

The manager of a night club in Boston stated that 95% of the customers are between the ages of 21 and 27 years. If the age of customers is normally distributed with a mean of 24 years, calculate its standard deviation. (Round your answer to 2 decimal places.)

Reference no: EM131429368

Questions Cloud

Consideration to internal control factors : Describe how a company makes a purchase…starting with the requestor deciding on the specifications of what they want to purchase. Do not just list the steps, but instead describe what and why the steps need to take place with consideration to interna..
Develop a conclusion paragraph to the essay : Develop an introduction paragraph that attracts the reader's attention and provides sufficient background information for the reader to want to continue reading.
How relevant are organizational factors such as turnover : After a potential predictor of employee performance is identified, it is necessary to observe its relationship with one or more criterion measure(s) of work related behaviors and/or performance. The criterion measures selected for employee perform..
Average cumulative debt of recent college graduates : An estimated 1.8 million students take on student loans to pay ever-rising tuition and room and board (The New York Times, April 17, 2009). It is also known that the average cumulative debt of recent college graduates is about $22,100.
Determining the age of customers : The manager of a night club in Boston stated that 95% of the customers are between the ages of 21 and 27 years. If the age of customers is normally distributed with a mean of 24 years, calculate its standard deviation. (Round your answer to 2 deci..
The corporate social responsibility : The corporate social responsibility (CSI) is defined as ‘actions of firms that contribute to social welfare, beyond what is required for profit maximization’. However, what is the benefit of being engaged in CSI? Why these global players invest money..
Determine the kinetic energy of the triangular plate : Prob. 18.16. The triangular plate shown has a mass of 7.5 kg and is welded to a vertical shaft AB. Knowing that the plate rotates at the constant rate ω = 12 rad/s,
Find the probability that in a random sample : Use the forecast to find the probability that in a random sample of 88 major bridges in thecity, at least 3 will have an inspection rating of 4 or below in 2020. P(xgreater than or equals≥3)equals=nothing (Round to five decimal places asneeded.)
Develop a clear introduction to the essay : Develop clear and organized separate main body paragraphs and develop a clear conclusion - Develop clear topic sentences that have strong transitions for all main point paragraphs.

Reviews

Write a Review

Finance Basics Questions & Answers

  What arbitrage strategy was possible

The three-month forward exchange rate was 1.0300($ per franc). What arbitrage strategy was possible? How does your answer change if the exchange rate is 1.0500($ per franc).

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Define or describe the third-variable problem

In addition to the key words, you should also be able to define the following terms: third-variable problem directionality problem confounding variable random process placebo mundane realism experimental realism

  Difference in account value

He wants to save $5K for 25 years in his IRA that can earn 7% per year. What would be the difference in his account value of he made the payments at the beginning of each year rather than at the end?

  Time consuming activities

Explain why is short-term financial management one of the most important and time-consuming activities of the financial manager? Define net working capital?

  Calculate the present value of an investment

Calculate the present value of an investment whose cash flow would pay $5000 per year, to be paid out at the end of each year for three years, and where 1. that cash flow is projected to grow by an expected 6% per year in years two and and three.

  Andrea made the following gifts

Andrea made the following gifts

  N other changes took place in the number of shares

clampitt corporation had 60000 shares of common stock outstanding on january 1 2014. on april 1 2014 an additional

  Which differs in meaning from the other three

Of the following, which differs in meaning from the other three?

  It implements a money market hedge

a. Determine the amount of dollars that Narto Co. will receive at the end of 1 year if it implements a money market hedge.

  Describe sox requirements

Describe SOX requirements

  Evaluation of profit of college

Computation of profit of college at given number of student's strength - If the college can enroll 110 students the first year, how much profit will it make?

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