Records selected are managed by susan

Assignment Help Finance Basics
Reference no: EM131537756

Part A

The average age of students in a career college is 28 years with a standard deviation of 12 years. It is known that the age of the students follows a normal distribution.

  1. What is the probability that a randomly selected student is older than 32 years?
  2. Fill in the blank: 25% of the students are older than ______ years?

Part B

12 accounting records were randomly selected from a large accounts receivable portfolio. 30% of the records in the portfolio are managed by Susan.

  1. What is the probability that exactly 4 of the 12 records selected are managed by Susan?
  2. What is the probability that at most 4 of the 12 records selected are managed by Susan?

Reference no: EM131537756

Questions Cloud

Which of the following cranial nerves innervates eye muscle : Which of the following cranial nerves innervates an eye muscle? Blood vessels enter the eye and nerve processes exit the eye at the
European call option on non-dividend-paying stock : Consider a European call option on a non-dividend-paying stock where the stock price is $40, the strike price is $40, the risk-free rate is 4% per annum,
Determine the potential unethical research practices : Summarize the business research project or article. Determine the potential unethical research practices that should be avoided in this project.
What range of prices of the underlying asset does the trader : For what range of prices of the underlying asset does the trader make a profit?
Records selected are managed by susan : What is the probability that exactly 4 of the 12 records selected are managed by Susan?
Identify categories of intervention that improve performance : Identify categories of interventions that may improve performance. Make sure to justify your answer to this question based on your research.
Evaluate the trading profits after charging such commission : Eric Stupher was trading as a furniture manufacturer and he submits to you the following information relating to the year ended 30th September, 1961.
Calculate the cost-effectiveness ratio : Calculate the cost-effectiveness ratio for the screening plan relative to the current plan of doing nothing.
What was the company trying to do and why was it necessary : What was the company trying to do? Why was it necessary? How might changes in one frame require other frames to adapt?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

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

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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