Deborah Kellogg buys Breathalyzer test sets for the Denver Police Department. The quality of the test sets from her two suppliers is indicated in the following table: Percent Defective 1% Probability
Answers
A Breathalyzer is a device that detects the alcohol content in a person's bloodstream through the exhaled breath. Deborah Kellogg purchases Breathalyzer test sets for the Denver Police Department. Supplier A's test kits have a higher quality than Supplier B's test kits, making them a better choice.
A good quality Breathalyzer test kit should give accurate results and help to identify individuals who are over the legal drinking limit. However, Deborah Kellogg is encountering a problem because both of her suppliers' test sets are defective to some degree. One of the suppliers is clearly providing a better quality product than the other.
Supplier A's test kits have a 1% defective rate, which means that there is a 1% chance that a test kit will be defective. Supplier B's test kits, on the other hand, have a 5% defective rate, which means that there is a 5% chance that a test kit will be defective. The probability of getting a non-defective test kit from Supplier A is therefore 99%, whereas the probability of getting a non-defective test kit from Supplier B is 95%.
Based on these numbers, Deborah should switch to Supplier A because their test kits are more reliable. If Deborah purchased 100 test kits from Supplier A, there would be a 99% chance that all 100 would be non-defective. If she purchased 100 test kits from Supplier B, there would be a 95% chance that only 95 of them would be non-defective. In other words, Supplier A's test kits have a higher quality than Supplier B's test kits, making them a better choice.
To know more about test sets, refer to the link below:
https://brainly.com/question/31756792#
#SPJ11
Related Questions
Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280
Answers
Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280
How to calculate the amountA monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.
Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70
= $980.
The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.
The profit is calculated as follows:
Profit = TR - TC = 980 - 700
= $280.
Learn more about price on
https://brainly.com/question/28420607
#SPJ1
How many acres are in a description reading, "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4"?
Answers
The main answer is that the description "The NW¼ of the SE¼ and the S½ of the SW¼ of the NE¼ of Section 4" does not provide enough information to determine the exact number of acres.
The description only specifies the fractional parts of various quarters within Section 4, but it does not specify the size of the section or the size of each quarter.
To determine the number of acres, we need to know the total area of Section 4 in acres. A section of land typically consists of 640 acres, but the exact size can vary depending on the jurisdiction or survey system being used. Once we know the total area of Section 4, we can calculate the number of acres based on the given fractional parts.
For example, if Section 4 is 640 acres, the NW¼ of the SE¼ would be (1/4) * (1/4) * 640 = 40 acres. The S½ of the SW¼ of the NE¼ would be (1/2) * (1/4) * (1/4) * 640 = 20 acres. However, without the information on the size of Section 4, we cannot accurately determine the total number of acres based on the given description.
In summary, the provided description only specifies fractional parts of various quarters within Section 4, and without the total area of Section 4, it is not possible to determine the exact number of acres.
To learn more about fractional parts : brainly.com/question/16824995
#SPJ11
What is an example of opportunity cost in business?
Answers
An example of opportunity cost in business:- If money is spent on hiring a cleaning service outside of the company, that money cannot be used to pay for a new employee.
The cost of an opportunity that was not taken is referred to as the opportunity cost. It is the inverse of the advantage that would have been received if an action that was not performed had been taken; the opportunity that was missed. The phrase "opportunity cost" may be used to refer to the profit that a company could have made from its capital, equipment, and real estate if the company had employed these assets in a different way. The value of an activity or alternative that is not pursued because of the selection of another item or activity is referred to as the opportunity cost. The concept of opportunity cost is relevant in any decision that requires choosing between two or more possible courses of action. It is typically represented as the relative cost of one choice in relation to the cost of the alternative that comes in second place.
To know more about Opportunity Cost
https://brainly.com/question/12121515
#SPJ4
you just got the amazon credit card. the annual rate is 19.6 nd interest compounds daily. what is the effective annual rate (ear)? convert to a percent round to 2 decimal places.
Answers
The Effective Annual Rate (EAR) for the Amazon credit card with an annual interest rate of 19.6% compounded daily is approximately 21.57%.
The Effective Annual Rate (EAR) for the Amazon credit card with an annual interest rate of 19.6%, compounded daily. To determine the EAR, we'll use the formula:
\(EAR = (1 + i/n)^{(n*t)} - 1\)
Where:
i = nominal annual interest rate
n = number of compounding periods per year
t = number of years
Here, the nominal annual interest rate (i) is 19.6% (0.196 in decimal form), the number of compounding periods per year (n) is 365 (daily compounding), and we're calculating for 1 year (t = 1).
Step 1: Divide the nominal annual interest rate by the number of compounding periods:
(0.196) / 365 ≈ 0.000536986
Step 2: Add 1 to the result from Step 1:
1 + 0.000536986 ≈ 1.000536986
Step 3: Raise the result from Step 2 to the power of the number of compounding periods:
\((1.000536986)^{(365\times 1)} \approx 1.215664\)
Step 4: Subtract 1 from the result from Step 3:
1.215664 - 1 ≈ 0.215664
Step 5: Convert the result from Step 4 to a percentage and round to 2 decimal places:
0.215664 * 100 ≈ 21.57%
to know more about Effective Annual Rate refer here:
https://brainly.com/question/29766128#
#SPJ11
The following are affected by the business structure you choose when you start your
business.
O a.
day-to-day operations, personal liability, and business name.
O b.
day-to-day operations, business location, and taxes.
О с.
profitability, personal liability, and taxes
O d.
day-to-day operations, personal liability, and taxes.
1
Answers
When you start business, the business structure you choose can affect your day-to-day operations, personal liability, and taxes.
What is a liability?Liability refers to the legal responsibility for one's actions or debts. It is an obligation to pay or perform something to another party. Liability can arise from various sources, such as contractual agreements, statutory laws, or common law. For instance, when a person borrows money from a bank, they have a liability to repay the loan amount to the bank within a certain period, according to the terms and conditions of the loan agreement. Liability can also arise from a person's actions or omissions that result in harm or damage to others. In such cases, the person may be held liable for the damages caused and may have to compensate the affected parties for their losses.
To learn more about liability, visit:
https://brainly.com/question/28391469
#SPJ1
You are trying to pick an account to put your money in. Why is the Rule of 72 useful during this process?
Answers
Answer:
The rule of 72 is a simple formula that shows how quick your money will double at a given return rate. Essentially, you can divide 72 by your annual compound interest rate and see how many years it will take for your investment to double.
Explanation: I hope this answer your question. if this wrong or correct please let me know.
Which one of these items is NOT a processed material?
O Paper
O Steel
O Sand
O Glass
Answers
Paper was originally tree, steel was metal, glass was heated to become glass
if the government changed the per-unit tax from $5.00 to $2.50, then the price paid by buyers would be $7.50, the price received by sellers would be $5, and the quantity sold in the market would be 1.5 units. compared to the original tax rate, this lower tax rate would a. decrease government revenue and increase the deadweight loss from the tax. b. decrease government revenue and decrease the deadweight loss from the tax. c. increase government revenue and increase the deadweight loss from the tax. d. increase government revenue and decrease the deadweight loss from the tax.
Answers
This lower tax rate would be option B. Decrease government revenue and decrease the deadweight loss from the tax.
Taxes are the mandatory contributions levied on individuals or corporations by a central authority entity—whether nearby, regional, or country. Tax sales finance government sports, such as public works and offerings consisting of roads and schools, colleges, or applications consisting of Social Safety and Medicare.
It derives from the Latin taxable which means 'to evaluate. Earlier than that, English used the associated phrase 'project', derived from an old French. For a while, 'project' and 'tax' have been each in no unusual use, the primary requiring the labor, the second one money.
Learn more about taxes here:-brainly.com/question/25783927
#SPJ4
What organizational & technical failures led to the data breach
at Equifax? (Please put where you got your sources from, thank
you!)
Answers
The organizational and technical failures that led to the Equifax data breach in 2017 have been extensively discussed and investigated. Sources such as the U.S. House of Representatives Committee on Oversight and Government Reform Report highlight the key failures.
These include the company's failure to patch a known vulnerability in a timely manner, inadequate security practices such as weak passwords and lack of encryption, poor communication and response to the breach, insufficient monitoring and detection systems, and issues with executive leadership and governance.
These failures collectively allowed hackers to exploit vulnerabilities, gain unauthorized access to sensitive data, and compromised the personal information of millions of individuals.
Learn more about Representatives Committee
https://brainly.com/question/16497550
#SPJ11
What are some jobs you can get before 16?
Answers
Answer:
Babysitting.
You can work at a lot of places, normal jobs, you're just required to takes breaks because you're a minor. You really just have to check with businesses in your area and see where you can work.
My friends work at a pizza place in our town, they were all under 16 when they started working there.
Explanation:
PLEASE QUICK (will give Brainliest)
Which questions should Robert ask himself before investing the $10,000 he inherited? Select four options.
How am I protected as an investor?
Are my friends investing in a similar way?
What guarantees are in place so I make money?
What taxes will I have to pay on this investment?
How do the risks compare to the potential gains?
What are the chances that the investment will fail?
(only 4 options)
Answers
Answer:
the answers are 3,4,5,6
What guarantees are in place so I make money?, What taxes will I have to pay on this investment?, How do the risks compare to the potential gains? and What are the chances that the investment will fail? are the questions should Robert ask himself before investing the $10,000 he inherited. Hence, option C, D, E and F are correct.
What is investing?Investing is the practice of buying assets that increase in value over time and provide returns in the form of income checks or capital gains. Investment can also be used more broadly to refer to spending time or resources to improving your own or others' life.
To invest, you put money into a fund or account with the goal of making a profit. Investing may result in larger returns over time (which may also involve more risk). Because of this, some individuals use investing to fulfill long-term goals like retirement.
Any strategy that generates prospective future income can be referred to as an investment. Purchasing securities like bonds, stocks, or real estate is one example of this.
Thus, option C, D, E and F are correct.
For more information about investing, click here:
https://brainly.com/question/15353704
#SPJ2
Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
Answers
hope I could help goodluck
"Using $20,000 in cash and a new loan of $80,000 to purchase land
for $100,000 will cause equity to
a. increase by $100,000
b. increase by $20,000
c. increase by $80,000
d. not change
Answers
The answer to the question is option D: equity will not change. Equity is the value of an asset minus any liabilities or debts associated with it. In this scenario, the individual is using $20,000 in cash and taking a new loan of $80,000 to purchase land worth $100,000.
When the land is purchased, the individual will have an asset (the land) valued at $100,000. However, they will also have liabilities of $80,000 from the loan. The equity can be calculated as the asset value minus liabilities, which in this case is $100,000 - $80,000 = $20,000.
So, the initial equity is $20,000, which is the same as the cash used. Since the land was purchased using a combination of cash and a loan, the equity will not change. The value of the land is offset by the new loan, resulting in the same equity amount.
In summary, the purchase of land using $20,000 in cash and a new loan of $80,000 will not change the equity, and the correct answer is option D: not change.
Learn more about Equity: https://brainly.com/question/33585348
#SPJ11
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answers
Answer:
B. Customer needs, company goals, profits
Explanation:
Which of the following relers to subsets of an entire market?
O market sets
O potential markets
O target markets
market mixes
Answers
according to some financial experts, how much of an investment program should a 50-year-old investor have in growth investments?
Answers
A 50 year old investor , should invest 70% in stocks and 30% in bonds.
It's important to note that these investments do not include emergency savings accounts. Financial planners suggest that from three months to 12 months of his salary be set aside for emergencies such as unemployment.
What kind of investment program should her 50-year-old investor in growth investing have?If you're under 50 and are saving for retirement, you can consider investing heavily in stocks. I still have years until retirement and can weather the current market turmoil. Consider investing 60% of your portfolio in stocks and 40% in bonds by the time you turn 50.
What percentage of your money should you invest?However, this percentage will vary depending on your income, savings and debt. “Ideally, invest about 15% to 25% of your after-tax income,” says Mark Henry, founder and CEO of Alloy Wealth Management. "If you need to start small and work toward that goal, that's fine.
Learn more about growth investment :
brainly.com/question/24841216
#SPJ4
harmful substances which contaminate water are collectively called
Answers
Answer:
Ground Water Contamination
Explanation:
I'll be honest I'm not 100% sure.
Strategies companies in sa may use to protect the environment
Answers
Answer:
As part of CSI , businesses should practice going 'Green' to reduce the amount of carbon emissions that are released in the manufacturing of businesses as well as water pollution.
in general, the threat of substitutes is heightened because the internet lowers switching costs. lowers barriers to entry. introduces new ways to accomplish the same task. increases output per unit of cost.
Answers
The threat of substitutes is heightened because the internet lowers switching costs, lowers barriers to entry, introduces new ways to accomplish the same task, and increases output per unit of cost.
The internet has made it easier for consumers to find and switch to substitute products and services, thereby increasing competition and putting pressure on companies to innovate and lower their prices.
The internet has also made it easier for new entrants to enter the market and offer substitute products, further increasing the threat of substitutes. Additionally, the internet has introduced new and more efficient ways to accomplish many tasks, making it easier for consumers to find substitutes.
Finally, the internet has increased the efficiency and output per unit of cost of many products and services, making it easier for consumers to switch to substitute products that offer similar benefits at a lower cost.
For such more question on threat
https://brainly.com/question/30462461
#SPJ4
Assessment II - Factors Affecting Employee Motivations
Coaching and Motivating Employees
Which of the following is NOT a cause of motivation deficiency?
O Redundancy in a job
O Performance mased coaching
O Increased tension of conflict
O Fulfilled needs and wants
Answers
Answer:
EASY
Explanation:
EASY
Explain how international trade, human capital, and physical capital can lead to economic growth.
Answers
Answer:
By following points international trade help in human capital and so on
Explanation:
1 International trade increases competition between national and international products
2 It strengthens bilateral and multilateral relationship
3 It enhances employment opportunities and helps in profit from trade sulprus
4 It facilitates specialization in the production of goods and services
5 It encourages national products to increase the quality at lower price.
6. It helps in production firms and companies to expand a large scale due to the entry of their products in international markets
Capital formation leads to the increase rate of savings due to which people can invest their saving in the productive sectors and can earn profit. Capital helps to increase the further wealth. Due to which people can raise their living standards. Country will be prosperous, reduction of poverty takes place in the country, proper mobilization of goods and services will be done properly e.t.c
Hope this helps
Have a great day. Thank you
Entrepreneurial judgment Group of answer choices is necessary to make business decisions when no fixed decision rule can be used. is fully incorporated into modern economic models of business behavior. requires decision makers to follow carefully defined rules regarding uncertainty, discovery, and business judgment. requires government advice and regulation.
Answers
10.Consider the following pairs of 6 observations: Xi Yi 5 31 11 40 4 30 5 34 3 25 2 20 β1 = 2 β0 = 20 SSE = 42
SSxy = 100 SSxx = 50 a.) Compute Sβ1. b.) Construct a 95% CI for β1.
Answers
a.) Calculation of Sβ1 is as follows; Sβ1 = 10 / [(6 * 50) - (5 ^ 2)] = 10 / 260 = 0.03846b.)
The formula for the 95% confidence interval for β1 is:β1 ± t(α/2, n-2) * Sβ1 = 2 ± t(0.025, 4) * 0.03846 = 2 ± 3.182 * 0.03846 = 2 ± 0.1225Therefore, the 95% confidence interval for β1 is 1.8775 to 2.1225 (rounded to four decimal places).
Learn more on interval here:
brainly.in/question/20475346
#SPJ11
according to the text, ________ are the most important actors in a company's microenvironment.
Answers
According to the text, customers are the most important actors in a company's microenvironment.
How Microenvironment Affect Business Decisions?Micro variables rarely have an equal impact on all companies in a sector in the marketing environment. The reason is that every business is unique in terms of its scope, capabilities, available resources (financial and human), and overall business strategies. For instance, competition have an impact on how businesses make decisions. A well-known brand of Apple Inc. is MacBook Pro. Apple Inc. is having a difficult time and is undoubtedly influenced by the HP Spectre 13 and Dell XPS 13 laptops when making decisions. Apple has already released a touch bar with usable keys. Around order to compete with its rivals and maintain its client base, Apple Inc. may release a MacBook Pro with an Intel Coffee Lake Processor in the middle of 2018.
To learn more about microenvironment visit;
https://brainly.com/question/15408651
#SPJ1
cellphones are one form of communication technology, give any other form
Answers
Answer:
television,newspaper,radio,laptops,computer etc..
Answer:
TRANSPORT AND LANDLINES.a blockchain can be used to record transaction information to a ledger that contains digital _____ contracts.
Answers
A blockchain is a decentralized digital ledger that allows for secure and transparent record-keeping of transactions. This technology is often associated with cryptocurrencies such as Bitcoin, but it has many potential use cases beyond just digital currency.
One of the key features of a blockchain is its ability to store digital contracts or smart contracts. Smart contracts are self-executing contracts with the terms of the agreement written directly into lines of code. These contracts are stored on the blockchain and automatically enforce the terms of the agreement when certain conditions are met.
Smart contracts can be used in a variety of industries to automate and streamline business processes. For example, they can be used in supply chain management to automatically trigger payments when certain conditions are met, or in real estate to automatically transfer ownership of a property when the conditions of the sale are met.
The use of smart contracts on a blockchain allows for greater transparency and security in transactions, as all parties involved can see the terms of the contract and the details of the transaction in real-time. Additionally, the use of blockchain technology eliminates the need for intermediaries such as banks or lawyers, which can reduce costs and increase efficiency.
For more such questions on blockchain
https://brainly.com/question/27230408
#SPJ4
bradley company sells a product that has variable costs of $51 each and a sales price of $76 each. bradley has fixed costs of $102,500 and a desired profit of $27,500. if the company is able to reduce its variable cost per unit to $36 while holding all other items constant, the number of units that must be sold to earn the desired profit will
Answers
The response is that it drops by 1,875. (Choice b)
How many units must be sold in order to get the desired profit?Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs. They may also be regarded as typical expenses. The current sales volume needed to generate a $25,000 profit is calculated as follows: ($25,000 + $100,000) / ($75 - $50) = 5,000. The amount of sales needed following the cost reduction to generate a profit of $25,000 is calculated as follows: ($25,000 + $100,000) / ($75 - $35) = 3,125 (desired profit + fixed cost) / ($selling price - new variable costs per unit).
To know more about variable costs visit:
https://brainly.com/question/28013522
#SPJ4
How does the work done by agriculture communications professionals compare to and differ from that of other marketing workers?
Answers
Answer:
Agriculture communications professionals need to have the same basic background on marketing, covering areas such as market research, product research, and market communication.
However, they will also need to have an agriculture-related background, because they need to understand the dynamics of the agriculture business, from farm issues, to the kind of crops or produce that they can buy or sell in a specific area, to even agricultural policy.
Which of the following is NOT a repayment plan option?
O Extended repayment plan
O Loan forgiveness repayment plan
O Income sensitive repayment plan
O Graduated repayment plan
Answers
Answer: Loan forgiveness repayment plan.
Explanation:
The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.
The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.
The Graduated Repayment Plan: This is a repayment plan option which increases every two years.
The loan forgiveness repayment plan is not a repayment plan option.
What are the big vaping companies?
Answers
There are several major vaping companies that have established themselves as leaders in the vaping industry, including-\
JUUL LABS, Vuse,Blu,NJOY,Logic etc.
JUUL Labs: JUUL is a San Francisco-based company that is best known for its sleek and discreet vaping devices. JUUL dominates the e-cigarette market and has faced criticism for its marketing practices.
Vuse: Vuse is a subsidiary of British American Tobacco (BAT) and offers a range of vaping products, including disposable e-cigarettes and refillable devices.
Blu: Blu is a subsidiary of Imperial Brands and offers a range of vaping products, including disposables and rechargeable devices.
NJOY: NJOY is a popular vaping brand that offers a range of devices and e-liquids. NJOY was one of the first e-cigarette companies to enter the US market.
Logic: Logic is a subsidiary of Japan Tobacco International (JTI) and offers a range of vaping products, including disposable e-cigarettes and refillable devices.
Overall, these companies have been at the forefront of the vaping industry and have contributed to its rapid growth in recent years. However, the industry is facing increased scrutiny over health concerns and regulation, which may impact the future of these companies.
For more such questions on vaping
https://brainly.com/question/14030928
#SPJ4