For any continuous random variable, the probability that the random variable takes on exactly a specific value is
1.00
0.50
any value between 0 to 1
almost zero
Answers
For any continuous random variable, the probability that the random variable takes on exactly a specific value is almost zero.
A random variable is a numerical summary of the outcome of a random experiment. It can be either continuous or discrete. The probability that a continuous random variable will take on any specific value is always almost zero. Since the probability of getting any specific value in a continuous distribution is zero, this is the case. This is because a continuous probability distribution can take on an infinite number of values between any two points.
As a result, the possibility of the random variable taking on any particular value is minuscule. Although the probability of getting any exact value is nearly zero, we can estimate the probability of a random variable taking on a range of values by computing the area under the probability density function (PDF) curve over that range.
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Related Questions
Ramon has been appointed the manager of a retail store. He wants to bring the store into the modern era and direct its future by utilizing the latest trends in visual merchandising. What can Ramon do to achieve this?
Answers
Answer:quit school and beco
Explanation:
Answer:
C. install mannequin robots to display clothes
Explanation:
Among the offered answers, a truly avantgarde, modern approach is to implement robot mannequins in the store. With this tactic, customers would be incentivized to approach this innovative customer journey. Through pioneering this technique, Ramon's company would get a competitive advantage through visual merchandising.
An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)
-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors
Answers
Answer:
the answer is planning, ensuring, and acting
PLZ HELP ME!!!!!!
Which statement about credit card interest rates is TRUE?
A.) The more money you spend on purchases, the higher your interest rate will be
B.) A high interest rate means you'll pay MORE money total
C.) A high interst rate means you'll pay LESS money total
D.) Most credit cards do not charge any interest rate
Answers
Answer:
I think its A?
Explanation:
gertrude quit her $40,000- per- year job to start her own own consulting firm. she withdrew her savings of $50,000 which was earning her an interest of $2000 in the bank and invested in her own consulting firm. at the end of her first year of operation, her total revenues were $208,000. her total explicit costs were $108,000. how much are her accounting profits from her own consulting firm? group of answer choices $30,000 $100,000 $50,000 $48,000
Answers
Gertrude's accounting profits from her consulting firm are $100,000, calculated by subtracting explicit costs ($108,000) from total revenues ($208,000).
To calculate Gertrude's accounting profits, we need to subtract her explicit costs from her total revenues.
Total revenues = $208,000
Explicit costs = $108,000
Accounting profits = Total revenues - Explicit costs
= $208,000 - $108,000
= $100,000
Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
Therefore, Gertrude's decision to start her own consulting firm has resulted in a positive accounting profit of $100,000. This indicates that her firm's revenues from consulting services exceed the explicit costs incurred in running the business.
It is important to note that accounting profits do not take into account implicit costs, such as the opportunity cost of Gertrude quitting her job and the foregone interest income from her savings. However, based on the given information, her accounting profits alone amount to $100,000. Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
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Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservation screen, you are informed that you will be charged an additional $30 a night in various taxes that you have to pay to the hotel.
Indicate whether each of the given factors is likely to raise the economic burden of the tax for you or for the hotel. (for each of the following)
i- A hurricane recently ravaged the area, resulting in many vacancies at competing hotels.
ii- There are many other hotels in the area
iii- It is the peak of tourist season
iv- The hotel has unique architecture and is considered a historical landmark.
Answers
Answer:
iii
Explanation:
Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.
A hurricane would raise the burden of tax on the hotel.
The availability of many hotels would raise the burden of tax on the hotel.
The peak of tourist season would raise the burden of tax on you.
As a result of the hotel's architecture, the burden of tax would raise on you.
What does the burden of tax mean?
Economic burden of tax refers to who pays more tax between the buyer and the seller. The economic burden of tax depends on the elasticities of demand of the consumer and the elasticities of supply of the supplier.
The party between the supplier and the consumer that has a more elastic demand or supply would bear less tax burden and the party that has a less elastic demand would bear more tax burden.
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It’s in the picture pleaseee I need this today
Answers
Answer:
Could you make it bigger?
Answer:
What are u asking
Explanation:
the business partnership between atlantic and stax dissolved in part due to
Answers
The business partnership between Atlantic and Stax dissolved in part due to irreconcilable differences and conflicts.
Partnerships can face various challenges and disagreements that can ultimately lead to their dissolution. In the case of Atlantic and Stax, the partnership may have encountered significant disagreements or conflicts that could not be resolved, making it difficult or impossible for them to continue working together. These irreconcilable differences could have stemmed from a variety of factors, such as differences in business objectives, decision-making processes, management styles, financial expectations, or conflicts over the direction and strategy of the partnership. Disagreements of this nature can erode trust and undermine the foundation of a partnership, making it unsustainable in the long term.
When faced with unresolved conflicts and an inability to find common ground, the partners may choose to dissolve the partnership to pursue their respective interests independently or explore alternative business arrangements. Dissolving a partnership allows the partners to separate their assets, liabilities, and business operations, enabling them to pursue their own ventures or seek new partnerships that align better with their goals and values.
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-What consumer credit is
- What consumer credit is used for
- Pros of consumer credit
-Cons of consumer credit
Answers
Based on the investment concept, consumer credit is defined as the personal debt taken by individuals to purchase goods and services.
What is a Consumer Credit?Consumer credit is a term that is used to describe the use of taking credit for personal needs such as goods and services other than the mortgage.
Consumer good is often referred to as the unsecured debt that is taken on to buy everyday goods and services.
Consumer credit is used for the following:allows consumers to borrow money or incur debt,to defer repayment of that money over timeto pay for goods and services.Pros of consumer creditIt enables consumers to get an income advance to buy products and services.It can be a lifesaver in an emergency.Cons of consumer creditThe failure to pay costs to consumers increases exponentially through interest charges.Hence, in this case, it is concluded that Consumer credit is significant to individuals
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Kerr Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2,100,000 and $20,000 (Cr.), respectively. An aging of accounts receivable indicated that $170,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
Answers
Answer:
$150,000
Explanation:
Calculation to determine what The amount of the adjusting entry for bad debts at December 31 is
Using this formula
Bad debts=Accounts receivable-Allowance for Doubtful Accounts
Let plug in the formula
Bad debts=$170,000-$20,000
Bad debts=$150,000
Therefore The amount of the adjusting entry for bad debts at December 31 is $150,000
Why do you think business provide bonus to its employees?
Answers
Answer: See explanation
Explanation:
Bonus is sum of money that is added to the wage or salary of an employee. The role of bonus to employees is vital. Firstly, bonus is given to the employees to improve their morale.
Secondly, bonus motivates employees. When, employees are given bonus, it tends to motivate and they tend to work harder.
Thirdly, bonus tends to build team collaboration. Lastly, bonus boosts productivity. As the employees are motivated, they work harder and this can help them reach their goals and boost their productivity and bring about growth of the organization.
Builds Team Collaboration. ...
Creates Friendly Competition Among Staff
Next → Post Test: Electronic Correspondence and Digital Media
16
customers.
Select the correct answer from the drop-down menu.
A furniture store has uploaded pictures of its products to advertise them on its social networking page. What is the purpose of this post?
The purpose of this post is to
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Reader
Answers
The purpose of the post by the furniture store which uploaded pictures of its products to advertise them on its social networking page is to advertise their products.
Why do companies upload product photos to social media?The reasons why a company such as the furniture store would upload the photos of its products to their social media page is to advertise them.
Social media has access to a lot of people and so when the furniture store uploads pictures, it leads to more people learning about their products.
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Answer:
The answer is Persuade I got it right on the test.
which of the following is the best example of social regulations?
a. inflation rate regulations
b. anti-trust legislation
c. health and safety standards
d. regulations against price gouging
Answers
Answer:
Explanation:
The answer is C
Answer:
Health and safety standards
Explanation:
I just got it correct on the test!!!
the exponential form of 6×6×6×6 is 6 the base is 4 True or False?
Answers
carlton company uses the percent of sales method to estimate its bad debt expense. based on past experience, the company estimates 2 percent of credit sales to be uncollectible. at the end of the current year, the company's unadjusted trial balance shows accounts receivable of $245,000 and credit sales of $900,000.
Answers
The necessary adjusting entry for Carlton Company on December 31 would be: Bad Debt Expense $18,000 and Allowance for Doubtful Accounts $18,000
Under the percent of sales method, the company estimates the amount of uncollectible accounts based on a percentage of credit sales. In this case, the company estimates 2% of credit sales to be uncollectible. So, the estimated bad debt expense for the current year would be $900,000 x 2% = $18,000.
To record this adjustment, the Bad Debt Expense account is debited for $18,000 and the Allowance for Doubtful Accounts account is credited for the same amount. The Allowance for Doubtful Accounts account is a contra-asset account that reduces the balance of the Accounts Receivable account to its estimated net realizable value.
This adjustment will ensure that the balance sheet reflects a more accurate estimate of the company's accounts receivable and related bad debt expense.
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Complete question:
Carlton Company uses the percent of sales method to estimate its bad debt expense. Based on past experience, the company estimates 2 percent of credit sales to be uncollectible. At the end of the current year, the company's unadjusted trial balance shows Accounts Receivable of $245,000 and Credit Sales of $900,000 Prepare the necessary December 31 adjusting entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit columns
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
Answers
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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All else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be
Answers
All else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
What is financial plan?This is a document, which outline one's financial plan, including long and short terms. Financial plan helps determine short and long-term financial goals and create a balanced plan to meet those goals.
Hence, all else equal, when the rate of growth in sales or assets in a financial plan is higher, external financing needs will be greater.
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is a physical count of items in inventory used to reduce the discrepancies between inventory records and the actual items on hand.
Answers
Answer:
Inventory cycle counting
Explanation:
Inventory cycle counting is a physical count of items in inventory used to reduce the discrepancies between inventory records and the actual items on hand.
Cycle counting is an inventory audit process. Under this process, a small part of the inventory is counted on a specific day. The purpose of cycle counting is the verification of inventory accuracy and identify and reduce inventory errors that occurs while recording the inventory.
What causes excess supply and excess demand?
Answers
Excess supply and demand are caused by factors such as inflation or deflation, changes in foreign exchange reserves, population growth (because there were previously fewer people), political instability, and changes in foreign exchange reserves. These factors are collectively referred to as disequilibrium.
Disequilibrium:- A market-based economy is in a state of disequilibrium when the forces of supply and demand are out of balance. When internal or external factors hinder the market from achieving equilibrium, the market eventually becomes out of balance.
In this case, the quantity supplied does not equal the quantity required at the agreed-upon price.
leads to price issues and a loss of economic balance.
Excess supply is a state of disequilibrium that occurs when there is insufficient demand to balance the supply. Oversupply is the opposite.
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Abburi Company's manufacturing overhead is 40% of its total conversion costs. It direct laboris $63,600 and if direct materials are $23,800,the manufacturing overhead is:_________
Answers
It direct labor is $63,600 and if direct materials are $23,800,the manufacturing overhead is:$25,440
What are conversion costs of production?
Conversion costs are costs of labor incurred and other related expenses incurred in a bid to transform raw materials to finished goods, the only conversion costs in this case is direct labor, which is $63,600, in other words, the Abburi Company's manufacturing overhead is 40% of direct labor costs
manufacturing overhead=40%*direct labor costs
direct labor costs=$63,600
manufacturing overhead=40%*$63,600
manufacturing overhead=$25,440
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state a comparison of
the arrangement of the molecules in ice and in liquid water
ice-
liquid water-
Answers
Answer:
Ice, liquid water, and water vapor differ in the arrangement and motion of water molecules
Explanation:
Which statement is true regarding the use of the Logon Hours option under a user's account?a. Logon hours can be set for specific days of the month, as well as holidaysb. The Logon Hours forces a user to log off during "Logon denied" periodsc. Logon Hours can't be changed during weekendsd. The Logon Hours can't be used to disconnect a user that has already logged in
Answers
The correct statement regarding the use of the Logon Hours option under a user's account is: b. The Logon Hours forces a user to log off during "Logon denied" periods. This feature allows administrators to control when a user is allowed to log in and helps ensure security by restricting access during certain times.
The true statement regarding the use of the Logon Hours option under a user's account is that it allows an administrator to specify the times of day when a user is allowed to log on to the network, but it does not apply to specific days of the month or holidays. If a user attempts to log on outside of their specified Logon Hours, they will receive a "Logon denied" message and will be unable to access the network.
a. Logon hours can be set for specific days of the month, as well as holidays
b. The Logon Hours forces a user to log off during "Logon denied" periods
c. Logon Hours can't be changed during weekends
d. The Logon Hours can't be used to disconnect a user that has already logged
However, this does not necessarily force the user to log off if they are already logged on. An administrator can modify a user's Logon Hours at any time, including weekends, and can manually disconnect a user if necessary.
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There are many countries trying to develop a competitive advantage in different industries. A recent one in the news is Saudi Arabia, which is making very large investments in its so-called vision 2030 plan. The Saudi government is targeting the economic sectors of logistics, energy, mining, and what it just calls industry. Which of these sectors do you think by using Porter's Diamond Model is most likely to succeed in Saudi Arabia?
Answers
According to Porter's Diamond Model, the four factors that determine a country's competitive advantage in an industry are: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. Let's analyze each sector based on these factors:
1. Logistics: Saudi Arabia has a strategic geographical location that connects Europe, Asia, and Africa, making it a potential logistics hub. Factor conditions such as infrastructure, port facilities, and skilled workforce play a crucial role in the development of this sector. 2. Energy: As a leading oil-producing country, Saudi Arabia has abundant natural resources and factor conditions to support the energy sector. However, the country is also investing in renewable energy to diversify its energy sources, driven by demand conditions for clean energy. 3. Mining: Saudi Arabia is rich in minerals, such as gold, copper, and phosphate. The availability of these resources provides a strong foundation for the mining industry. However, the development of related and supporting industries, such as processing facilities, is crucial for this sector's growth. 4. Industry: This broad term could include various manufacturing and processing sectors. Saudi Arabia has been investing in petrochemicals, metals, and automotive industries, among others. Success in these industries depends on the availability of skilled labor, technology, and supporting industries.
Based on Porter's Diamond Model, I think the energy sector is most likely to succeed in Saudi Arabia due to the country's abundant natural resources and existing expertise in oil production. However, success in other sectors like logistics and mining is also possible with the right investments in infrastructure, supporting industries, and human capital development.
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asar1:sajan commerce business with cash rs150000and furniture rs5000
asar5:purchased goods form raj rs5000 on cash and 10000 on credit.
asar11:good sold to hair for rs10000 on credits.
asar15:cash received from hair rs 5000
Answers
Answer: i think its B
Explanation:
3.5. In a public limited company, the losses are
borne by the
(A) staff
(B) directors
(C) community
(D) shareholders
Answers
Answer: D
Explanation: Had this test before
Answer:
d
Explanation:
]
The procedures for using workgroup information systems need to be understood only by the IT department of an organization.
Answers
False,The procedures for using workgroup information systems need to be understood only by the IT department of an organization.
What is information systems?A formal, sociotechnical, organizational system designed to collect, process, store, and distribute information is known as an information system. Information systems are made up of four components from a sociotechnical standpoint: task, people, structure, and technology.
The field of information systems is concerned with the effective design, delivery, and application of information and communication technologies to solve problems for businesses, governments, and society.
System survey, needs analysis, design, implementation, testing, change, and maintenance are the six major stages of information system development.
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Briefly explain two ethical values that are necessary for all accountants.
Answers
Objectivity and independence are important ethical values in the accounting profession. ... Accounting services include general accounting, auditing, tax and management advisory services. Accountants who perform more than one of these services for a client may compromise their objectivity and independence.
Each tile shows an investors tax bracket
Answers
A work breakdown structure must be decomposed at least four levels in order to be effective. true false
Answers
A work breakdown structure must be decomposed at least four levels in order to be effective- FALSE
By adopting task breaking, a popular productivity technique, workload can be made more reasonable and approachable. The instrument used to apply this method to projects is the Work Breakdown Structure (WBS), one of the important project management papers. To ensure that project plans are in sync, it does it on its own by combining size, cost, and schedule baselines.
A Work Breakdown structure is used to graphically, hierarchically, and deliverable-focused decompose a project (WBS). Project managers can use it to break down the focus of their operations and view all the tasks required to complete them, making it a helpful diagram.
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Explain how other income streams such as photography and merchandise will be useful for the business. (8)
Answers
Answer:
Income streams such as photography and merchandise will be useful for the business is described below in detail.
Explanation:
The practices of photography are broad and therefore the businesses are extensive. the actuality is that if you are to sustain as an expert photographer today, and if you are to have the sources to proceed with what you are really enthusiastic about, then that often includes being open to, and actively evolving, various income streams, not all of which you will be uniformly passionate about.
severely affecting the health of miners, workers and surrounding communities.
Answers
Mining operations can have detrimental effects on the well-being of miners, workers, and communities living in close proximity.
The process of mining can result in environmental contamination through the release of harmful substances such as heavy metals and chemicals, which can contaminate water sources and pose health risks to nearby communities. Additionally, the dust, noise, and vibrations produced during mining activities can lead to respiratory issues, hearing loss, and other health complications for both workers and residents in the vicinity. Furthermore, the use of heavy machinery and explosives increases the potential for accidents and injuries among workers and nearby communities. To mitigate these risks and safeguard human health and the environment, it is imperative to enforce stringent regulations and implement robust safety measures in mining operations.As a result, implementing stringent regulations and safety protocols becomes imperative in order to mitigate these risks effectively and safeguard the well-being of individuals and the environment.
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