Business, 16.07.2019 23:30 Billie9166

An entrepreneur in a developing country owns 10 food carts. he has ten employees to work with these food carts. let xi be a random variable representing revenue from cart i (on a particular day), i = 10. xi is approximately normally distributed with mean $35, and variance 64 (squared dollars). revenues of the different carts are independent. how many carts would the entrepreneur have to own in order for the probability to be at least 0.90 that average revenue on a particular day will be between $33 and $37? the cumulative distribution function of a normal random variable is denoted by in this exercise.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 12:30

Savvy sightseeing had beginning equity of $90,000; revenues of $144,000, expenses of $83,000, and dividends to stockholders of $10,800. there were no stockholder investments during the year. calculate ending equity.

Answers: 3

Answer

Business, 21.06.2019 20:20

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

Answers: 2

Answer

Business, 21.06.2019 22:00

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

Answers: 3

Answer

Business, 22.06.2019 12:10

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

Answers: 3

Answer

You know the right answer?

An entrepreneur in a developing country owns 10 food carts. he has ten employees to work with these...

Questions