Business, 10.10.2019 21:00 smeeden

Abusiness executive, transferred from chicago to atlanta, needs to sell her house in
chicago quickly. the executive’s employer has offered to buy the house for $210,000, but
the offer expires at the end of the week. the executive does not currently have a better offer
but can afford to leave the house on the market for another month. from conversations with her realtor, the executive believes the price she will get by leaving the house on the market
for another month is uniformly distributed between $200,000 and $225,000.
a. if she leaves the house on the market for another month, what is the mathematical expression
for the probability density function of the sales price?
b. if she leaves it on the market for another month, what is the probability she will get at
least $215,000 for the house?
c. if she leaves it on the market for another month, what is the probability she will get
less than $210,000?
d. should the executive leave the house on the market for another month? whyorwhynot?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:50

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.

Answers: 2

Answer

Business, 22.06.2019 12:40

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Answers: 3

Answer

Business, 22.06.2019 13:10

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

Answers: 1

Answer

Business, 22.06.2019 16:30

Why are there so many types of diversion programs for juveniles

Answers: 2

Answer

You know the right answer?

Abusiness executive, transferred from chicago to atlanta, needs to sell her house in
chicago q...

Questions