Find probability that four out of six answers are correct
What is the probability that on 10 True of False questions, 4 will be correct and 6 incorrect out of plain guess?
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In the month of March, Picard Spa services 500 clients at an average price of $120. During the month, fixed costs were $21,600 and variable costs were 60% of sales.
Using the ratio-to-moving-average method, determine the quarterly seasonal indices.
Successful completion of A will return $3000 (over cost), while successful completion of B will return $5000 (over cost). Prepare a report, with the aid of a decision tree, advising the investor of the best course of action.
A company is authorized to issue 50,000 shares of $50 par, 10%, noncumulative, nonparticipating preferred stock and 500,000 shares of no-par common stock.
Suze and Bess formed the Suzy B Company by making capital contributions of $130,000 and $195,000 respectively.
As the company is preparing its schedule of cash collections for its treasury department, the following collection curve(schedule) is being used:
Why do we not always use the median? Why is the mode not a very good measure for quantitative data?
In order to meet demand throughout each month, the company plans to maintain an ending inventory balance equal to 35% of the following months sales.
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