Find the pmf of the random variables
Let X be a discrete random variable that is uniform over the set of integers in the range [a,b], where a and b are given integers such that a < 0 < b. Find the PMF of the random variables max{0,X} and min{0,X}.
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Seaworth Company's gross sales in 2014 were 3930000. Assuming sales returns and allowances were 74000 sales discounts were 35000 and freight-out was 28000 what were Seaworthy's net sales in 2014?
A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours.
A bag of 31 tulip bulbs contains 12 red tulip bulbs, 12 yellow tulip bulbs, and 7 purple tulip bulbs. What is the probability that two randomly selected tulip bulbs are both red.
Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The company's annual fixed costs are $432,000.
A soft drink manufacturer is using a "winning" cap as a sales promotion. The purchaser can get a prize if they buy a bottle that has a "Winner" symbol under the cap. Winning symbol caps are placed randomly on 5% of the bottles.
A vertical line is drawn through a normal distribution at z = -1.00. The line separates the distribution into two sections. What proportion of the distribution is in the larger section?
Prepare flexible overhead budgets for October showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed.
The thickness of a laminated covering for a wood surface is normally distributed with a mean of 5 millimeters and a standard deviation of 0.2 millimeter.
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