The revenue x from the sales of a company has an expected, Business Economics

+44 141 628 6080
[email protected]

The revenue x from the sales of a company has an expected

The revenue (X) from the sales of a company has an expected value of $7,403, with a standard deviation of $551 while the cost (Y) has an expected value of $4,566, with a standard deviation of $348. The covariance between the revenue and cost is 1,434. What is the variance of the profit (X-Y) of the company?

Request for Solution File

Ask an Expert for Answer!!

Business Economics: The revenue x from the sales of a company has an expected

Reference No:- TGS01301147

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Business Economics

Q : Many of the proponents of price ceilings argue that

many of the proponents of price ceilings argue that government-mandated maximum prices such as rent controls in new

Q : The role members of congress serve in acting on behalf of

discussion topic delegates amp trustees delegate the role members of congress serve in representing the interests and

Q : Suppose the price of bippitybops is currently 120 per

suppose the price of bippitybops is currently 120 per bippitybop shown as point a on the initial graph because the

Q : The process of being served at a bank consists of two

the process of being served at a bank consists of two partsmdashthe time waiting in line and the time it takes to be

Q : The revenue x from the sales of a company has an expected

the revenue x from the sales of a company has an expected value of 7403 with a standard deviation of 551 while the cost

Q : A company that manufactures general-purpose transducers

a company that manufactures general-purpose transducers invested 2 million 4 years ago in high-yield junk bonds if the

Q : In order to restructure some of its debt general motors

in order to restructure some of its debt general motors decided to pay off one of its short-term loans if the company

Q : Q55-05pgiven the firmrsquos demand function q55-05p where p

q55-05pgiven the firmrsquos demand function q55-05p where p price and q rate of output and the total cost function

Q : What recent advertising have you found to be particularly

what recent advertising have you found to be particularly interesting - something that made you want to learn more

1955257

Questions
Asked

3,689

Active Tutors

1444594

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

How the major schools of thought within sociology

Question: Discover how the major schools of thought within sociology explain social stratification.

How coastlines are vulnerable to multiple climate change

Even though are coastlines are very vulnerable to multiple climate change impacts, the good news is that because most of our urban settlements

Symbolic interactionism took off as a theoretical approach

Question: Symbolic interactionism took off as a theoretical approach to the study of deviance during the 1960s

Statement about political systems controlled by men

Multiple Choice Question Identify a true statement about political systems controlled by men. Multiple choice question.

Compare critical feminist theory and power-control theory

Compose a paper that compares and contrasts critical feminist theory and power-control theory as forms of gendered criminology. Your paper should:

Which are forms of media bias

Question: Which of the following are forms of media bias? (Select all that apply)

Which of the things happened first

Which of the following things happened first? Group of answer choices Women gained the right to vote Seneca Falls Convention Margaret