At any time during a project's execution phase, you can perform the assessment of what?
a. Planned Value
b. Actual Cost
c. Budget at Completion
d. Earned Value
Answers
At any time during a project's execution phase, you can perform the assessment of d) "Earned Value."
Earned Value is a project management technique that provides a measure of the work actually accomplished on the project at a given point in time. It assesses the value of the work completed in relation to the planned schedule and budget. By comparing the Earned Value to the Planned Value and Actual Cost, project managers can gain insights into the project's performance and progress.
Earned Value is calculated by multiplying the percent complete of each task by its planned value. It provides a quantitative measure of the project's progress and allows for comparisons with the planned schedule and budget. If the Earned Value is higher than the Actual Cost, it indicates that the project is ahead of schedule and under budget. Conversely, if the Earned Value is lower than the Actual Cost, it suggests that the project is behind schedule and over budget.
Assessing Earned Value enables project managers to track project performance, identify potential deviations from the plan, and make informed decisions regarding corrective actions. It provides valuable insights into the project's efficiency, cost-effectiveness, and overall progress towards completion.
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Related Questions
3. Wholesalers and retailers are commonly referred to as
A. franchises.
B. trade businesses.
C. trade agreements.
D. cooperatives.
4. A type of business that takes resources from the environment and converts them into a form that can be sold to manufacturers is a(n)
A. farming business.
B. extraction business.
C. retailer.
D. wholesaler.
5. A type of business that earns money through donations, government grants, or the sale of goods and services is a
A. nonprofit corporation.
B. sole proprietorship.
C. cooperative.
D. subchapter S corporation.
6. A type of business in which an established company sells the right for others to use the company's name and operating plan to sell products or services is a(n)
A. franchise.
B. farming business.
C. e-commerce business.
D. nonprofit corporation.
7. A type of business that buys goods and then sells them directly to consumers is a(n)
A. manufacturer.
B. extraction business.
C. retailer.
D. wholesaler.
Answers
Answer:
Explanation:
3. Trade Business ... including any and all business that buy from others companies to sell to the public.
4. Extraction business ... as they extract materials from the earth so that manufacturers can create valuable products for customers.
5. nonprofit corporation ... these corporations are legal entities which do not operate as a business and usually make all of their money through donations and grants to use for the benefit of the public, but can also sell goods and services for money.
6. franchise. ... there are many examples of franchises such as McDonalds, Target, Walmart etc. All of which sell the rights to individuals to operate under the franchises name.
7. retailer ... in other words these are the final stores where customers ultimately purchase the product. This can either be a brick and mortar store or an online shop.
. Let's say that P5000 is owed and is to be repaid in 5 years together with 8% annual interest. Let's use four specific plans to repay Plan 1. At end of each year pay P1000 principal plus interest due Plan 2. Pay interest at end of each year and principal at end of 5 years Plan 3. Pay in five equal end of year payments Plan 4. Pay principal and interest in one payment at end of 5 years, P5000 now plus 8% annual interest. Are all the four payment plans equivalent to each other? Explain your answer.
Answers
The four indicated payment schedules are not equivalent to each other. The timing of principal and interest payments varies, which has an impact on both the total amount paid and the interest that accumulates over time.
For five years, the borrower pays P1000 (principal plus interest) under Plan 1 at the end of each year. This indicates that over the course of the loan, both principal and interest are gradually paid back.
Plan 2 requires the borrower to pay only the interest at the end of each year, and by the end of five years, they must have completely repaid the principal. Due to the fact that the principal is not being lowered over time, this results in a smaller initial payment but a greater total interest payment.
In Plan 3, the borrower just pays the interest at the end of each year, and after five years, they have paid back the entire principal. In a manner similar to Plan 2, the principal is not decreased, resulting in a greater overall interest payment.
In Plan 4, the borrower makes a single payment at the end of five years that includes both the principle and interest. In other words, interest builds up over the entire loan term and is paid off at the end.
The timing of principal payments and interest accrual is the main distinction between the two programmes. While Plans 2 and 3 defer principal payment and lead to greater overall interest payments, Plans 1 and 4 include gradual principal repayment and interest accumulation over time. As a result, the four payment schedules are not equivalent.
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Which is a benefit of collaboration and teamwork?
A.It expands your social network and creates new connections.
B.It makes it more difficult to leave your current job.
C.It makes it easier to do your job since you can have other people do it.
D.It requires more work since you have to explain so much to other people.
Answers
Answer:
The Awnser Is A
Explanation:
It's the Best Awnser
Design app concept about Hotel Management System in app.moqups
Answers
Here's a guide on how to design an app concept about Hotel Management System in app.moqups.
Step-by-step guide:1. Create a new project in app. moqups and choose the device type you want to design for, such as a mobile phone or tablet.
2. Add a background image that represents a hotel or a hotel room.
3. Start by creating a landing page with the name and logo of the app and the main functionalities of the app. This page should also include a search bar to search for hotels.
4. Design a search results page that displays a list of hotels based on the user's search criteria, such as location, price, and ratings. Each hotel listing should include an image, name, description, and rating.
5. Create a hotel details page that displays more information about the hotel, such as the amenities, room types, rates, and availability. This page should also include a booking button that takes the user to a booking page.
6. Design a booking page that allows the user to select the check-in and check-out dates, the number of rooms and guests, and the payment method. This page should also include a summary of the booking details and a confirmation button.
7. Create a profile page that allows the user to manage their bookings, view their booking history, and update their personal information.
8. Design an admin dashboard that allows the hotel staff to manage the bookings, view the occupancy rates, and update the room availability. This dashboard should also include a messaging system that allows the staff to communicate with the guests.
9. Add additional features such as a review system, loyalty program, and chatbot that provides customer support. Hopefully, this step-by-step guide helps you to design an app concept about Hotel Management System in app.moqups.
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Leslie, a marketing manager at a consumer packaging company called U-goods, is considering mobile app development proposals from several companies.
Company A proposes a mobile game that uses product placements within the game to increase brand awareness. The mobile game costs $150,000 to develop. Leslie estimates that 6% of players will make purchases, resulting in $100 in lifetime value.
Company B offers to create a brand community of users for U-goods. Leslie estimates that the brand community will engage current customers and increase each customer’s lifetime value (CLV) from $100 to $120. In addition, word of mouth about the community could increase the value of the online social community. The brand community development entails a one-time cost of $1.2 million to create and maintain (in perpetuity).
1. How many players must play the mobile game developed by Company A for the investment to break even?
2. Company A estimates that 200,000 players will use the game without any advertising. How much additional value can Leslie generate if she spends an additional $200,000 to advertise the game to increase the number of players by 20%? What is the ROI of advertising? Assume that the conversion rate and the customer’s lifetime value remain unchanged.
3. How many people must use the brand community for it to break even, if we ignore the word-of-mouth effect?
4. How will the answer to question 3 change if we now consider the word-of mouth effect? To include the word-of-mouth effect, assume that each original user of the brand community invites five friends on average, of whom 2% convert to become regular users (these later users do not invite any more friends). Assume those friends who convert were not previously customers of U-goods and have a lifetime value of $120.
Answers
To determine the number of players needed for the investment in the mobile game developed by Company A to break even, we need to calculate the total revenue generated from player purchases.
The cost to develop the game is $150,000, and Leslie estimates that 6% of players will make purchases, with a lifetime value of $100 per player.
Let's denote the number of players needed to break even as "x."
Total revenue from player purchases = Lifetime value per player * Number of players = $100 * x
Since the total revenue needs to cover the development cost, we have the equation:
$100 * x = $150,000
To solve for x, we divide both sides by $100:
x = $150,000 / $100 = 1500
Therefore, Leslie would need at least 1,500 players to break even on the investment in the mobile game.
Company A estimates that 200,000 players will use the game without any advertising. If Leslie spends an additional $200,000 on advertising to increase the number of players by 20%, we can calculate the additional value generated and the return on investment (ROI).
Current number of players: 200,000
Increase in players due to advertising: 20% of 200,000 = 0.2 * 200,000 = 40,000
Total number of players after advertising: 200,000 + 40,000 = 240,000
Additional value generated from the additional players = Lifetime value per player * Increase in players
= $100 * 40,000 = $4,000,000
The ROI of advertising is calculated as follows:
ROI = (Additional value generated - Advertising cost) / Advertising cost * 100%
= ($4,000,000 - $200,000) / $200,000 * 100%
= 1900%
Therefore, by spending an additional $200,000 on advertising, Leslie can generate an additional value of $4,000,000 and achieve an ROI of 1900%.
To determine the number of people required to break even on the brand community developed by Company B, we need to consider the change in each customer's lifetime value (CLV).
The brand community development has a one-time cost of $1.2 million.
To calculate the number of people needed to break even, we divide the one-time cost by the increase in CLV:
Number of people needed = One-time cost / Increase in CLV
Increase in CLV = $120 (new CLV) - $100 (current CLV) = $20
Number of people needed = $1,200,000 / $20 = 60,000
Therefore, Leslie would need at least 60,000 people using the brand community to break even, considering only the increase in CLV.
If we now consider the word-of-mouth effect, we need to calculate the additional users and their conversion to regular users, along with their impact on the overall revenue.
Assuming each original user invites five friends on average, and 2% of these friends convert to become regular users:
For each original user, five friends are invited, but only 2% of them convert to regular users. Therefore, the additional users per original user = 5 * 0.02 = 0.1.
This means that for each original user, there is an additional 0.1 user who converts to become a regular user.
Considering the original 60,000 users calculated in question 3, we can calculate the additional users and their impact:Additional users = 60,000 * 0.1 = 6,000Total users (including additional) = 60,000
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The role of the forward FX contract is to offset the uncertainty regarding the future spot rate on a particular currency at the end of the investment horizon.
True or False?
Answers
True.
A forward FX contract allows an investor to lock in a future exchange rate for a specific currency, which helps to mitigate the risk of uncertainty surrounding the spot rate at the end of the investment horizon.
By entering into a forward contract, the investor can secure a known exchange rate and reduce their exposure to fluctuations in the currency market. However, it's important to note that forward contracts are not foolproof and there is still some risk involved.
Factors such as unexpected political or economic events can impact exchange rates, even if they are locked in through a forward contract.
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is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.
Answers
Answer:
ohExplanation:
.............................
If you see a mistake on your credit report, who should you contact? how should you contact them?.
Answers
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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define finiancial institution
Answers
Answer:
A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
Answer:
Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:[1][2]
Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
Contractual institutions – insurance companies and pension funds
Investment institutions – investment banks, underwriters, brokerage firms
The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favorable. What does the company use as a standard price per yard of material for its safety suits?
Answers
Answer:
the standard price per yard is $6.25
Explanation:
The computation of the standard price per yard is shown below;
Material quantity variance = Standard Price × (Actual quantity - Standard quantity)
-$5,000 = Standard price × (10,000 - 10,800)
Thereore Standard price = -$5,000 ÷ (-800)
= $6.25
Hence, the standard price per yard is $6.25
We simply applied the above formula so that the standard price per yield could come
when faced with uncertain conditions, it is always best to sign long-term contracts (because they are typically cheaper) and avoid all flexible capacity (because it is more expensive) t/f
Answers
The answer is False, When faced with uncertain conditions, it is not always best to sign long-term contracts because they may not be flexible enough to accommodate changing needs. Flexible capacity may actually be more cost-effective in such situations as it allows for adjustments to be made as necessary.
While long-term contracts may be cheaper in some cases, they are not always the best choice when faced with uncertain conditions. Flexible capacity can provide businesses with the ability to adjust their operations based on changing market conditions, which can be more beneficial in the long run.
In uncertain conditions, it is important to strike a balance between long-term contracts and flexible capacity, depending on the specific needs and circumstances of the business.
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Rick, aged 57, recently left his employment at the local agricultural mill. Over the last 35 yearg, he participated in the mins bcpp and acoumiated \$310,000. Now, he only works part-time as a trucker, with no othet retirernent savinga. Rick and his wife Sandra, aged 54 , have concerns oret the obilty कf his DCPP money to provide them with a suitable income stream. They want that income stream to last as long as ponsible and for there to be a repayment of capital to their kids if they both were to pass away in the next 20 years. What type of annulty would best meet Sandra and Rick's needs? An accumulation annuify. A aingle-life Term-20 annuity. A joint and fast survivor annuity with a 20 -year guarantee period. A joint first-to-die annuity with a 20-year guarantee period.
Answers
The type of annuity that would best meet Sandra and Rick's needs is a joint first-to-die annuity with a 20-year guarantee period.
This annuity option would provide them with a suitable income stream that lasts as long as possible. In the event of both Sandra and Rick passing away within the next 20 years, there would be a repayment of capital to their kids. This option ensures that their children receive the remaining annuity guarantee if both Sandra and Rick die before the end of the 20-year period.
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mcdonald's is increasingly finding that its foreign franchisees are a source of valuable new ideas. which aspect of creating value is mcdonald's taking advantage of in this instance?
Answers
Based on the fact that McDonald's is increasingly finding that its foreign franchisees are a source of valuable new ideas, the aspect of creating value is McDonald's taking advantage of in this instance is Subsidiary skills
Who is a Subsidiary?This refers to the term that is used to describe the independent company that has over 50% of its shares owned by another company.
Hence, it can be seen that from the given scenario about McDonalds and their discovery on the valuable new ideas which their foreign franchisees bring, they are taking advantage of subsidiary skills to create value.
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Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..
A. AFP and AMA
B. AFP and ACS
C. AMA and AIA
D. AIA and ACS
Answers
Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA
A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.
A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.
A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.
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Danielson invested $2,000,000 in DEC, a qualified small business corporation. Thirteen years later, in 2021, Danielson sold all of the DEC stock for $16,000,000 and purchased an office building with the proceeds. Danielson had not previously excluded any gain on the sale of small business stock. What is Danielson's taxable gain after the exclusion
Answers
To determine Danielson's taxable gain after the exclusion, we need to consider the exclusion available for qualified small business stock under Section 1202 of the Internal Revenue Code.
The exclusion allows for a percentage of the gain to be excluded from taxation, subject to certain conditions.
As of 2021, the exclusion for qualified small business stock is 100% for stock acquired after September 27, 2010, and held for more than five years. This means that Danielson may potentially exclude the entire gain from the sale of DEC stock from taxation.
Given that Danielson sold all of the DEC stock for $16,000,000, and assuming the stock meets the requirements for qualified small business stock, the taxable gain after the exclusion would be $0. Danielson can exclude the full $16,000,000 gain from taxation.
It is important to note that tax rules and regulations can be complex, and individual circumstances may vary. It is advisable to consult with a qualified tax professional or accountant for accurate and personalized advice regarding specific tax situations.
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Scenario: Over the last several years there has been a decrease in the number of new homes purchased within Country DF. One reason for this is that taxes are high, so citizens have less money to invest in such large purchases. The federal government has determined that actions need to be taken to encourage citizens to purchase homes and boost economic growth. What action can the government of Country DF take to encourage citizens to purchase homes?
Answers
Answer:
lower income taxes for homeowners
Explanation:
Answer: D
Explanation:
EDGE 2022
Period Project Cash Flows n A B C D 0 - $6,000 -$2,500 $4,800 -$4,100 1 $5,800 -$4,400 - $6,000 $1,000 2 $12,400 $7,000 $2,000 $5,000 3 $8,200 $3,000 $4,000 $6,000 Determine payback period, NPS, NFW of the projetcs A,B,C and D with MARR of 15%
Answers
The payback period for projects A, B, C, and D is 2 years, 3 years, 2 years, and 3 years, respectively. The calculations for NPV and NFW require further calculations based on the cash flows provided.
What are the payback period, NPV, and NFW of projects A, B, C, and D with a MARR of 15%?To determine the payback period, we calculate the cumulative cash flows for each project until the initial investment is recovered.
For Project A:
Cumulative cash flows: -$6,000, $5,800, $12,400, $8,200
The payback period is 2 years since the cumulative cash flow becomes positive in Year 2.
For Project B:
Cumulative cash flows: -$2,500, -$4,400, $7,000, $3,000
The payback period is 3 years since the cumulative cash flow becomes positive in Year 3.
For Project C:
Cumulative cash flows: $4,800, -$6,000, $2,000, $4,000
The payback period is 2 years since the cumulative cash flow becomes positive in Year 2.
For Project D:
Cumulative cash flows: -$4,100, $1,000, $5,000, $6,000
The payback period is 3 years since the cumulative cash flow becomes positive in Year 3.
To calculate the Net Present Value (NPV) and Net Future Worth (NFW), we discount the cash flows at the MARR of 15%.
For Project A:
NPV = -$6,000/(1+0.15) + $5,800/(1+0.15)^2 + $12,400/(1+0.15)^3 + $8,200/(1+0.15)^4
NFW = NPV + initial investment
Similarly, we calculate NPV and NFW for Projects B, C, and D using the respective cash flows.
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warner brothers animation actually had its start as a company founded by:
Answers
Warner Bros. Animation had its start as a company founded by Hugh Harman and Rudolf Ising.
In 1930, Harman and Ising established their own animation studio called "Harman-Ising Productions." They later gained recognition for creating the first synchronized sound and color cartoons featuring characters like Bosko and Looney Tunes.
In 1933, Harman-Ising Productions entered into a distribution agreement with Warner Bros., and their cartoons began to bear the Warner Bros. name.
Eventually, Harman-Ising Productions became Warner Bros. Cartoons, and it laid the foundation for the renowned Warner Bros. Animation studio that continues to produce animated content to this day.
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Which of the following is an appropriate front and point size selection for a business letter
Answers
Answer:
Times New Roman also remains the default font for many word processing programs. When using Times New Roman in a business letter, set the size as 12-point in order for the document to be read most easily.
Also
If you can't decide between sizes, a 12-point font is usually the reliable choice because it's incredibly common in the business world.
Explanation:
TRUE or FALSE
Buying stock in a company would be a good way for me to invest my weekly pay check.
Answers
Answer:
TRUE
Explanation:
a company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals
Answers
A company that is a disadvantage in the marketplace because it lacks the competitively valuable resources possessed by rivals to undertake efforts to develop a distinctive competence. Option C is correct.
When a company is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals, it may be tempting to abandon certain strategy elements or adopt a new competitive strategy.
A better approach would be for the company to undertake efforts to develop a distinctive competence, which is a unique strength or advantage that sets the company apart from its competitors.
This may involve investing in research and development, acquiring new resources or skills, or reorganizing the company to better leverage its existing strengths.
By focusing on developing a distinctive competence, the company can create a sustainable competitive advantage that will help it succeed in the marketplace over the long term.
Hence, C. undertake efforts to develop a distinctive competence is the correct option.
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--The given question is incomplete, the complete question is
".A company that is a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals A)should adopt a new competitive strategy that might better match the circumstances of the marketplace. B)should abandon strategy elements that have caused its weakness in the marketplace. C)undertake efforts to develop a distinctive competence. D)is virtually blockaded from using offensive strategies and must rely on defensive strategies"--
You have a dozen shirts and your roommate has six pairs of shoes worth roughly the same amount of money.You decide to swap six shirts for three pairs of shoes. In financial terms,netiher of you gains anything.Explain why you are nevertheless both likely to be betteroff.Assume you have only the dozen shirts and no shoes and that your roommate has only the half dozen shoes and no shirts.
Answers
In this scenario, the swap of six shirts for three pairs of shoes may not result in any financial gain for either party.
However, both you and your roommate are likely to be better off because the swap satisfies a need for each of you. For example, you may have too many shirts and not enough shoes, while your roommate may have too many shoes and not enough shirts. By swapping these items, you both end up with a more balanced and useful collection of clothing.
In addition, the swap can also lead to a stronger and more positive relationship between you and your roommate. By exchanging items, you are building trust and cooperation, which can make living together more enjoyable and harmonious.
Overall, while the swap may not have a direct financial benefit, it can still result in improved satisfaction and quality of life for both you and your roommate.
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Nora is applying for a student loan to attend college. What is true? A) Her lender takes less risk with this type of loan. B) There is no collateral needed for this secured loan. C) The APR will be lower the first month of the loan. D) A higher interest may be associated with this unsecured loan. Help QUICK!!!
Answers
Answer:
D) A higher interest may be associated with this unsecured loan.
Explanation:
The secured loan is the loan in which collateral property is pledged while on the other hand the unsecured loan is the loan in which no collateral property is pledged
As in the given situation, the unsecured loan is higher riskier as compared with the unsecured loan. Moreover, in the unsecured loan the interest rate is high and it required high credit scores
Therefore the option D is most appropriate and fits to the current scenario
A. Multiple Choice: Choose the correct 1. Many farmers may forget to check the troubleshooting section, which can cost them even more time out of the field. a. Not reading the Operator's Manual b. Improper Maintenance c. Poor electrical connection d. Overrunning machines capability e. Not replacing wom out when needed
Answers
Answer:
E.Not replacing whom out when Needed
A group of individuals from the same business sector who try to persuade politicians to
pass favorable economic laws for them are known as
Answers
Answer:
Lobby
Explanation:
The term lobby refers to a group of people who band together and try to influence people in public office and politicians.
The usual purpose of an R-chart is to signal whether there has been a: ___________
a. gain or loss in dispersion.
b. change in the percent defective in a sample.
c. change in the central tendency of the process output.
d. change in the number of defects in a sample.
e. change in the consumer's risk.
Answers
It should be noted that usual purpose of an R-chart is to signal whether there has been a change in the percent defective in a sample.
An R-chart can be regarded as a type of control chart, which helps to know about change in the percent defective in a sample.
It is used to monitor the process variability and this is done at regular intervals from a process.
Therefore, option option B is correct because, with R-chart we can know whether there has been a change in the percent defective in a sample.
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What is Gravitational law and how yo solve it
Answers
Explanation:
I believe this is what you are asking for, Newton's law of gravitation.
The law of Newton's universal-gravitation states that every particle will attract every other particle in the universe. The force that attracts this is a force that is directly proportional to a product of the mass.
A random variable follows a binomial distribution with a probability of success equal to 0.59. Find:
For a sample size of n=6, find: The probability of exactly 4 success
The expected value(mean)
The expected variance
Answers
If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.
Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.
We need to find the following values:
For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance
The probability of exactly 4 successes
The probability of exactly 4 successes can be calculated by using the following formula:
P(X = k) = nCk * p^k * (1 - p)^(n - k)
Where, P = Probability of success
n = sample size
nCk = combination of k successes in n trials
Therefore, the probability of exactly 4 successes can be calculated as
P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676
The probability of exactly 4 successes is 0.2676.
The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np
where, μ = mean of the binomial distribution n = sample size p = probability of success
Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.
The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success
Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468
The expected variance is approximately equal to 1.468.
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_________________ should be used when you want to reinforce the importance and significance of your arguments, especially when you are not an expert on your topic. be sure to stress the competence and lack of bias of your sources, and emphasize their recent nature. a. examples b. narrations c. testimonies d. statistics
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Testimonies should be employed when reinforcing the importance and significance of arguments when you are not an expert on the topic.
What is the significance of arguments?Argument teaches us how to define our opinions, and thoughts and explain them clearly, as well as how to respectfully and critically analyze the perspectives of others.
The goal of an argument is to influence people's minds or convince them to do a certain action or behave in a certain way.
Now, when dealing with a topic that we have little understanding concerning the topic, we make use of testimonies to serve as the basis of evidence.
Learn more about an argument here:
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Answer: The correct answer is c. testimonies
Explanation: Confirmed correct.
i just need a short answer (1-2 sentences) for this question
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Explanation:
Retailing can be defined as the buying and selling of goods and services. Product, Price, Place and Promotion are the basic necessities of a proper retail business/company.