Based on a Harris poll, 20% of adults smoke. If two adults are randomly selected, what is
Question:
Based on a Harris poll, 20% of adults smoke. If two adults are randomly selected, what is the probability that they both smoke?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
To find the probability that both adults smoke you can us...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
-
Based on a Harris Interactive poll, 20% of adults believe in reincarnation. Assume that six adults are randomly selected, and find the indicated probability. a. What is the probability that exactly...
-
Based on a Harris poll, among adults who regret getting tattoos, 20% say that they were too young when they got their tattoos. Assume that five adults who regret getting tattoos are randomly...
-
Radon levels in a building interior are recorded at 8 pCi/L. What are the U.S. Environmental Protection Agency recommendations for this level?
-
Prepare the necessary adjusting entries at December 31, 2018, for the Microchip Company for each of the following situations. Assume that no financial statements were prepared during the year and no...
-
Financial information is presented here for two companies. Yoste Noone Company Company Sales revenue $90,000 ? Sales returns and allowances ? $ 5,000 Net sales 84,000 100,000 Cost of goods sold...
-
Understand the major factors that influence decision making in organizations. LO.1
-
At the beginning of each year, LED Lighting, Ltd.s Accounting Department must find the point at which projected sales revenue will equal total budgeted variable and fixed costs. The company produces...
-
Which of the following is true regarding auditing standards? The auditor is not required to report on the footnotes to the financial statements. The ultimate goal of the auditor is to issue an...
-
If 1 of the 839 challenges is randomly selected, find the probability of getting a challenge that was rejected. Use the following results from the 839 player challenges to referee calls in the first...
-
If a day of the week is randomly selected, what is the probability that it is a day containing the letter y?
-
Changing Translation Practices: FASB. The Financial Accounting Standards Board promulgates standard practices for the reporting of financial results by companies in the United States. It also,...
-
Caching. CPUs. Hard disk drives. Parallelism. Pipelining. RAM. Registers. Solid-state drives. Dinkleberg 1. (3 points) You know that neighbor who always one-ups you? Apparently, he just bought a...
-
Information for Question 1 and 2: The National Health Interview Survey is an annual national health survey of people living in about 35,000 randomly selected households in the United States. On the...
-
Q1. There is trampoline on the ground, and connected to spring of spring constant, k, on the bottom. You are holding a child of mass, M on a H tall building top (H is measured from the trampoline to...
-
SPSS for intermediate statistics extra problems solutions d. Approximately how much variance in consumers' tendency to purchase the product could be predicted from these variables? If you owned the...
-
A finance company uses the discount method of calculating interest. The loan principal is $5,000, the interest rate is 10%, and repayment is expected in two years. You will receive 4196.25 X from the...
-
What is the relationship between organizing and controlling?
-
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
-
Current Attempt in Progress On July 3 1 , 2 0 2 2 , Crane Compary had a cash balance per books of $ 6 , 2 4 5 . 0 0 . The statement from Dakata State Bark on that date showed a balance of $ 7 , 7 9 5...
-
Cede & Co. expects its EBIT to be $89,000 every year forever. The firm can borrow at 5 percent. Cede currently has no debt, and its cost of equity is 10 percent. If the tax rate is 35 percent, what...
-
In the Marriott example, one discussion point considered when a firm might use a single hurtle rather than different divisional or business unit rates. When a single rate is used and the divisions...
Study smarter with the SolutionInn App