Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 21, 2024

A locomotive company makes engines with an average life of 30years and a variance of 81 years^2. The distribution of lives isnormal.What is the probability

A locomotive company makes engines with an average life of 30years and a variance of 81 years^2. The distribution of lives isnormal.What is the probability that an engine will last greater than 45 1 answer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

More Books

Students also viewed these Accounting questions

Question

What would the impact of April 20th have on thefutures contract that use wti crude oil as an underlying asset andwould this impact be the same for all futures contracts written onwti crude for the 1...

Answered: 1 week ago

Question

An example of qualative data is. - the main character of a popular television show- the profit made by an organisation in 2019- the amount of declined transactions on a credit card- the number of 1...

Answered: 1 week ago

Question

The liabilities of Organic Foods are made up of $62,000 in notes payable as of its December 31 year-end. For those notes payable, $3,200 is due within the next year. Prepare the liabilities section...

Answered: 1 week ago

Question

★★★★★

Burke Fabricators completed two jobs in June. Burke Fabricators recorded the following costs assigned to the jobs by the companys activity-based costing system: Job 622 required 2,400 parts, 77,500...

Answered: 1 week ago

Question

★★★★★

The following items (in millions) pertain to the Chan Corporation: Chan's manufacturing cost system uses a three-part classification of manufacturing costs. There are two prime costs and one...

Answered: 1 week ago

Question

★★★★★

2. What is the Pyramid of Corporate Social Responsibility?

Answered: 1 week ago

Question

★★★★★

2. Ask for parents or caregivers feedback (and mean it) about your effectiveness in helping their children.

Answered: 1 week ago

Question

★★★★★

Mow-It Inc. manufactures two products, mowers and trimmers, which are sold in two territories designated by the company as East Territory and West Territory. The following income statement prepared...

Answered: 1 week ago

Question

★★★★★

Consider the following exteristerts, player 1 has two avaldul named with a capital letser and the information. When the game starts, player 1 has two have been named with a capitar 1s plays payoff,...

Answered: 1 week ago

Question

★★★★★

The cable exerts a 140-N force on the telephone pole. Determine the moment of this force about point A. Solve the problem using two different position vectors. F = 140 N/ 3 m B Z 6 m 2m -y

Answered: 1 week ago

Question

★★★★★

How Behavioural biases impact portfolio management?

Answered: 1 week ago

Question

★★★★★

Walk & Talk Inc. makes walkie talkies - handheld, portable, two-way radio transceivers. They are used in setting where mobile phone communication may be costly or impractical, including outdoor...

Answered: 1 week ago

Question

★★★★★

Question 17 Assume that a firm has EBIT of $15,584,650, a tax rate of 40.0 percent, total invested capital of $68,600,000, and a weighted average cost of capital (WACC) of 12.904 percent. Given this...

Answered: 1 week ago

Question

★★★★★

How do the following situations illustrate the features of psychological egoism and/or ethical egoism, or how do they illustrate the limitations and challenges to psychological egoism and ethical...

Answered: 1 week ago

Question

★★★★★

differentiate the function ( x + 1 ) / ( x ^ 3 + x - 6 )

Answered: 1 week ago

Question

★★★★★

For a voltage V-210 sin 170xt, find the root-mean-square voltage for one period. Vrms = (Round to the nearest integer as needed.)

Answered: 1 week ago

Question

★★★★★

Modigliani & Miller show that dividend policy can also be considered irrelevant. Yet, unexpected increases in dividends are often closely followed by price increases, why? To clarify, when a firm...

Answered: 1 week ago

Question

★★★★★

Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...

Answered: 1 week ago

Question

★★★★★

81. Review the building blocks of financial statement analysis.

Answered: 1 week ago

Question

★★★★★

811. How is the equity growth rate computed? What does it measure?

Answered: 1 week ago

Question

★★★★★

812. a. How do return on net operating assets and return on common equity differ? b. What are the components of return on common shareholders equity? What do the components measure?

Answered: 1 week ago

Previous Question Next Question