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A test in Corporate Finance had an average of 80 with a standard deviation of 10. What is the probability of scoring greater than a
A test in Corporate Finance had an average of 80 with a standard deviation of 10. What is the probability of scoring greater than a 73 ? (Submit your answer as a whole number. For example if you calculate 0.653 (or 65.3% ), enter 65. ) normal table normal distribution applet Your Answer: Historically, the members of the chess club have had an average height of 56 " with a standard deviation of 2. What is the probability of a player being between 52 and 5' 6"? (Submit your answer as a whole number. For example if you calculte 0.653 (or 65.3\%), enter 65.) normal table normal distribution applet Your Answer: A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown - will have annual fixed costs of $42,500 and variable costs of $3.55 per customer. Option B - called Market - will have annual fixed costs of $28,000 and variable costs of $4.45 per customer. Finally Option C called Main - has annual fixed cost of $21,500 and variable costs of $5.20 per customer. At what volumes are the costs of Option A and Option C the same? Your Answer: Answer A local restaurateur, Cho Senn, is considering three options for his new Asian fusion restaurant. Option A - called Midtown - will have annual fixed costs of 37,500 and variable costs of 3.45 per customer. Option B - called Market - will have annual fixed costs of 27,500 and variable costs of 4.30 per customer. Finally Option C called Mall - has annual fixed cost of 22,500 and variable costs of 5.00 per customer. If Mr. Cho averages 8.75 in revenue per customer, what volume is required to breakeven with Option B? Your Answer: Answer What is the probability of z
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