FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve this within 20minutes a) A survey found that 13% of companies are downsizing due to the effect of the Covid-19 pandemic. A sample

please solve this within 20minutes

image text in transcribed
a) A survey found that 13% of companies are downsizing due to the effect of the Covid-19 pandemic. A sample of five companies is selected at random. 1 . Find the average and standard deviation of companies that are downsizing. (3 marks) ii. Is it likely that THREE (3) companies are downsizing? Justify your answer. (4 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

A Cp-Theory Problem Book Functional Equivalencies

A Cp-Theory Problem Book Functional Equivalencies

Authors: Vladimir V Tkachuk

1st Edition

3319243853, 9783319243856

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Following is a partially completed performance report for a recent week for direct labor in the binding department of a book publisher: The original budget is based on the expectation that 3,000...

Answered: 1 week ago

Question

★★★★★
8. * (a) Draw a three-input OR gate, its Boolean expression, and its truth table, as in Figure 10.10. (b) Do part (a) for the three-input NAND gate. (c) Do part (a) for the three-input NOR gate.

Answered: 1 week ago

Question

★★★★★
When is the deadline?

Answered: 1 week ago

Question

★★★★★
Ken is a self-employed architect in a small firm with four employees: himself, his office assistant, and two drafters, all of whom have worked for Ken full-time for the last four years. The office...

Answered: 1 week ago

Question

★★★★★
Jacob's Jewelers is considering carrying a new product line which is expected to produce annual sales of $450,000 and increase cash expenses by $305,001. If the product line is added, taxes will...

Answered: 1 week ago

Question

★★★★★
If management refuses to remove a client imposed scope limitation, the auditor should do all of the following except: a. Communicate the matter to those charged with governance b. Determine whether...

Answered: 1 week ago

Question

★★★★★
Question 10 of 13 You noticed that a fast food restaurant's operating cycle is 30 days. Would this suggest the restaurant is selling food beyond its expiration date? Select an answer: No, because the...

Answered: 1 week ago

Question

★★★★★
On 31 December 20X0 the inventory of V was completely destroyed by fire. The following information is available: Inventory at 1 December 20X0 at cost GHS28,400. Purchases for December 20X0 GHS49,600....

Answered: 1 week ago

Question

★★★★★
Sandhill Company offers a five-year warranty on its products. Sandhill previously estimated warranty costs to be 3% of sales but in 2025 revised this estimate to 1% due to process and quality control...

Answered: 1 week ago

Question

★★★★★
WA cost assignment Louvre Corp. applies the weighted average method for process costing. The following production and cost per EUP data are available for Louvre Corp. for February: Units completed...

Answered: 1 week ago

Question

★★★★★
The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Debits 55,000 Credits Accounts receivable 275,000 Prepaid rent 7,500 Inventory...

Answered: 1 week ago

Question

★★★★★
Do not move closer than an arms distance. (This distance literally applies to Northern Europe. In Southern Europe this distance is slightly smaller.) If you get closer than this distance, you seem...

Answered: 1 week ago

Question

★★★★★
2. Now list, after going through a-c, three things that you want to be the impres-sion you want others to be left with after meeting you, and that you want to be lasting over time. List four points...

Answered: 1 week ago

Question

★★★★★
Relax your shoulders

Answered: 1 week ago

Previous Question Next Question