What is the probability that a randomly selected airfare between these two cities will be between $325 and $425?

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Answer 1

The probability that a randomly selected airfare between these two cities will be between $325 and $425 is 5275.

Probability is a branch of mathematics that quantifies the likelihood of an event occurring or the likelihood of a statement being true. The probability of an event is a number between 0 and 1, with approximately 0 indicating the improbability of the event and 1 indicating certainty.

1a(1): Probability of a particular event occurring.

(2): the ratio of the number of outcomes in an exhaustive set of equally probable outcomes producing a particular event to the total number of possible outcomes.

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Related Questions

When two or more firms join together to reach a specific target market through a sweepstakes, coupon, or other promotion, this is known as:________

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When two or more firms join together to reach a specific target market through a sweepstakes, coupon, or other promotion, this is known as cross-promotion.

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When one decision is made, the next best alternative not chosen is called which term?

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When one decision is made, the next best alternative not chosen is called Opportunity Cost.

The opportunity cost of a certain activity option is defined as the loss of value or benefit that would result from engaging in that activity (the cost) as opposed to engaging in an alternative activity that offers a higher return in value or benefit in microeconomic theory.

The comparative advantage increases as the opportunity cost decreases. For instance, renting a car is prohibited if you buy one and use it just for transportation, but buying a car is permitted. Simply said, it indicates that you trade one item for another.

Opportunity cost can be expressed in the following simple equation: "Opportunity Cost = (returns on best Forgone Option) - (returns on Chosen Option).

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La diversified inc. Recently paid its annual dividend of $3. Dividends have consistently grown at a rate of 3. 8%. The stock has a beta of 1. 29. The current risk-free rate is 2% and the market return is 10%. Assuming that capm holds, what is the intrinsic value of this stock?.

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$51.22 is intrinsic value of this stock.

Intrinsic value of this stock

For computing the intrinsic value, first we have to determine the current year dividend and expected rate of return which is shown below:

The computation of the next year dividend is shown below:

= $3 + $3 × 3.8%

= $3 + 0.114

= $3.114

And, the expected rate of return would be

= Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 2.4% + 0.88 × (10.9% - 2.4%)

= 2.4% + 0.88 × 8.5%

= 2.4% + 7.48%

= 9.88%

Now the intrinsic value would be

= Next year dividend ÷ (Required rate of return - growth rate)

= $3.114 ÷ (9.88% - 3.8%)

= $3.114 ÷ 6.08%

= $51.22

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When deciding whether to hire an additional worker, firms look at how the additional worker would affect?

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Answer:

well discipline

Explanation:

well disciplined servant respect those who were there before he or she came

If disposable income increases from $250 to $300 and saving increases from $40 to $50, how much is the average propensity to save? 0.133 0.16 0.167 0.2

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The disposable income increases from $250 to $300 and saving increases from $40 to $50, 0.167 is the average propensity to save.

Because the marginal propensity to consume refers to the percentage change in consumption for every one rupee of change in the income. The only two leakages are saving and taxation and the two injections are investment and government spending.

Consumption is the act of using resources to satisfy current needs and wants.

Taxation is used primarily to raise revenue for government expenditures, though it can serve other purposes as well.

spending is the total money spent on final goods and services by individuals and households for personal use and enjoyment in an economy.

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If the price level rose in three consecutive years from 100 to 120 to 140, then the inflation rate over those years would?

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If the price level rose in three consecutive years from 100 to 120 to 140, then the inflation rate over those years would Decrease.

Annual inflation rate is

x=[(120-100)/100] × 100

x= 20%

In the year 3, price level was 140, hence, the inflation rate

y= [(140-120)/120] × 100

y= 16.67%.

Since, we see a continuous fall in percentage  the annual inflation rate over those years would decrease.

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The process of evaluating and planning for long-term investments is called budgeting.

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It is true that the process of evaluating and planning for long-term investments is called capital budgeting.

What is capital budgeting?

This is when an organization plans to start a major investment project, hence a process of making capital expenditure decisions.

It is a planning process employed by a firm's management to evaluate if embarking on long-term investments are viable and profitable.

Long term investments in capital budgeting are:

Purchase of a new machineryReplacement of old non-current assetsNew product line

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Describe how effective employee relations techniques prevent the need for unionization.

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Describe how effective employee relations techniques prevent the need for unionization.

Employers that minimize employee dissatisfaction can also minimize employees’ desire for union representation. Strategies that help discourage union acceptance are:

Fair and consistent policies and practices.Open door management policies.Competitive pay and benefits.Employee trust and recognition.What is unionization?

A business union, sometimes known as a "yellow" union, is an employee organization that is controlled or influenced by an employer and is not a legitimate trade union. Company unions violate international labor standards (see ILO Convention 98, Article 2). The National Labor Relations Act of 1935 prohibited them in the United States because they were used as spies to interfere with autonomous unions. In many nations, especially those with authoritarian governments, there are still company unions.

Even though they may be recognized in their individual countries as legitimate trade unions, some labor groups are accused by rival unions of acting like "business unions" if they are perceived to have an unduly warm relationship with the employer.

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A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fixed costs are $75,000. the total contribution margin is:_____.

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A firm expects to sell 25,500 units of its product at $11. 50 per unit and to incur variable costs per unit of $6. 50. total fixed costs are $75,000. the total contribution margin is $127500.

The contribution margin is computed as the promoting rate per unit, minus the variable fee in keeping with the unit. additionally referred to as greenback contribution in keeping with the unit, the measure shows how a specific product contributes to the general profit of the organization.

The closer a contribution margin percentage, or ratio, is to 100%, the better. The better the ratio, the more money is available to cowl the commercial enterprise's overhead expenses or fixed prices. However, it is more likely that the contribution margin ratio is well below one hundred%, and possibly beneath 50%.

Contribution margin, or greenback contribution per unit, is the selling rate per unit minus the variable price in step with the unit. "Contribution" represents the part of sales revenue that is not consumed through variable expenses and so contributes to the coverage of constant fees.

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Other thigns being equal an increase in wages parid ot wokrers in frims making digital devices will cause?

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Other things being equal an increase in wages paid  to workers in firms making digital devices will cause a wage pull inflation.

Wage push inflation is a system in which there is an overall rise in the cost of goods and services that happens due to rise in wages.

To maintain the level of corporate profits after an increase in wages, employers must  also increase the prices which are charged by them for the goods and services they provide.

The overall increase in the cost of goods and services have a circular effect on the wage increase; therefore , as goods and services in the market  increase at overall level , higher wages will be needed to be paid for the increased prices of consumer goods.

Companies always increase wages for a number of reasons. The most common reason for making the  wages rise is an increase in the minimum wage. The state and federal governments have the power to increase the minimum wage.

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With the growing popularity of email and texting, some of the rules for proper english and punctuation have fallen by the wayside. how does this affect emails sent in a business environment

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Written business communications in this media-driven era can take a variety of forms, from the straightforward memo, letter, or fax to a bid, proposal, application, or report. Emails, websites, blogging, as well as other social networking communications are all options.

Importance of proper english and punctuation in business;

For a variety of reasons, you must make sure that any written communication from your business is correctly punctuated, spell-checked, and grammatically proper. Among them are the following:

First impressions are crucial. They will feel more confident in the individual (or business) talking with them if the communication is written with proper grammar, spelling, and punctuation.Good reputation: Using good grammar can help you keep your company's reputation and trustworthiness as a reputable, trustworthy company that values every interaction with its clients and partners equally.Prevent misunderstandings and miscommunications: Your audience can be left wondering what you're trying to express. Grammar and spelling issues might also change the intent of your communication, which could lead to misunderstandings.

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The curve that shows quantities of total real output that will be offered for sale at various price levels is called the __________ curve

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The curve that shows quantities of total real output that will be offered for sale at various price levels is called the aggregate supply curve.

The aggregate supply is also known as total real output, it is the total supply of goods and services produced within an economy at a given overall price in a given period.

The decrease in aggregate supply is caused by the increase in input prices. Thus, this is represented by a shift to the left of the short‐run aggregate supply curve because this curve is drawn under the assumption that input prices remain constant.

Hence, the aggregate supply curve shows the total quantity of output real GDP which the firms will produce and sell at each price level.

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The​ ________ is the optimum budget to managers that plan revenues and expenses at different sales volumes.

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The​ Flexible budget is the optimum budget to managers that plan revenues and expenses at different sales volumes.

What is Flexible budget?

According to changes in actual revenue or other activities, a flexible budget can be adjusted. The end result is a budget that closely matches actual outcomes. This strategy differs from the more typical static budget, which only lists fixed spending figures that don't change in accordance with actual revenue levels. The flexible budget is a useful tool for assessing the performance of managers since it adjusts itself based on activity levels; the budget should nearly match expectations at any number of activity levels. Managers can use it to model the anticipated financial outcomes at various activity levels, making it a useful planning tool.

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Gerritt wants to buy a car that costs $26,750. the interest rate on his loan is 5.33 percent compounded monthly and the loan is for 7 years. what are his monthly payments?

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382.24  are his monthly payments.

Present value of ordinary annuity = Payment * [1 - (1+ interest)- number of payments] / interest

26750 = Payment * [1 - (1+ 5.33%/12)- 7*12] / (5.33%/12)

26750 = Payment * [1 - (1+ 0.004442)- 84] / 0.004442

26750 = Payment * [1 - 1/(1.004442) 84] / 0.004442

26750 = Payment * [1 - 1/1.451071] / 0.004442

26750 = Payment * 0.310854 / 0.004442

26750 = Payment * 69.980639

26750 / 69.980639 = payment

$382.24 = payment

Monthly payments are the amounts paid each month to pay off the loan over the term of the loan. When you take out a loan, you have to repay not only the principal and the amount borrowed, but also accrued interest.

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Ach time a function is invoked, the system stores parameters and local variables in an area of memory, known as _______, which stores elements in last-in first-out fashion.

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Each time a function is invoked, the system stores parameters and local variables in an area of memory, known as a stack, which stores elements in last-in first-out fashion.

What is a Stack?

A stack is an abstract data type used in computer science that acts as a collection of elements. It has two basic operations: Push, which adds an element to the collection, and Pop, which removes the most recent element added but not yet deleted.

What's a stack in programming?

"Stacks" are collections of software, including the operating system, web servers, APIs, and programming frameworks, that make up the back end of your website. Each component adds a layer of compatibility, and when they are packaged together, they are simpler to download and deploy all at once.

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Digital cameras and memory cards are multiple choice substitute goods. complementary goods. independent goods. inferior goods.

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Digital cameras and memory cards are complementary goods.

If you want to take photography more seriously, either as a hobby or for professional reasons, you should definitely buy a digital camera. This allows you to experiment with things like shutter and aperture that are not possible with your smartphone camera.

digital cameras mainly include four types: compact cameras, bridge cameras, DSLR cameras, and mirrorless cameras. DSLR and mirrorless models have interchangeable lenses.

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Over the past several decades, the difference between the labor-force participation rates of men and women in the u.s. has?

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Over the past several decades, the difference between the labor-force participation rates of men and women in the u.s. has gradually decreased.

Labor force or labor force is a concept that refers to the pool of people who are either employed or unemployed. Usually used to describe a person who works in a single company or industry, but can also apply to geographic regions such as cities, states, or countries.

Labor force is the number of people who are employed plus the unemployed who are looking for work. 1 The labor pool does not include unemployed people who are not looking for work. For example, housewives, pensioners and students are not part of the workforce.

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The firm will produce output in the short run only if the market price is at least equal to__________.

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The firm will produce output in the short run only if the market price is at least equal to the average cost.

In both the short run and the long run, rate equals marginal revenue. The firm must increase output so long as marginal sales exceed marginal fee, and reduce output if marginal sales is much less than marginal fee. earnings are maximized while marginal sales equal marginal fee.

Short-run price is determined by means of short-run equilibrium among call for and supply. deliver curve in the brief run under perfect opposition is a lateral summation of the quick-run marginal value curves of the company.

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What is the purpose of unconscious bias training? include an example of how unconscious bias training can affect who gets to attend training or is asked to participate in development activities

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Training on unconscious prejudice has become a well-liked method of diversity education. Such training is intended to help people recognize their unconscious prejudices, provide them tools to change automatic thought processes, and ultimately aid in the eradication of discriminatory practices in the workplace.

Demonstrations of how the mind functions in ways that are outside of our awareness and control are frequently the first step in unconscious bias training.

These examples demonstrate how people unintentionally form judgments based on factors like gender or ethnicity. Unconscious bias training is one of the diversity training techniques that has more and more support.

Attending such training may help people learn more about themselves that they might not have otherwise known. They might therefore be more aware of how their biases affect how they interact with others.

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Typically, the ________ style of leader avoids dominating groups. autocratic laissez-faire authoritarian democratic

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Typically, the laissez-faire style of a leader avoids dominating groups.

In French, "laissez-faire" literally means "let someone do what they want". The origins of laissez-faire are associated with his group of 18th-century French economists, the Physiocrats, who believed that government policy should not interfere with the running of the natural economy.

An example of laissez-faire is the economic policies of capitalist countries. An example of laissez-faire is when homeowners can grow whatever they want in their front yard without asking for a city permit. Do not interfere in the affairs of others.

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When given the gdp of a country without reference to a specific length of time, it is best to assume that the time period is:_________

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Ans. When given the GDP of a county without reference to a specific length of time, it is best to assume that the time period is one year.

GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country. GDP is composed of goods and services produced for sale in the market and also includes some nonmarket production, such as defense or education services provided by the government. An alternative concept, gross national product, or GNP, counts all the output of the residents of a country.

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Joyce would like to start working on a flexible schedule. which is an option would joyce not discuss with her employer?

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If Joyce would like to start working on a flexible schedule. The option that joyce would  not discuss with her employer is: sabbatical.

What is flexible schedule?

Flexible schedule can be defined as the way in a worker or an employee work using a work schedule that is convenience for them.

Most employer of labor enables a worker to make use of flexible schedule as this can sometimes help to increase a work performance or productivity at work place.

Hence, the  option that joyce would  not discuss with her employer is: sabbatical which inturn means that she cannot discuss leave or sabbatical leave with her employer based on the fact that her work  is flexible.

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Answer:

If Joyce would like to start working on a flexible schedule. The option that Joyce would  not discuss with her employer is: sabbatical.

Explanation:

Of the capital budgeting techniques discussed, which works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects?.

Answers

Net Present Value is the capital budgeting techniques discussed, which works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects.

What is Net Present Value ?

The net present value (NPV) It is calculated by adding the present value of all cash inflows and subtracting the present value of all cash outflows. Method of evaluating investments adds the present value of all cash inflows and subtracts the present value of all cash outflows.

In net present value, the present value of all yearly cash inflows should be subtracted to the present value of the cash outflows.

Net present value = Present value of yearly cash inflows - Present value of yearly cash outflows or initial investment.

If the Net Present value is positive, then the project should be accepted otherwise rejected.

Therefore, we can conclude that the correct option is D.

Your question is incomplete, but most probably your full question was:

Of the capital budgeting techniques discussed, which works equally well with normal and non-normal cash flows and with independent and mutually exclusive project?

A. payback period

B. discounted payback period

C. modified internal rate of return

D.net present value

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The chances of success are greater when the lead entrepreneur and the team share the same _____ for a new venture.

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The chances of success are greater when the lead entrepreneur and the team share the same ​vision for a new venture.

The important thing difference between an entrepreneur and a supervisor is their standing in the business enterprise. An entrepreneur is a visionary that converts an idea right into an enterprise. he's the proprietor of the business, so he bears all the monetary and different risks. A manager, on the other hand, is an employee, he works for a revenue.

They believe in the philosophy of entrepreneurs supporting marketers and are giving their time to help on a voluntary basis. they're known as ACORNS Lead marketers. these voluntary Lead entrepreneurs are the backbone of the ACORNS initiative.

The Four Types of Entrepreneurship

Small Businesses Entrepreneurship.Scalable Start-up Entrepreneurship.Social Entrepreneurship.Large Company Entrepreneurship.

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An ability to efficiently allocate capital through an internal market may help the firm protect the competitive advantages it develops?

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An ability to efficiently allocate capital through an internal market may help the firm protect the competitive advantages it develops through reduced disclosure to outside parties.

A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a competitive edge. These elements enable the producing unit to outperform its competitors in terms of sales or margins.

For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if a product is promoted that is more expensive but has special characteristics that people are ready to pay for.

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A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a(n):______.

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A financial company to which businesses sell their accounts receivable, usually for a percentage of the total face value, is a factor. Financial firms include banks, trust companies, accredited community development financial institutions, savings and loan associations.  

Any company that  CROCI Valuation Group considers to be a financial and is as result subject to CROCI company model for financials is referred to as  financial company. It is a type of financial company  that offers credit for the purchase of accounts receivable and services for consumers by either buying time-sales contracts of retailers or by making small loans directly to customers.

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To apply the dividend discount model to a particular stock, you need to estimate the ___

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To apply the dividend discount model to a particular stock, you need to estimate the Sum of Present Value of Dividends and present Value of Stock Sale Price. This dividend discount model or DDM model price is the stock's intrinsic value.

The dividend discount model is a quantitative method used for predicting the price of a company's stock based on the theory that its present-day price is worth the sum of all of its future dividend payments when discounted back to their present value.

If the value obtained from the dividend discount model is higher than the current trading price of shares, then the stock is undervalued and qualifies for a buy, and vice versa.

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When logging into the management console of her public cloud provider, what requirement does marie first fulfill to identify herself?

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When logging into the management console of her public cloud provider,  Marie needs to first fulfill authentication to identify herself.

What is a public cloud?

A public cloud is a platform that makes resources, such as virtual machines, applications, or storage, accessible to users remotely using the common cloud computing architecture. Public cloud services might be provided without charge or via a number of subscription or on-demand pricing models, such as a pay-per-use approach.

The following are the primary advantages of the public cloud:

A decreased requirement for businesses to purchase and operate their own on-premises IT resources;Ability to scale to accommodate workload and user expectations; andBecause users only pay for what they use, there are fewer resources wasted.

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In 2017, almost ________ of americans only used a mobile device to access the internet.

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Woo chick chin dry scary chick shy rii su do do tbh Gm tan Gn yum

Investor perception on the risk of bonds will raise their desired return.

a. true
b. false

Answers

The statement, investor perception on the risk of bonds will raise their desired return is true.

The higher an investment's risk, the greater its potential returns should be. By contrast, a very safe and low-risk investment should generally offer low returns. So, this investor perception will raise the desired return of the risk of bonds.

Generally, the higher the potential return of an investment, the higher the risk. Thus, there is no guarantee that you will actually get a higher return by accepting more risk. In this matter diversification is useful.

Hence, you can minimize the risk by making sure the company's bond you own is not a high risk company with a high probability of paying back.

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