Answer:
3218.75 a month
Step-by-step explanation:
To generate leads for new business, Gustin Investment Services offers free financial planning seminars at major hotels in Southwest Florida. Gustin conducts seminars for groups of 25 individuals. Each seminar costs Gustin $3,500, and the commission for each new account opened is $5,000. Gustin estimates that for each individual attending the seminar, there is a 0.01 probability that he/she will open a new account.
(a) Determine the equation for computing Gustin's profit per seminar, given values of the relevant parameters. Profit = (New Accounts Opened × ) –
(b) What type of random variable is the number of new accounts opened? (Hint: Review Appendix 11.1 for descriptions of various types of probability distributions.)
(c) Choose the appropriate spreadsheet simulation model to analyze the profitability of Gustin's seminars. (I) (II) (III) (IV) Would you recommend that Gustin continue running the seminars?
(d) How many attendees (in a multiple of five, i.e., 25, 30, 35, . . .) does Gustin need before a seminar's average expected profit is greater than zero?
Answer:
a) profit = (new account opened x 5000) -3500
b) Opening account is binomial distribution with n =25 and p = 0.01
c) Probability of loss is 0.77781 --I don't recommend the company that it running the seminar
d) n ≅ 71
Step-by-step explanation:
See attached image
Solve 20x = 10 for x. A. x = 1/2 B. x = 1.5 C. x = 2 D. x = 10
Answer:
A. 1/2
Step-by-step explanation:
20x=10
Divide 20 on both sides of the equation to get x by itself
20x=10
___. __
20. 20
x =1/2
Answer:
A) x= 1/2
Step-by-step explanation:
20x= 10 we then divide 10 by 20 to get x= 10/20 or if we simplify x= 1/2. Thus answer choice A) is correct!
568,924,126 each digit stands for what
Answer:
500,000,00060,000,0008,000,000900,00020,0004,000100206Step-by-step explanation:
To find what a digit stands for, make all the other digits zero.
This is substantially what we do when we write the number in "expanded form."
568,924,126
= 500,000,000 +60,000,000 +8,000,000 +900,000 +20,000 +4,000 ...
... +100 +20 +6
The list of numbers in the sum is the list of numbers the digits stand for.
7.6 cm
3.7 cm
Find the area of the parallelogram.
Answer:
7cm²
Step-by-step explanation:
Simplify (-2x^3)2•y•y^9
Simplify (-2x^3)^2 •y•y^9 Answer 4x^6y^10
Andre hit 46 balls at practice. He hit no fewer than 20 less than double the number of hits Jason had. Which inequality represents the situation if j represents the number of hits Jason had?
46 minus 20 less-than 2 j
2 j minus 20 less-than-or-equal-to 46
46 minus 20 less-than-or-equal-to 2 j
2 j minus 20 greater-than-or-equal-to 46
Answer:
2j -20 ≤ 46
Step-by-step explanation:
"20 less than double the number Jason [hit]" can be represented by 2j-20.
We are told that 46 is no fewer than this value, so it is greater than or equal to this value:
46 ≥ 2j -20
2j -20 ≤ 46 . . . . . swapping sides to match answer choices
Answer:
2j -20 ≤ 46
Step-by-step explanation:
Tate is paid $17.35 per hour with time and a half overtime. What will his gross pay period in which he worked 35 hours one week and 44 hours next week for a total 79 hours?
Answer:
The new rule has a higher salary level for exemption from overtime, at $684 a week. This means that lower-pay exempt employees may qualify for overtime.
Step-by-step explanation: this is your answer plz rate e the most brainlest
Find the area of the shape
Write the fraction from least to greatest: 1/8, 1/3, 1/8
Answer:
Start with making them equal.
1/8 --> 3/24
1/8 --> 3/24
1/3 --> 8/24
Now order them.
1/8, 1/8, 1/3.
Hope this helps ;)
What function has zeros at x=10 and x=2
Answer:
f(x) = x^2 -12x +20
Step-by-step explanation:
There are an infinite number of functions with zeros at those values of x. One simple polynomial function with those zeros is ...
f(x) = (x -10)(x -2) . . . . . each zero contributes a factor
f(x) = x^2 -12x +20
Simplify the expression below.
14a8y3 - 7 Ay5 + 28a12y2
7aty
A.
OB.
2a²y3 - ay5 + 4a3y2
2a4y? - JA + 428 y
2a4y3 – 5 + 428 y?
D. 2012,4 - 2876 +4215,3
C.
Answer:
14a8y3 - 7 Ay5 + 28a12y2- 7ay2 • (4a11 + 2a7y - y3)
Step-by-step explanation:
Equation at the end of step 1 :
(((14•(a8))•(y3))-(7a•(y5)))+((22•7a12)•y2)
Step 2 :
Equation at the end of step 2 :
(((14•(a8))•(y3))-7ay5)+(22•7a12y2)
Step 3 :
Equation at the end of step 3 :
(((2•7a8) • y3) - 7ay5) + (22•7a12y2)
Pull out like factors
Answer: 7ay2 • (4a11 + 2a7y - y3)
Hope this helps.
j+ 12 =25 find the solution to equation algebtaically
Answer:
j= 13
just subtract 12 from 25
Start by isolating the j.
Subtract 12 from both sides.
On the left, the 12 and -12 cancel.
On the right, 25 - 12 is 13.
So we have j = 13.
