Please explain how you compute these answers given for A,B,C.
Objective:Apply the empirical rule and the...
Please explain how you compute these answers given for A,B,C.
Objective:Apply the empirical rule and the Chebyshev rule.
Consider a population of 1024 mutual funds that primarily invest in large companies You have determined that p, the mean one-year total percentage return achieved by all the funds, is 9.20 and that o, the standard deviation, is 1 25. Complete (a) through (c)
a. According to the empirical rule, what percentage of these funds is expected to be within ±3 standard...
1) A single die is rolled twice. The set of 36 equally likely
outcomes is {(1,...
1) A single die is rolled twice. The set of 36 equally likely
outcomes is {(1, 1), (1, 2), (1, 3), (1, 4), (1,
5), (1, 6), (2, 1), (2, 2), (2, 3), (2, 4), (2, 5), (2, 6), (3, 1),
(3, 2), (3, 3), (3, 4), (3, 5), (3, 6), (4, 1), (4, 2), (4,
3), (4, 4), (4, 5), (4, 6), (5, 1), (5, 2), (5, 3), (5, 4), (5, 5),
(5, 6), (6, 1), (6, 2), (6,...
Calculating and Using a Single Charging Rate
The expected costs for the Maintenance Department of Stazler,...
Calculating and Using a Single Charging Rate
The expected costs for the Maintenance Department of Stazler,
Inc., for the coming year include:
Fixed costs (salaries, tools): $64,900 per year
Variable costs (supplies): $1.35 per maintenance hour
Estimated usage by:
Assembly Department
4,500
Fabricating Department
6,700
Packaging Department
10,800
Total maintenance hours
22,000
Actual usage by:
Assembly Department
3,960
Fabricating Department
6,800
Packaging Department
10,000
Total maintenance hours
20,760
Required:
1. Calculate a single charging rate for the
Maintenance Department. Round...