Business

To understand its customer base, a mail-order book club needs to know something

QUESTION 1. To understand its customer base, a mail-order book club needs to know something about the frequency with which customers make subsequent purchases. They collect data on the number of purchases that customers make during their initial three year membership. From a set of randomly selected customers they obtain the following data. 28 26 […]

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Date: September 2nd, 2020

You happen to know that the average GPA (grade point average)

QUESTION Question 1 You happen to know that the average GPA (grade point average) for the 5,000 sophomores at USC is 2.8 with a population standard deviation of .25. Amazingly, the GPAs are normally distributed. If you take a random sample of 40 sophomores, what is the probability that the average gpa will be more […]

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Date: September 2nd, 2020

Ace manufacturing has entered into a supply agreement with KB toys

QUESTION Ace manufacturing has entered into a supply agreement with KB toys. KB is very concerned about meeting competitive price points in a profitable way. As a result, they are looking to keep costs as low as possible while delivering a quality product on time. In order to win the contract for the new Chainsaw […]

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Date: September 2nd, 2020

account-Consider the following facts

QUESTION question1:Consider the following facts:- Company A had product sales revenues of $30,000 for the month.- Its cost of goods sold was $18,000 for the month.- Its other operating expenses were $2,000 for the month.- Company A also had rent revenue of $500 for the month.- Also during the month, it sold a delivery truck […]

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Date: September 2nd, 2020

ACCOUNTING- Solve for the unknown number of years in each of the following

QUESTION 4. value: 2.00 points Solve for the unknown number of years in each of the following(Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 195 9 % $ 1,105 2,105 7 3,700 […]

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Date: September 2nd, 2020