Business, 18.02.2020 22:25, genyjoannerubiera
Management at Gordon Electronics is considering adopting a bonus system to increase production. One suggestion is to pay a bonus on the highest 5 percent of production based on past experience. Past records indicate weekly production follows the normal distribution. The mean of this distribution is 4,000 units per week and the standard deviation is 60 units per week. If the bonus is paid on the upper 5 percent of production, the bonus will be paid on how many units or more? According to a government study among adults in the 25- to 34-year age group, the mean amount spent per year on reading and entertainment is $1,994. Assume that the distribution of the amounts spent follows the normal distribution with a standard deviation of $450 a. What percent of the adults spend more than $2,500 per year on reading and entertainment? b. What percent spend between $2,500 and $3,000 per year on reading and entertainment? c. What percent spend less than $1,000 per year on reading and entertainment?
Answers: 2
Business, 23.06.2019 06:40, shawn20034
Circumstances under which pro-forma invoice may be used
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Business, 23.06.2019 10:00, samy14
Brokers such as paypal benefit online businesses because they do not charge fees like credit cards. they deliver the money to the business immediately. they cannot store credit card numbers. the business does not have to get an account with credit-card companies.
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Business, 23.06.2019 11:20, jamyiaa93
In a hypothetical economy, a market basket consists of one laptop and two dvd players. in the base year, 2010, the price of a dvd player was $200, and the price of a laptop was $500. in 2015, the price of a dvd player was $380, and the price of a laptop was $750. the cpi for 2010 was
Answers: 3
Management at Gordon Electronics is considering adopting a bonus system to increase production. One...
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