User Account

All Pages

Calculate the probability that an employee selected

Assignment Help Financial Accounting
Reference no: EM131227042

The following table shows the sentiments of 2500 wage-earnings employees at the Spruce Company on proposal to emphasize fringe benefits rather than wage increases during their impending contract discussions.

Opinion

Employee Favor Neutral Opposed Total
Male        800     200     500      1500
Female     400     100     500      1000

Total      1200     300   1000      2500

A. Calculate the probability that an employee selected at random from this group will be opposed.

B. Calculate the probability that an employee selected at random from this group will be female.

C. Calculate the probability that an employee selected at random from this group will be opposed, given that the person is male.

D. Are the events "opposed" and "female" independent? Explain.

Reference no: EM131227042

Questions Cloud

State the purpose of the business research for each study : State the purpose of the business research for each study. Determine the research questions and hypotheses being researched in each study. Identify the dependent and independent variables being manipulated or measured in each study.
How large is the company in relation to its competitors : How large is the company in relation to its competitors? How fast is the company growing? How profitable is the company? What is the company's price to earnings ratio? What does this tell you about the company?
Randomly selected customer saves : Suppose that half of the customers purchase a sweater that retails for $100 and another half purchases a suit that retails for $150. What's the probability that a randomly selected customer saves more than $40 by using one of these coupons?
Is the check a bearer instrument or an order instrument : Is the check a bearer instrument or an order instrument? - Did Glenn's delivery of the check to Carol constitute a valid negotiation? Why or why not?
Calculate the probability that an employee selected : Calculate the probability that an employee selected at random from this group will be opposed. -  Calculate the probability that an employee selected at random from this group will be female.
Probability distribution for all potential outcomes : Set up a probability distribution for all potential outcomes of Mike takin the two classes this summer. Then use that distribution to calculate his expected $ loss for the summer.
Identify the ethical considerations that must be considered : Identify the ethical considerations that must be considered. Discuss the implications of the ethical considerations. Define the purpose of the research.
Probability an that a wins at the nth trial : i) What is the probability an that A wins at the nth trial? ii) What is the probability α that A wins overall?
How you would address the behavior differently : Identify a team behavior problem (i.e. - negativity, no participation, scapegoating, etc.) and post it to the discussion forum. Be sure to explain what resulted from the behavior and how you would address the behavior differently.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Transactions would be reflected in government-wide statement

Preston Village engaged in the following transactions: It issued $20 million in bonds to purchase a new municipal office building. The proceeds were recorded in a capital projects fund. Prepare journal entries to reflect how the transactions would be..

  Employees are paid every saturday for the preceding work

employees are paid every saturday for the preceding work week. if a balance sheet is prepared on wednesday december

  Explain the importance of the notes to financial statements

Explain the importance of the notes to the financial statements.7. What causes an auditor's report to be qualified? adverse? a disclaimer of opinion? unqualified with explanatory language?

  Direct materials budget for the seasoningone quarter gram

direct materials budget for the seasoning.one quarter gram of a rare seasoning is required for each bottle of dipping

  Reducing progression to hypertension reports

A clinical trial designed to show the efficacy of a new drug in reducing progression to hypertension reports the following:

  Depreciation calculation under straight line and

depreciation calculation under straight line and declining-balance methods.millco inc acquired a machine that cost

  Services to individuals desiring to improve personal images

Bob’s Service Inc offers its services to individuals desiring to improve their personal images. After the accounts have been adjusted at May 31, 2005, the end of the fiscal year the following balances were taken from the ledger of Bob’s Service Inc. ..

  Null hypothesised-difference between financial statements

A researcher has null hypothesised that "there is no significant difference between financial statements that are prepared under the provisions of the conceptual framework of accounting and those that are not" What do you think is the expected outcom..

  What should its target unit variable cost? be

Base? Line, Inc. makes tennis balls. The company can produce up to? 500,000 cans of balls per year. Current annual production is? 450,000 cans. Annual fixed costs total? $150,000. The variable cost of making and selling each can of balls is? $0.75. I..

  Transactions for hurricane company

On Oct 1, 2018, Hurricane lends $9,000 to another company. The other company signs a note indicating principal and 12% interest will be paid to Hurricane on Sep 30, 2019. On Nov 1, 2018, Hurricane pays its landlord $4,500 representing rent for the mo..

  Opinion of the companys financial standing

Look up Starbucks on the internet. Look up Starbucks's financial statements. Find the balance sheet. What type of format does this company use for their balance sheet (classified or not)? Why do you think the company selected the format they did for ..

  When does the holding period start for that equipment

Debbie owns office equipment with a basis of $300,000 and a holding period starting on May 10, 2004. Debbie exchanges the equipment for other office equipment owned by Doug on July 23, 2015. Doug’s equipment has an FMV of $500,000. Both Debbie and Do..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd