Equation in a business setting

Assignment Help Basic Statistics
Reference no: EM131042595

Equations

Unit 2 focuses on equations and how to solve them, which is covered in your reading from Chapter 5: "Equations."

For this Assignment, you will write a one-page, four-paragraph essay explaining an equation you will develop. Your essay must be carefully planned and written using well-constructed sentences and paragraphs. Make sure that your grammar and spelling are correct. Points will be awarded for content as well as composition. Your essay must be a minimum of 1 page in length with standard 1 inch margins and is required to have at least one reference from a reliable source. This means that you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers and that only references from reliable sources will earn points. All resources should be cited both as an in-text citation as well as being listed on a reference page in APA format.

Essay Assignment

Equations are around us in everyday life. For example, if you have $30 at a baseball game and you go to the concession stand for hot dogs and hamburgers, and hot dogs are $3 each and hamburgers are $5 each, how many of each can you purchase? There isn't just one answer.

Your Assignment is to create your own equation in a business setting. Present the equation in an essay type format.

1. In the first paragraph, introduce your equation, tell what your variables represent, and tell what the equation represents.

2. In the second paragraph, present two solutions to your equation.

3. In the third paragraph, discuss how and when equations are used in business transactions and give at least two examples.

4. In the final paragraph, state your conclusions.

Your essay should be complete and cover each point as outlined above. Be sure to include at least one text citation.

Reference no: EM131042595

Questions Cloud

Which statistics from infographic did you identify with most : How can improving your information literacy skills help you in being a critical consumer of information and in the ongoing pursuit of knowledge throughout your life?
Which of the following is a feature of .net framework : Which of the following is a feature of .net framework
When identifying critical success factors : When identifying critical success factors in an area you are unfamiliar with, who would you ask for assistance when working on this area of the project and why?
Foreign currency with a low interest rate : IRP Application to Short-Term Financing Assume that interest rate parity exists. If a firm believes that the forward rate is an unbiased predictor of the future spot rate, will it expect to achieve lower financing costs by consistently borrowing a..
Equation in a business setting : Your Assignment is to create your own equation in a business setting. Present the equation in an essay type format. 1. In the first paragraph, introduce your equation, tell what your variables represent, and tell what the equation represents.
List three resistances to change strategies : List three resistances to change strategies. Give an example when you would use each method or approach.
What is the present worth of the savings : what is the present worth of the savings (in $/acre-ft) to the utility between the old and the new contracts? Let the interest rate equal 6% per year.
Developing a knowledge strategy : Review the Zach article, "Developing a Knowledge Strategy". It is said that the only sustainable competitive advantage that a firm has is the speed with which it learns. Knowledge has become the key to a firm's long-term survival. After you have read..
Irp application to short-term financing connecticut : IRP Application to Short-Term Financing Connecticut Co. plans to finance its operations in the U.S. It can borrow euros on a short-term basis at a lower interest rate than if it borrowed dollars. a. If interest rate parity does not hold, what stra..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Possibility of predicting boiling point of compounds

What does this data set imply about the possibility of predicting the boiling point of compounds in this series on the basis of the number of carbon atoms? Compute the correlation coefficient between these two variables, even though the number n i..

  In a survey of 270 college students it is found that 64

in a survey of 270 college students it is found that 64 like brussels sprouts 94 like broccoli 58 like cauliflower 26

  Holt-winters method forecasting problem

The number of cases of merlot wine sold by a Paso Robles winery in an 8-year period follows:

  What items can be deleted to improve reliability

What item/s can be deleted to improve reliability, what items should never be deleted to maintain reliability of data and how many items need to be deleted to achieve maximum reliability

  How many people on average will present in the office

at the height of the great recession of 2002 an average of 120 people arrived each hour at the cambridge location for

  Probability concept

What is the probability of finding 1 or more children with chronic bronchitis in a population where the incidence rate of chronic bronchitis is 10% (like the one above?)

  A well-known highly profitable technology company had a

a well-known highly profitable technology company had a unique culture based on meritocracy and generating results. the

  Calculate the test statistic for the goodness of fit

In an experiment in which a die was rolled 188 times it was counted up how many times each face came up. The results are as follows:

  Find probability that simple random sample give mean

What is the probability that a simple random sample of 40 male graduates will provide a sample mean within $10,000 of the population mean, $168,000 (to 4 decimals)?

  How large sample size is needed to estimate confidence

No information is available about its value. How large a sample size is needed to estimate it to within 0.15 with 99% confidence?

  Capital sum of the money invested

What was the capital sum of the money invested?

  Determine the population standard deviation find three

the following data represents the travel time in minutes to school for nine students enrolled in sullivans college

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!

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