Problem regarding the employee compensation

Reference no: EM131009009

1. A company's employee database includes data on whether or not the employee includes a dependent child in his or her health insurance.

a) Is this variable discrete or continuous?

b) What are the possible values it can take on?

2. The database also, of course, includes each employee's compensation.

a) Is this variable discrete or continuous?

b) What are the possible values it can take on?

3. Suppose that the probabilities of a customer purchasing 0, 1, or 2 books at a book store are 0.2, 0.4, and 0.4, respec- tively. What is the expected number of books a customer will purchase?

Reference no: EM131009009

Questions Cloud

Expected value of the option profit : A day trader buys an option on a stock that will return $100 profit if the stock goes up today and lose $400 if it goes down. If the trader thinks there is a 75% chance that the stock will go up, a) What is her expected value of the option's pr..

Make an assignment on aims and objectives of research : Make an assignment on aims & objectives of research business plan. The aims & objectives to be made for research for a business of setting up an Indian restaurant plan in Auckland.

What is the resulting kinetic energy : The axis of rotation is the line through the right angle of the triangle and perpendicular to the plane of the sheet. What is the resulting kinetic energy?

Reliability and validity of personality measurements : Examine the reliability and validity of personality measurements in general. Did team members feel that their assessments were accurate? Explain why or why not

Problem regarding the employee compensation : 1. A company's employee database includes data on whether or not the employee includes a dependent child in his or her health insurance.

Develop a report for tim outlining the factors : Develop a spreadsheet model that could be used to assist tim with retirement planning - AS a feature of your spreadsheet model, build a data table to demonstrate the sensitivity of the age at which funds will be depleted to the retirement age and ..

Analyze one of your habits : Write a 1,050- to 1,400-word paper analyzing the formation of habits using behavioral and social/cognitive approaches. Your paper should cover the following areas: Analyze one of your habits. This could be either a "good habit" or a "bad habit"

Find the sensitivity corresponding to x equals to two : If R denotes the reaction of the body to some stimulus of strengths x, the \sensitivity S la defined to be the rate of change of ins reaction with respect to x. Find the sensitivity corresponding to x = 2.

Explain our celebrity-obsessed culture : How does social learning theory explain our celebrity-obsessed culture? How does social learning theory explain why people want to emulate celebrities? How does this affect personality development

User Account

All Pages