User Account

All Pages

Qualify for membership of mensa

Assignment Help Business Economics
Reference no: EM131521065

Mensa in an organization whose membership requires an IQ in the top 2 percent of general population. Five hundred people are chosen randomly

a. What is the probability that no more than 4 of them will qualify for membership of Mensa?

B. What is the probability that at least 8 of them will qualify for membership to Mensa?

Reference no: EM131521065

Questions Cloud

Identify the differences between case studies : Identify the differences between case studies, naturalistic and laboratory observations, tests, surveys, correlational studies, and experiments
Calculate sales revenue and gross profit : Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March 2012.
What scale of measurement are you using : Which methodology (which means approach or methods you will use to conduct your study) are you using?
Expected to change annual cash dividend while new projects : Let's say Novell is currently in a building stage. It's not expected to change its annual cash dividend while new projects are being developed over the next 3 y
Qualify for membership of mensa : a. What is the probability that no more than 4 of them will qualify for membership of Mensa?
The fire loss based on material concealment : ould Jeff’s insurer deny coverage for the fire loss based on a material concealment? Explain your answer.
Explain the multiple-step income statement : At the beginning of July, CD City has a balance in inventory of $2,900. The following transactions occur during the month of July.
Apply the irr rule : Apply the IRR rule. Required return 11% Given the following cash flows should we accept or reject? Why?
Effectiveness of the fiscal and monetary policies : Discuss and analyse the effectiveness of the fiscal and monetary policies employed in 2009, illustrating with aggregate demand-aggregate supply models.

Reviews

Write a Review

Business Economics Questions & Answers

  Draw a cash flow diagram from the company perspective

A manufacturing company invests $100,000 in a new piece of equipment. Operating expenses for this new piece of equipment is estimated to be $4,000 starting EOY1 and increasing by $200 per year at the EOY2 and for the next 9 additional years. Draw a c..

  Cheap foreign labor argument

Cheap foreign labor argument: What is the cheap foreign labor argument? How do economists view this argument? What is the relationship between productivity and wage rates?

  Explain what is meant by sustainability in different context

Explain what is meant by sustainability in different contexts? What is meant by "ecological footprint", "tipping point", and "life-cycle analysis" of a product? Is there such thing like a good economic growth and bad economic growth? Explain with exa..

  What is the median amount of household debt

Consumers borrow money for many different reasons, including the purchase of a home, car, and appliances, to remodel, or to help pay for college. Approximately 75% of U.S. households carry some debt. What is the median amount of household debt? Provi..

  Additional patient on the savc and satc

Using short-term cost theory, explain the impact of this additional patient on the SAVC and SATC. Do they increase or decrease? Why?

  Critical thinking and communication

The purpose of the assignment is to assess skills in critical thinking and communication, core objectives mandated by the State of Texas Quality of English

  Propose the reforms you would make-tax research and planning

Assume you have the power to make reforms to the way tax research and planning is currently conducted. Propose the reforms you would make. Justify your response.

  Large percentage of total assets

Suppose someone says that a relatively small percentage of Americans own a large percentage of total assets and that therefore the government should redistribute wealth to those less fortunate. Which part of that statement is normative and which part..

  Highly competitive industry such as online advertising

Please analyze a current events article that deals with a highly competitive industry such as online advertising. Your analysis should include the factors driving change in the industry. Decide if there are potential changes due to globalization or t..

  Lower unemployment rate-whites is evidence of fairly rigid

The fact that since 1973 blacks have never had a lower unemployment rate than Hispanics, who in turn have never had a lower unemployment rate than whites is evidence of a fairly rigid what?

  Greed is good in the context of perfectly competitive market

Discuss the notion that "greed is good" in the context of perfectly competitive market and in that of a monopoly .how much greed manifest itself in a perfectly competitive market in long run equilibrium

  What are sues variable costs

Sue, of Sue's Sandwiches, sells sandwiches and soda from a sidewalk cart in a popular park near her home. She sets up her rented cart in the summers to raise money for college. Last month she sold $3,000 worth of product (sandwiches and sodas) to 300..

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