What is the excel function to calculate

Assignment Help Business Economics
Reference no: EM133083982

A gas station gives a discount for paying cash. In the past 45% of customers pay cash. Suppose that there are 19 customers in an hour, what is the probability that 8 will pay cash what is the excel function to calculate this?

Reference no: EM133083982

Questions Cloud

What is the equation for marginal revenue : Suppose the demand for a product is given by = 90 - 1/3. What is the equation for Marginal Revenue?
Buddhism and christianity as wholes : Why is Monastiicism good for Buddhism and Christianity as wholes or why not
What reimbursement means to a healthcare organization : Describe what reimbursement means to a healthcare organization. What would happen if services were provided to patients but no payments were received for those
Describe some limitations of financial ratio analysis : Describe key financial ratios and its benchmark for a corporation (at least 10 of them). Describe some limitations of financial ratio analysis.
What is the excel function to calculate : A gas station gives a discount for paying cash. In the past 45% of customers pay cash. Suppose that there are 19 customers in an hour, what is the probability t
Leading strategic change management case analysis : How many subcultures co-exist within Home Care Service, and how do they compare and contrast? Is there an organizational culture?
What range of purchase financing nominal interest rates : [a] Over what range of purchase financing nominal interest rates is leasing the preferred alternative?
Why organized crime and terror groups are converging : Explain why are organized crime and terror groups are converging?
Calculate the point price elasticity of demand : Suppose that the price of croissants is $1. Calculate the point price elasticity of demand. Would Chez What increase profits by raising the price of croissants?

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate marginal cost of firms

Find a competitive equilibrium equilibrium quantity Qc and equilibrium price Pc

  Strengths and weaknesses of a federal system

1. Consider the ways in which the differences among state and federal laws on marijuana show both the strengths and weaknesses of a federal system. On this issue, do you think it's better to continue to allow states to set their own policies regar..

  Equity and the rest by long term debt

Compute the percentage of the firm that is financed by debt provided that the firms assets of $9 million are financed by $5 million

  Firm is expected to earn an economic profit

Over the next three years, a firm is expected to earn an economic profit of $900,000 in the first year, $800,000 in the second year, and $700,000 in the third year. After the end of the third year, the firm goes out of business. If the risk-adjusted ..

  Elucidate which of the following events would cause

Elucidate which of the following events would cause the price differences in these letters to get smaller.

  Compute steve after-tax rate of return

(a) Compute Steve's after-tax rate of return on this dual bond-plus-loan investment package.

  What is the annual effective interest rate earned on bond

A bond was purchased for $1000. Quarterly interest payments of 3.50 have been received. After 18 months the bond was sold for $1243.51. What is the annual effective interest rate earned on this bond?

  Dry cleaning industry is in monopolistic competition

In the short? run, the? profit-maximizing price is? $10 per item and the average total cost is? $6 per item. In the long? run, the? profit-maximizing price is?.

  Are real estate prices predictable

Write an essay on the topic: "Are real estate prices predictable: Determinants of transaction prices and time on the market." What are the main characteristics of perfectly competitive markets? Do housing markets share these characteristics? (see Cam..

  What monetary policies and fiscal policies

How were GDP, inflation, and unemployment affected during 2007-2009 recession, and how does the model show this?

  Proportion of supporting the policy

At the 5% significance level, does the proportion of Supporting the policy differ from that of women? Alternative hypothesis

  Discuss the impact of proper contact with customers

Let’s discuss the impact of proper contact with customers (face-to-face, via phone, written, or online communication) on a business. What are some examples of excellent service you've experienced?

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