Twenty-five percent of all resumes received by a corporation for a management position are from females. Fifteen resumes will be received tomorrow

a. Define the random variable in words for this experiment.
b. What is the probability that exactly 5 of the resumes will be from females?
c. What is the probability that fewer than 3 of the resumes will be from females?
d. What is the expected number of resumes from women?
e. What is the variance of the number of resumes from women?


a. x = the number of resumes out of 15 that are from females
b. 0.1651
c. 0.2361
d. 3.75
e. 2.8125

Business

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Belling is a chain of coffee shops. Give an example of a point-of-parity and a point-of-difference for the company

What will be an ideal response?

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Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books:1. Andrea invested $13,500 cash in the business in exchange for common stock. 2. Andrea contributed $20,000 of photography equipment to the business. 3. The company paid $2,100 cash for an insurance policy covering the next 24 months. 4. The company received $5,700 cash for services provided during January. 5. The company purchased $6,200 of office equipment on credit. 6. The company provided $2,750 of services to customers on account. 7. The company paid cash of $1,500 for monthly rent. 8. The company paid $3,100 on the office equipment purchased in transaction #5 above. 9. Paid $275 cash for January utilities. Based

on this information, the amount reported as total stockholders' equity on the balance sheet at month-end would be: A. $30,875. B. $31,400. C. $31,150. D. $40,175. E. $39,200.

Business

Sam, the chief executive officer of Boch Industries, was prosecuted for violating the Resource Conservation and Recovery Act. Which of the following is correct concerning the penalties?

a. Sam cannot be criminally prosecuted for violating this statue. b. Sam faces criminal fines as well as imprisonment. c. Sam faces only criminal fines. d. The only remedy Sam faces is an injunction to prevent further violations.

Business

A random sample of 25 students selected from the student body of a large university had an average age of 25 years and a standard deviation of 2 years. We want to determine if the average age of all the students at the university is significantly more than 24. Assume the distribution of the population of ages is normal. The p-value is between

A. .005 to .01. B. .01 to .025. C. .025 to .05. D. .05 to .10.

Business