You are the owner of a small casino in Las Vegas. You want to reward the high-rollers who come to your casino. You want to give free accommodations to no more than 10% of your patrons

Suppose that the mean amount wagered by all patrons is $287, with a standard deviation of $15. You should give free accommodations to those individuals who wager over how much money?


P(X > k) = 0.10 ? P[Z > (k-287 ) / 15] = 0.10 ? (k - 287 ) / 15 = 1.28 ? k = $306.20

Business

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Top Half produces and sells two types of t-shirts—Fancy and Plain. The company provides the following data:


Compute the flexible budget variance for Fancy t-shirts for sales revenue.

Business

Stella asks her audience to identify their age on a survey. She provides the options of younger than 18, 19–25, 26–35, 36–45, and 50 and older. This is an example of a(n) ______ question.

a. scaled question b. closed question c. category question d. open-ended question

Business

The cost of production report reports the cost charged to production and the costs allocated to finished goods and work in process

Indicate whether the statement is true or false

Business

An infinite loop causes a program to loop indefinitely, disrupting the ability of the code to continue with any processing beyond the loop.

Answer the following statement true (T) or false (F)

Business