(#3.56) an oil exploration firm is formed with enough capital to finance 10 explorations. the probability of a particular exploration being successful is 0.1. find and of the number of successful explorations

Answers

Answer 1
Let's assume that the probability of a particular exploration being successful is 0.1, which means the number of successful explorations has the binomial distribution with parameters n = 10 and p = 0.2. Therefore, the mean and variance of B(n, p) are np = 2 and np(1 â’ p) = 1.6 respectively.

Related Questions

Assume that the concordance value for a particular trait is 85% for both monozygotic and dizygotic twins. what can you conclude about this trait?

Answers

In analyzing the two traits in regards to what can be deduced from the 85 percent monozygotic and dizygotic pairs, it can be found that the differences and traits lie in the components of both the genetic factors involved, as well as the environmental components inherent in each.

Accept that the concordance esteem for a specific attribute is 85% for both monozygotic and dizygotic twins. Dizygotic twins, overall, share half of their qualities practically speaking, though monozygotic twins share 100% of their qualities for all intents and purpose.  

Further Explanation:  

Concordance value:

Concordance as utilized in hereditary qualities, as a rule implies the nearness of a similar attribute in the two individuals from a couple of twins. Notwithstanding, the severe definition is the likelihood that a couple of people will both have a specific trademark, given that one of the pair has the trademark.  

Monozygotic twins:  

Monozygotic twins are indistinguishable twins. Monozygotic twins are framed when one zygote, made with one egg and one sperm, parts into two. Rather than having only one incipient organism which is typically what you get from one egg and one sperm the outcome is two developing lives.  

Dizygotic twin:  

Dizygotic twin likewise called friendly twin or non-indistinguishable twin, two kin who originate from isolated ova, or eggs, that are discharged simultaneously from an ovary and are prepared by independent sperm. The term begins from di, signifying "two," and zygote, "egg".  

Distinction among monozygotic and dizygotic twins:  

Since friendly, or dizygotic, twins are 2 separate prepared eggs, they as a rule create 2 separate amniotic sacs, placentas, and supporting structures. Indistinguishable, or monozygotic, twins could possibly have the equivalent amniotic sac, contingent upon how early the single prepared egg partitions into two.

Subject: business

Level: college

Keywords: Concordance value, Monozygotic twins, Dizygotic twin, Distinction among monozygotic and dizygotic twins.  

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In building a model to analyze economic situations, one of the important assumptions is

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In having to build a model in analyzing economic situations, the most important assumption is the ceteris paribus. The ceteris paribus means that it is having things in equal and where conditions should always remain the same. It is important as it is a way of having to show balance.

Carolyn is trying to identify the work performed and the working conditions of a research analyst at acme global. since so much of the work is done inside the analyst's head, she cannot observe it. she would like to get an account of what the analyst does hour by hour. in this case, the ________ job analysis method would be most appropriate.

Answers

The interview method is suitable for this problem. Since the observation method and questionnaire method is not applicable. In the interview method, it allows the incumbent to describe tasks and duties that are not observable. Also, this can help Carolyn to understand the field of work because interviews generate descriptive data and enable job-holders to interpret their activities.

In the circular flow model, the expenditures on goods and services flow in the

Answers

The answer is opposite direction as goods and services.
In the circular flow model, the expenditures on goods and services will be paid by the households to the producers/
The direction of goods and services (products) on the other hand, will be given by the producers to the households.

Final answer:

In the circular flow model, expenditures on goods and services flow from households to firms as they purchase goods and services, completing a cycle of economic activity between households and firms in the goods and services and labor markets.

Explanation:

In the circular flow model, the expenditures on goods and services represent the money that households spend in the product market to acquire goods and services from firms. In return, these firms pay households for the labor services, land, capital, and entrepreneurship provided through wages, rent, interest, and profits. This interaction highlights the dependence of households and businesses upon each other within the economy, forming a continuous loop that is fundamental to economic activity.

The model simplifies the real-world complexity into a more understandable form, representing the essential transactions between households and firms. Households provide labor services and receive income, which they then turn into expenditures on goods and services, completing the cycle within the diagram. The goods and services market and the labor market are thus two critical components of the circular flow model, illustrating the flow of money and resources in an economy.

Geneva receives high praise from her boss when she attracts a new client to her firm. this praise leads geneva to work hard to obtain more new clients. for geneva, the praise from her boss was

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This was a form of positive reinforcement. She has been conditioned to work harder when she receives the praise, because she enjoys hearing this from her superiors. When the reward is given to her, the cycle continues: more praise leads to harder work, which leads to even more praise.

Answer:

What he said

Explanation:

Four different beverages are sold at a​ fast-food restaurant: soft​ drinks, tea,​ coffee, and bottled water.
a. explain why the type of beverage sold is an example of a categorical variable.
b. explain why the type of beverage sold is an example of a nominal scaled variable.

Answers

Categorical variables are the variables that are names or labels of any product. The color of a ball or the breed of an animal etc. Here, the type of beverage sold is the name of beverage and so, it is a categorical variable.The nominal type differentiates between items or subjects based only on their names or some qualitative criteria. Since the type of beverage is differentiated by name, it is a nominal scaled variable.

Final answer:

The type of beverage sold at a fast-food restaurant is an example of a categorical variable because it classifies beverages into groups without implying numerical value. It is also a nominal scaled variable because it does not imply any order among the categories. These classifications help in organizing and understanding qualitative data.

Explanation:

The type of beverage sold at a fast-food restaurant, which includes soft drinks, tea, coffee, and bottled water, serves as an example of a categorical variable because it classifies the beverages into distinct categories based on type, without implying any numerical value or order. This type of variable provides qualitative information allowing us to organize the beverages into groups. Furthermore, the type of beverage qualifies as a nominal scaled variable. Nominal variables are a subtype of categorical variables that do not assume any rank or order among the categories. Hence, when we refer to beverages like coffee or tea, we do so without placing them in any specific order, but rather, we identify them by name or type alone.

If a drop in the price of taxicab fares shifts the demand curve of private limousine rentals leftward, what does this signify

Answers

These two services are substitutes. The demand for one good has an effect on the demand for another good. In this case, the lowered price of the taxi fares will lead to a lowered price for the use of the limo rentals, all else held constant.

Final answer:

The leftward shift in the demand curve for private limousine rentals, upon a decrease in taxicab fares, signifies that taxicab rides and limousine rentals are substitute goods.

Explanation:

If a decrease in the price of taxicab fares leads to a leftward shift in the demand for private limousine rentals, it indicates that taxicab rides and limousine rentals are substitute goods. People choose between these two services based on price and other factors.

When the price of taxicab rides decreases, it makes them more attractive to consumers relative to the higher-priced limousine rentals. As a result, the demand for the more expensive service (limousines) decreases as consumers switch to the cheaper option (taxis).

This situation is comparable to how a decrease in family income would cause a shift in the demand curve for goods depending on whether they are normal or inferior goods. In this scenario, however, the change in demand is not due to a change in income but because of a change in the price of a substitute good. This shift illustrates the principle that when the price of a substitute for a good decreases, the demand for the other good will decrease, resulting in a leftward shift in its demand curve

In your lab report file, explain how data classification standards is related to customer privacy data protection and security controls

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Data classification standards help maintain customer privacy, data protection, and security controls through a series of codes, abbreviations, and a short hand that is used to file and protect customer data in such a way that the casual observer would not readily understand what they were reading by chance.

Pepsi-cola made "freshness" an important product attribute when it stamped freshness dates on its cans. prior to doing so, few consumers considered freshness an issue for soft drinks. pepsi is trying to change consumers' attitudes toward its soft drinks by reducing perceived risk. changing beliefs about the extent to which a brand has a specific attribute. providing stimulus generalization. adding a new attribute. changing the perceived importance of a specific attribute.

Answers

This is actually a method used in attitude change. The answer to this is:

“changing the perceived importance of a specific attribute”

 

By making “freshness” an important product attribute, what Pepsi cola inflicts to the customers is a mindset of giving importance to this attribute since it was being neglected in the past.

Discuss the advantages and disadvantages of “agreeing to disagree” over a conflict.

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2 advantages would be if you have a good argument, you'd win and another would be you'll get to explain your ideas
2 disadvantages would be you do not get hired or if you work already then you'd get fired 

Agreeing to disagree can allow parties to practice tolerance and move on from their disagreement without further conflict, but it can leave the two parties with a hurt relationship and the issue is never solved to anyone's satisfaction.

What is Conflict?

Conflict is defined as a fight and a collision of interests, opinions, or even values. Dispute will always exist in society, regardless of whether the source of the conflict is personal, racial, class, caste, political, or international.

Agreeing to disagree allows people to practice tolerance and move on from their dispute without additional confrontation, but it might leave the two parties with a damaged relationship and the problem never being resolved to everyone's satisfaction.

While unresolved differences may lead to intense confrontation between individuals, agreeing to disagree helps us to feel closer to one another and can also lead to a greater knowledge of one another since it compels us to hear the other viewpoint.

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Efficiently scheduling material and labor is an example of ________________ decisions

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A) strategic
B) tactical
C) operational
D) short-term
E) none of the above

 its b tactical

The current u.s. economy is based primarily on the production of

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The current U.S. economy is based primarily on the production of services. Services are expert work performed by teams for customers, such as products, accountancy, consultation, banking, cleaning, education, insurance, and treatment, for example. 

Select all correct answers. Radio Frequency Identification (RFID) may be used to _____.

Answers

-identify a lost dog
-track a package
-track inventory of a store

Answer:

identify a lost dog     track a package     track inventory of a store

Explanation:

hope this helped

If the government introduced a guaranteed price floor of $40 and agreed to purchase surplus output, then the government's total support payments to producers would be

Answers

If the government agreed to purchase the surplus output and introduced a guaranteed price floor of $40, then most likely the government 's total support payments to producers would be $4000 per week. We have a 180 quantity demanded and we have 280 quantity supplied, we will get the surplus by subtracting the supply by demand. So, 280 - 180 = 100 x price of 40 = 4000.

Final answer:

The government's total support payments to producers under a price support regime, which includes setting a guaranteed price floor and purchasing surplus production, are calculated based on the surplus quantity produced above market demand at the set price. This support mechanism aims to stabilize or boost producers' incomes but leads to government expenditures on surplus purchases, potentially causing market inefficiencies.

Explanation:

The question revolves around the calculation of government's total support payments to producers under a price support mechanism. A price support program includes setting a guaranteed price floor for a particular commodity and the government agreeing to purchase any surplus production. This action is meant to stabilize or increase the income of the producers of the commodity. However, it also leads to unintended consequences such as overproduction, which subsequently results in the government incurring significant costs to purchase and manage this surplus.

In the scenario provided, without specific quantities of surplus mentioned, it's essential to understand the theoretical basis. The government's total support payments under a price floor arrangement are theoretically the cost to purchase the surplus (above the market equilibrium quantity) at the guaranteed price. The formula to calculate this would be the difference in quantities of surplus produced (Q"-Q') multiplied by the price floor (P'). This involves understanding the concepts of consumer surplus, producer surplus, and government expenditure within the context of market operations and interventions.

Governments implement these policies to support producers, often with significant budgetary implications. While beneficial to producers, these measures can lead to inefficiencies in the market, represented by dead weight loss, and raise ethical questions about market interference and the allocation of taxpayer money.

Easily divisible between owners. a separate legal entity with perpetual life. owned by stockholders who enjoy the privilege of limited liability.

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i dont know im only typing this to see other answers sorry.
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"what would have happened to shrimp prices and consumption if the government had prohibited price increases after the bp oil spill?"

Answers

If the government had prohibited price increases after the bp oil spill, shrimp would steadily become more scare, as the supply had been compromised, increasing the demand.

The r&r company's manufacturing costs for august are: direct labor, $25,000; indirect labor, $10,500; direct materials, $28,600; taxes on raw materials and work in process, $1,600; heat, lights, and power, $1,800; and insurance on plant and equipment, $600. r&r company's factory overhead incurred for august is:

Answers

Company's factory overhead includes:
Indirect labor 10500
taxes on raw materials and work in process, $1,600
heat, lights, and power, $1,800
insurance on plant and equipment, $600
Total= 14500....answer

Hope it helps!

ECONOMICS: Opportunity Costs: Suppose on Friday night you have a choice to go either to a Katy Perry concert or a Lady Gaga concert. You won a free ticket to see Katy Perry. You would pay as much as $200 to see Lady Gaga perform, but tickets to her show cost $100 . Assume that you end up going to the Katy Perry concert.

Since you went to the Katy Perry concert, you must be willing to pay at least $_____ to see Katy Perry.

Answers

Since you went to Katy Perry concert, you must be willing to pay at least $100 to see Katy Perry. 
You desire to go to Lady Gaga concert and you are ready to pay as much as $200 to see her show, even though the entry ticket fee is $100. This implies that, you must be willing to pay at least $100 to see another show, if you decide to give up Lady Gaga show.

Answer:

This suggests merely, basically must be willing to pay at scarcest $100 to see another show up, in case you select to allow up Lady Gaga show.

Recently, Suzette has been missing a lot of work. She often calls in right as her shift is starting with some excuse why she can't make it to work. Sometimes she just doesn't show up, and she doesn't call to explain. Suzette's behavior shows she does not demonstrate which workplace attitude? dependability punctuality self-confidence honesty

Answers

She does not demonstrate dependability because you can't rely on her cause she will just cancel last minute.

Answer:

Dependable

Explanation:

The​ ________ planning phase emphasizes time horizons of one​ year; whereas the​ ________ planning phase focuses on time horizons of​ three-to-five years with no help from consultants.

Answers

The​ basic financial planning phase emphasizes time horizons of one​ year; whereas the​ forecast-based planning phase focuses on time horizons of​ three-to-five years with no help from consultants. The comprehensive evaluation current and future financial condition by using currently known variables in predicting future cash flows, withdrawal plans and assets is called basic financial planning. While forecasting uses management's experience, knowledge and judgement as a basis for certain assumptions.

In his work with companies, henry gantt found that workers achieved their best performance levels if they were trained first. true false

Answers

The answer is false. The duo who found that workers achieve their best performance levels if they were trained first are Gantt and Taylor.

A local university reports that 3% of their students take their general education courses on a pass/fail basis. assume that fifty students are registered for a general education course. what is the expected number of students who have registered on a pass/fail basis? (1 decimal format = 0.0)

Answers

Final answer:

The expected number of students taking the general education course on a pass/fail basis is calculated by multiplying 3% by 50, resulting in approximately 1.5 students.

Explanation:

To calculate the expected number of students who have registered for a general education course on a pass/fail basis at the university, we use the reported percentage of students who take courses pass/fail and the total number of students in the course. Given that 3% of the students take courses pass/fail, and there are 50 students in the course, we multiply the percentage by the total number of students.

The calculation is as follows:

Expected number = (Percentage of students taking pass/fail) × (Total number of students)
Expected number = 0.03 × 50
Expected number = 1.5

Therefore, we would expect approximately 1.5 students to be taking the general education course on a pass/fail basis.

The easiest way to convert your paper files into electronic files is by _______. a. Using an electronic scanner b. Typing each document by hand c. Taking a digital picture of each document d. Reading documents into a digital recorder

Answers

I believe the correct answer is A

The easiest way to convert your paper files into electronic files is by using an electronic scanner. Hence, Option A is correct.

What is an electronic scanner?

An electronic scanner is a radio receiver that moves automatically across some selected range of frequencies, looking for some signal or condition. It can also be described as a technique.

The use of this technique is basically in the sectors that vary and are covered by a transmitting or receiving antenna by electrical means without moving the antenna. In simple words, it is called a scanner. Its function is to detect the presence of radio signals or radioactivity.

Thus, Option A is correct.

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If wellstone inc. plans to produce 1 million cell phone covers, how many of each color should it produce?

Answers

wellstone inc. should it produce 100,000 bright white covers, 80,000 metallic Black covers, 250,000 magnetic Lime covers, 350,000 tangerine orange covers, and 220,000 fusion red covers if it plans to produce 1 million cell phone covers.

Final answer:

The production volume of each color of cell phone covers by Wellstone Inc. cannot be answered without further market research data. To achieve an optimal production mix, Wellstone Inc. should analyze market trends, customer preferences, and historical sales data. A strategy based on this analysis will guide production towards consumer demand, ensuring better sales potential.

Explanation:

Wellstone Inc.'s production of 1 million cell phone covers and determining how many of each color should be produced requires additional information for a precise answer. Typically, decisions on production quantities, especially in varying colors, involve analyzing market research, current trends, demand forecasts, and perhaps historical sales data to make an informed decision. Without specifying the number of colors or any preference indications from the market, it's challenging to determine the exact quantity of each color to produce.

To approach this strategically, Wellstone Inc. should segment its market and identify customer preferences. Surveys, focus groups, or analysis of online consumer behavior could provide insights into which colors are most likely to sell. Additionally, balancing the production based on these findings while allowing some flexibility in inventory for less predictable trends would be a sound approach. For instance, if research indicates a preference of 40% for black, 30% for blue, 20% for red, and 10% for yellow amongst potential buyers, production could align with these percentages. This method ensures a data-driven strategy that aligns with consumer preferences, ultimately enhancing the potential for sales success.

When random assignment fails to create equivalent groups, the problem of _____ occurs?

Answers

Third variables are common problems that add or introduce additional explanations for a reaction or occurrence. That means that when conducting test, the variable is not the only consideration of cause, and the effect of the third variable must be analyzed and isolated from the overall results, otherwise the data is influenced and inaccurate.

Chipotle engages customers through facebook, twitter, and other social media via its grassroots "food with integrity" digital strategy, which puts the focus on what it sells and where it comes from. these are examples of ________ media.

Answers

The answer to this question is: Owned media
Owned media is a form of communication channels that could be controlled by the company itself, such as email newsletter, websites domain, blogs, social media account, etc. In today's time, this type of media has become a crucial tool in order to maintain great positioning in the market.
Final answer:

Chipotle's engagement with customers through social media platforms is an example of digital media.

Explanation:

The examples provided in the question - Chipotle engaging customers through other social media platforms using a grassroots 'food with integrity' digital strategy - are examples of digital media.

Digital media refers to any media that is distributed and consumed through digital devices. In this case, Chipotle is using various social media platforms to connect with and engage its customers, promoting its 'food with integrity' message.

By utilizing social media, Chipotle is able to reach a wider audience and provide information about their products and where they come from, strengthening their brand identity and connecting with customers on a more personal level.

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Figure out Samuel's Net Pay using the following information. 
Gross Monthly Earnings $4,200
Social Security Tax Rate 6.2%
Medicare Tax Rate 1.45%
Net Pay__________

Answers

Gross monthly earnings = $4,200
Social Security Tax = 0.062*4200   = $260.40
Medicare tax           = 0.0145*4200 = $  60.90

Net pay = 4200 - 260.40 - 60.90 = $3,878.70

Answer:  $3,878.70

Tom got a 30 year fully amortizing frm for $400,000 at 6%, with constant monthly payments. after 3 years of payments rates fall and he can get a 27 year frm at 5%, but he must pay 2 points and $1500 in closing costs to get the new loan. think of the refinancing decision as an investment for tom, he pays a fee now but saves money in the future in the form of lower payments. what is the annualized irr of refinancing for tom assuming he prepays the new loan in 5 years? (clarification: tom will prepay the new loan 5 years after the house is purchased)

Answers

Tom’s old payment:
[360, N],[6/12, I],[400000, PV],[CPT, PMT] PMT = $2398.20

Tom’s balance after 3 years:
[324, N],[6/12, I],[2398.20, PMT] , [CPT, PV]PV = $384,335.94

Tom’s payment if he refinances.
[324, N],[5/12, I],[384,335.94, PV],[CPT, PMT]PMT = $2163.96

Difference in payments:
2398.20−2163.96 = 234.24

Tom’s cost of refinancing:
0.02∗384,335.94+1500 = 9186.72

Tom’s NPV:
NPV = (−9186.72+(234.24/(1+IRR12)^1)) +...+ (234.24/(1+IRR12)^360−36 = 324)

CF0 = -9186.72,
CF1 = 234.24, F01 = 324,
[IRR, CPT]IRR = 30.59%

On december 1, 2016, escobar consulting, which uses a calendar year as its fiscal year, signs a $4,000, 12%, four-month note payable. journalize the entry to record the payment of the note and entire interest on april 1, 2017.

Answers

The journal entry to record the payment of the note and entire interest on april 1, 2017 is as follows; Debit Notes Payable $4,000, Debit Interest Expense 120, Debit Interest Payable 40, Credit Cash $4,160.

April 1,2017
       Notes payable     $4,000
       Interest expense    $120
       Interest payable       $40
                       Cash                  $4,160

​jack and jill have trouble keeping their checking account balanced. because they never know how much is really in their account, they have an automatic funds transfer agreement with their bank. when jack or jill writes a bad check, what will happen?

Answers

The required funds will consequently be exchanged from their investment account. A standing saving money course of action whereby exchanges from a client's record are made on a general, occasional premise without assist guideline or activity by the client. The most widely recognized programmed exchange of assets is through "breadth" directions, whereby every abundance support in one record are cleared into another record.
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If the highest score in a distribution is x = 16 and the lowest is x = 4, then the range is 12 or 13 points. a. True b. False The standard recommendation for fluid needs is 30 ml/kg body weight. parker weighs 67 kg. how many cups of fluid will he need? (give your answer to the nearest tenth. give only the value. do not write the word cup or its abbreviation.) You have a column made of nickel-agarose matrix. your protein must have ________ to use this column for affinity chromatography. Without doing any calculations, determine which mass is closest to the atomic mass of carbon. without doing any calculations, determine which mass is closest to the atomic mass of carbon. 12.00 amu 12.50 amu 13.00 amu I'm of course surprised that the H. G. Wells classic, which is the original for many fantasies about invasions by mythical monsters from the planet Mars . . . I'm extremely surprised to learn that a story which has become familiar to children through the medium of comic strips and many succeeding novels and adventure stories should have had such an immediate and profound effect upon radio listeners. Orson Welles, press conference, 1938Why does Welles mention that H. G. Wells's The War of the Worlds had been turned into a comic strip? A.To get people interested in alternate versions of the story B.To warn the audience against believing everything they hear on the radio C.To make audiences feel silly for believing that the broadcast was an actual news report D.To support his statement that audiences were familiar with the story What is 26.99 round to the nearest tenth The janitor at a school discovered a leak in a pipe. The janitor found that it was leaking at a rate of 10 fl oz per hour. How fast was the pipe leaking in gallons per day? every amino acid has four characteristic components. List the four parts of an amino acid When one thing is ten times as large as another, it is said to be "an order of magnitude" larger. a hundred times larger is two orders of magnitude. a thousand is three orders of magnitude. by how many orders of magnitude is the empire state building taller than a chair seat? Density is ____ per unit volume. length area space mass S=p-0.2t solve for p Which letter below is NOT made only of line segments?1. F2. M3. D4. X The floor of a conference hall can be covered completly with tiles.Its length is 36ft. longer than its width.The area of the floor is less than 2040square ft.How would you represent the with of the floor?How about its lenght?What mathematical sentence would represent the given situation?What are the possible dimensions of the floor?How about the possible areas of the floor?Would it be realistic for the floor to have an area of 144sq.ft?Explain your answer. Ben has 3 times as many guppies as goldfish. If he has a total of 20 fish, how may guppies does he have? America saw a rise in _______ when the influx of immigrants came to the United States in the 1840s if youre looking for health and safety training, this organization would be a good place to start as it is the leading provider of health and safety courses, such as CPR. Ms. Sims is putting away 22 books. She can put them on the table in stacks of 10 or as single books. What are the different ways Ms. Sims can put away the books? A number between 40 to 60. When it is divided by 5 it leaves a remainder of 3. When it is divided by 4, it leaves a remainder of 1. After the failure of the articles of confederation, the founders adopted a ________ form of government, strong enough to maintain order but not to dominate the states. The number of molecules in 1.0 mole of H2O is _____ as in one mole of O2. Steam Workshop Downloader