How many possible samples of size n = 9 can be drawn from a population of size 12?
Network Systems is introducing a new network card. Suppose Network Systems knows its fixed costs are $600,000, its variable costs are $500 per card, and it must sell 15,000 cards to break even the first year. What is the minimum price per unit it should charge?
Franco's company makes tomato paste. His fixed costs are $23,000. The variable cost to make a case is $10. He will price the cases at $25. What are the sales he must reach in order to break even?
Describe the correlation coefficients using the terms strong, moderate, or weak and positive or negative. r = 1.1
Describe the correlation coefficients using the terms strong, moderate, or weak and positive or negative. r = -0.51
Network Systems is introducing a new network card. Suppose Network Systems knows its fixed costs are $600,000, its variable costs are $500 per card, and it must sell 15,000 cards to break even the first year. What is the minimum price per unit it should charge?
As part of its benefits package, a company offers vision insurance to employees. The monthly premium cost per employee is $43. If the employees pay 75% of the premium, how much is the total annual premium paid by an employee for the vision insurance?
Mindy is a real estate agent who earns 5.5% commission on each sale she makes. Last month she sold two homes for $159,000 and $213,000. How much did Mindy make in commissions for the month?
Irving works for Sam's Food Market. He is paid weekly on the basis of a 40-hour work week at the rate of $9.50 an hour with time-and-a-half for overtime. During one week he worked 49 1/2 hours. What was the amount of his total earnings for the week?
Linda sells vacuums part time. She is paid a monthly commission only. She receives 15% of her first $1,500 in sales and 20% of the remainder. Last month she sold $2,233 worth of vacuums. How much commission did she earn last month?