In a brand recognition study, 897 consumers knew of Costco, and 10 did not. Use these results to estimate the probability that a randomly selected consumer will recognize Costco.

In A Brand Recognition Study, 897 Consumers Knew Of Costco, And 10 Did Not. Use These Results To Estimate

Answers

Answer 1

The estimated probability that a randomly selected consumer will recognize Costco is 0.988 or approximately 98.8%.

What is Probability ?

Probability is a branch of mathematics that deals with the study of random events or outcomes. It is a measure of the likelihood or chance of an event occurring, expressed as a number between 0 and 1, where 0 represents an impossible event and 1 represents a certain event.

In this brand recognition study, we are given that 897 consumers knew of Costco and 10 did not.

The probability of a randomly selected consumer recognizing Costco can be estimated as the number of consumers who knew of Costco divided by the total number of consumers in the study:

P(recognizing Costco) = number of consumers who knew of Costco : total number of consumers in the study

P(recognizing Costco) = 897 : (897 + 10)

P(recognizing Costco) = 897 : 907

P(recognizing Costco) = 0.988 or approximately 98.8%

Therefore, the estimated probability that a randomly selected consumer will recognize Costco is 0.988 or approximately 98.8%.

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Related Questions

A survey of 240 families showed that
91 had a dog;
70 had a cat;
31 had a dog and a cat;
91 had neither a cat nor a dog, and in addition did not have a parakeet;
7 had a cat, a dog, and a parakeet.
How many had a parakeet only?

Answers

Ok

so the math that we need to do for this problem will be:

Total number of families = 240

minus the ones that don't have any pets = 91

minus the families that do have dogs = 91

minus the families that do have cats = 70

add back the overlap of dogs and cats = 31

add back the overlap of dogs cats parakeets = 7

240 - 91 - 91 - 70 + 31 + 7

^ this math will give us the families that ONLY have parakeets

so I stand by what I said before that this is the math you would to do get the answer to your problem

therefore its 26 buddy

Step-by-step explanation:

[tex]n(p) only= \: n(p) - n(c n d np) \\ = 91 - 7 \\ = 84[/tex]

please help me to get this right i really need help

Answers

Answer:

The top on the left.

Step-by-step explanation:

The function is a square root function. The negative is a reflection across the x axis. The 2 is a vertical stretch by 2. The subtraction of 1 from the x is a horizontal shift right 1 and the addition of 5 to the function is a vertical shift upwards 5. If you would like more detail let met know.

how to find area and perimeter of Rhombus​

Answers

Answer:

To find the area and perimeter of a rhombus, you can follow these steps:

1. Find the length of one side of the rhombus.

2. Use the length of one side to find the length of the diagonals. The diagonals of a rhombus are perpendicular bisectors of each other, which means that they intersect at a 90-degree angle, and each diagonal cuts the rhombus into two congruent right triangles. The length of each diagonal can be found using the Pythagorean theorem: diagonal^2 = (side/2)^2 + (side/2)^2.

3. Once you have found the length of the diagonals, you can use them to calculate the area of the rhombus. The area of a rhombus is equal to half the product of the length of the diagonals: area = (diagonal1 x diagonal2) / 2.

4. To find the perimeter of the rhombus, you simply add up the lengths of all four sides: perimeter = 4 x side.

In summary, the steps to find the area and perimeter of a rhombus are:

1. Find the length of one side of the rhombus.

2. Use the length of one side to find the length of the diagonals.

3. Use the diagonals to calculate the area of the rhombus: area = (diagonal1 x diagonal2) / 2.

4. Add up the lengths of all four sides to find the perimeter: perimeter = 4 x side.

To find the area and perimeter of a rhombus, you can use the following formulas:

Area = (diagonal 1 × diagonal 2) / 2

Perimeter = 4 × side length

What is a rhombus?

A rhombus is a quadrilateral that has four equal sides.

Some of the properties we need to know are:

- The opposite sides are parallel to each other.

- The opposite angles are equal.

- The adjacent angles add upto 180 degrees.

We have,

To find the area and perimeter of a rhombus, you can use the following formulas:

Area of a Rhombus:

The area of a rhombus can be found by multiplying the length of the two diagonals and dividing by 2. That is,

Area = (diagonal 1 × diagonal 2) / 2

The perimeter of a Rhombus:

The perimeter of a rhombus can be found by multiplying the length of one side by 4. That is,

Perimeter = 4 × side length

Thus,

To find the area and perimeter of a rhombus, you can use the following formulas:

Area = (diagonal 1 × diagonal 2) / 2

Perimeter = 4 × side length

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A 14- ladder is leaning against a building. If the bottom of the ladder is sliding along the pavement directly away from the building at ​3feet/second, how fast is the top of the ladder moving down when the foot of the ladder is 5 feet from the​ wall?

Answers

The company will start to turn a profit when x is greater than -22. In other words, the company will start to turn a profit when they sell more than 22 units of their product.

What is inequalities

In mathematics, an inequality is a mathematical statement that indicates that two expressions are not equal. It is a statement that compares two values, usually using one of the following symbols: "<" (less than), ">" (greater than), "≤" (less than or equal to), or "≥" (greater than or equal to).

To find the point at which the company starts to turn a profit, we need to find the value of x for which the revenue is greater than the cost of production.

The revenue function is R(x) = 7x, and the cost of production is C(x) = 13x + 132.

So, we need to solve the inequality:

R(x) > C(x)

7x > 13x + 132

Subtracting 13x from both sides, we get:

-6x > 132

Dividing both sides by -6 (and flipping the inequality because we're dividing by a negative number), we get:

x < -22

Therefore, the company will start to turn a profit when x is greater than -22. In other words, the company will start to turn a profit when they sell more than 22 units of their product.

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The average 5-year-old child has a mass of 20 kg. Write this mass in
scientific notation. Approximately how many times larger is the elephant
than the child? Approximately how many water drops equal the mass of the
child? Explain your thinking.

Answers

Answer:

The mass of a 5-year-old child is 20 kg. We can express this mass in scientific notation as:

2 x 10^1 kg

To find approximately how many times larger an elephant is than a 5-year-old child, we need to know the mass of an elephant. According to National Geographic, an average elephant can weigh between 2,700 and 6,000 kg. Assuming an average weight of 4,350 kg for an elephant, we can calculate the ratio of elephant mass to child mass as follows:

4,350 kg / 20 kg ≈ 218

Therefore, an elephant is approximately 218 times larger than a 5-year-old child in terms of mass.

To determine approximately how many water drops equal the mass of a child, we need to know the mass of a single water drop. This can vary depending on the size of the drop and the substance it is made of. However, for the purposes of estimation, we can assume that the mass of a water drop is approximately 0.05 grams.

Look at ZVSW and ZTSW in the image below.
W
Which of the following is the best description for this pair of angles?
O acute
O complementary
Osupplementary
O straight

Answers

VSW and TSW are supplementary angles.

What is supplementary angle?

Supplementary angles are a pair of angles that add up to 180 degrees. In other words, if you have two angles that are supplementary, and you add them together, the result will be a straight line.

What is complementary angle?

Complementary angles are two angles whose sum is equal to 90 degrees (a right angle). In other words, when two angles are complementary, they "complete" a right angle when added together.

According to given information:

In geometry, an angle is formed when two lines or rays intersect. Angles are measured in degrees and are classified based on their measures.

The pair of angles VSW and TSW in the image can be classified as supplementary angles.

Two angles are supplementary if their measures add up to 180 degrees.

In this case, angle VSW and angle TSW are adjacent angles that together form a straight angle, which measures 180 degrees. Therefore, VSW and TSW are supplementary angles.

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If the variance of the data values in a population is 441, what is the standard deviation of the data values?
O A. 17
• B. 21
O C. 23
O D. 19

Answers

In the given situation if the variance of the data values in a population is 441, the standard deviation of the data values is (B) 21.

What is the standard deviation?

The term "standard deviation" (or "σ") refers to a measurement of the data's dispersion from the mean.

A low standard deviation implies that the data are grouped around the mean, whereas a large standard deviation shows that the data are more dispersed.

While a high standard deviation suggests that the values are dispersed throughout a wider range, a low standard deviation suggests that the values tend to be close to the established mean.

The variance's square root is the standard deviation of the data values:

S = √V = √441 = 21

Therefore, in the given situation if the variance of the data values in a population is 441, the standard deviation of the data values is (B) 21.

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I need this in standard form and it’s not showing up??

Answers

An expression that equals 24 + 3B in standard form is: 36 + 9m

What is standard form ?

To find an expression that equals 24 + 3B in standard form, we first need to find the value of B and then substitute it into the expression.

Given that B = 3m + 4, we can substitute it into 24 + 3B to get:

24 + 3B = 24 + 3(3m + 4)

Simplifying the expression inside the parentheses, we get:

24 + 9m + 12

Combining like terms, we get:

36 + 9m

Therefore, an expression that equals 24 + 3B in standard form is:

36 + 9m

What is an expression?

In mathematics, an expression is a combination of numbers, symbols, and operators (such as +, -, ×, ÷, etc.) that represents a value or a relationship between values. Expressions can be simple, such as a single number or variable, or complex, such as a combination of several terms with different operators.

For example, 2x + 3y - 5 is an expression that consists of three terms (2x, 3y, and -5) with two operators (+ and -). This expression can be evaluated for different values of x and y to obtain different numerical results.

Expressions can be used to represent mathematical formulas, describe geometric shapes and patterns, and solve real-world problems in a wide range of fields, including science, engineering, finance, and statistics.

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Complete question is: An expression that equals 24 + 3B in standard form is: 36 + 9m,

please answer the question and add the label in your answer please I'm putting 30 points please ​

Answers

For the first graph the two lines are parallel, that is they do not intersect. Thus, the system has no solution. For the second graph the y-intercept is 3 units.

What is solution of system of equation?

The points where the lines representing the intersection of two linear equations intersect are referred to as the solution of a linear equation. In other words, the set of all feasible values for the variables that satisfy the specified linear equation constitutes the solution set of the system of linear equations. There is only ever one solution to a linear equation with one variable. The one and only position at which LHS and RHS are equivalent upon substitution is the unique solution of a linear equation. When there are two simultaneous linear equations, the answer must be an ordered pair (x, y). The ordered pair will in this instance satisfy the set of equations.

For the first graph the two lines are parallel, that is they do not intersect. Thus, the system has no solution.

For the second graph the y-intercept is 3 units.

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12. Pure fruit concentrate must be diluted with water in the ratio 1:7.
How many millilitre of concentrate are needed to make 5litres cool drink?

Answers

After answering the presented question, we can conclude that As a equation result, 625 millilitres of pure fruit concentrate are required to generate 5 litres of cold drink.

What is equation?

An equation in mathematics is a statement that states the equality of two expressions. An equation is made up of two sides that are separated by an algebraic equation (=). For example, the argument "2x + 3 = 9" asserts that the phrase "2x Plus 3" equals the value "9." The purpose of equation solving is to determine the value or values of the variable(s) that will allow the equation to be true. Equations can be simple or complicated, regular or nonlinear, and include one or more elements. The variable x is raised to the second power in the equation "x2 + 2x - 3 = 0." Lines are utilised in many different areas of mathematics, such as algebra, calculus, and geometry.

If we need to dilute the pure fruit concentrate with water in a 1:7 ratio, this means that we need 7 parts water for every 1 part concentrate.

As a result, in order to prepare 5 litres of cool drink, we will need:

0.625 litres of pure concentration = 1/8 x 5 litres

We multiply litres by 1000 to get millilitres:

625 millilitres of pure concentrate (0.625 x 1000).

As a result, 625 millilitres of pure fruit concentrate are required to generate 5 litres of cold drink.

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help asap will give brainliest hurry

Answers

Based on the given information, the value of y is 5.

What is a cyclic polygon?

A cyclic polygon is a polygon that can be inscribed inside a circle in such a way that all of its vertices lie on the circumference of the circle. In other words, a cyclic polygon is a polygon that can be circumscribed by a circle.

In a polygon with n sides, the sum of its interior angles is given by the formula: (n - 2) * 180 degrees. Since this polygon is inside a circle, it must be a cyclic polygon, which means that its opposite angles add up to 180 degrees.

We are given that the opposite angles are 23y and 13y, so we can write:

23y + 13y = 180

36y = 180

y = 5

Therefore, the value of y is 5.

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Airplanes are sometimes used to fight fires. A certain airplane can deliver ×4104 liters of water in one trip. How much water can this airplane deliver in 38 trips?

Write your answer in scientific notation.

Answers

To find the total amount of water that the airplane can deliver in 38 trips, we need to multiply the amount of water delivered in one trip by the number of trips:

×4104 liters/trip x 38 trips = 1.56192 x 10^5 liters

Therefore, the airplane can deliver 1.56192 x 10^5 liters of water in 38 trips.

A specific bacteria is given a favorable growth medium, the bacteria has a growth rate of 30.5% every hour. In the beginning there are 100 bacteria, how many bacteria will there be in 36 hours? Round your answer to the nearest tenth.

a. 1550236.7 bacteria
b. 1452039.5 bacteria
c. 152.3 bacteria
d. 149.1 bacteria

Answers

Answer:

36hrs is 36/6.5=5.538 doubling periods. Initial population x0=100

Step-by-step explanation:

The rate of exponential growth of a bacterial culture is expressed as generation time, also the doubling time of the bacterial population. Generation time (G) is defined as the time (t) per generation (n = number of generations). Hence, G=t/n is the equation from which calculations of generation time (below) derive.

Directions: Show all work. Round to the nearest tenth. 1. What is the volume of a cone with a diameter of 12 inches and a height of 16 inches?

Answers

Answer:

603.2 cubic inches

Step-by-step explanation:

First, we need to find the radius of the cone, which is half of the diameter:

radius = 12 inches / 2 = 6 inches

Next, we can use the formula to find the volume of a cone:

V = (1/3)πr^2h

where V is the volume, π is pi (approximately 3.14), r is the radius, and h is the height.

Substituting in the values we have:

V = (1/3)π(6 inches)^2(16 inches)

V = (1/3)π(36 square inches)(16 inches)

V = (1/3)π(576 cubic inches)

V = 192π cubic inches

Rounding to the nearest tenth, the volume of the cone is:

V ≈ 603.2 cubic inches

Hopes this helps


Find the y-intercept for the equation:
y=2x+6

Answers

Answer down below:

Y = 2x + 6 is in the slope intercept form, meaning that 2 is your slope, and 6 is your y-intercept

Hope this helps!

Y=2x+6

x=2y+6

2y=6-x/÷2

y=[tex]\frac{6-x}{2}[/tex]

HELP ASAP 20 POINTS

Answers

Answer: $ 16,740


Here's a trick:

Mark down, you subtract

Mark up, you add

**Please mark brainliest**

Step-by-step explanation:

Hi, so I see you've been asking for help on these questions.

The concept is quite simple so I am going to walk you through it.

First, your going to multiply 55,800 x .7

Once you've done that you will receive 39,060 you will then subtract 39,060 from 55,800

55,800

-

39,060

= 16,740 is your answer

Solve the inequality, if possible. 3(5w+4)<12w+15

A. W<1
B. W<3/2
C. W>15
D. Not possible

Answers

Answer:

[tex]3(5w + 4) < 12w + 15[/tex]

[tex]15w + 12 < 12w + 15[/tex]

[tex]3w < 3[/tex]

[tex]w < 1[/tex]

A is the correct answer.

type the correct answer in the box. use numerals instead of words. use / for the fraction bar. there are 57 houses on julian's street. of those houses, 12 have a skylight, 28 have a fireplace, and 5 have both a skylight and a fireplace. the probability, expressed as a fraction in the lowest terms, that julian lives in a house with a skylight or a fireplace is (what fraction in the lowest terms).

Answers

The probability that Julian lives in a house with a skylight or a fireplace is 35/57, which can be simplified to 5/8 in the lowest terms. So the answer is: 5/8.

What is probability?

Probability is a measure of the likelihood of an event occurring. It is a number between 0 and 1, where 0 means the event is impossible and 1 means the event is certain to happen.

To calculate the probability that Julian lives in a house with a skylight or a fireplace, we need to add the number of houses that have a skylight and the number of houses that have a fireplace, and then subtract the number of houses that have both a skylight and a fireplace, because we don't want to count those houses twice:

Number of houses with a skylight = 12

Number of houses with a fireplace = 28

Number of houses with both a skylight and a fireplace = 5

Number of houses with a skylight or a fireplace = (12 + 28) - 5 = 35

Therefore, the probability that Julian lives in a house with a skylight or a fireplace is 35/57, which can be simplified to 5/8 in the lowest terms.

So the answer is: 5/8.

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A painter uses 12 quarts of paint to paint a room and 6 gallons of paint to paint a fence. How many total gallons of paint does the painter use?
Responses

Answers

Answer:

9 gallons

Step-by-step explanation:

4 quarts = 1 gallon

12/4=3

3 + 6= 9

9 gallons

A box is to be constructed with a rectangular base and a height of 5 cm. If the rectangular base must have a perimeter of 28 cm, which quadratic equation best models the volume of the box?

V = lwh
P = 2(l + w)

Answers

Answer: V(x) = -5x^2 + 70x

Step-by-step explanation:

Let the length and width of the rectangular base be represented by x and y, respectively.

Since the perimeter of the rectangular base is 28 cm, we have:

2x + 2y = 28

x + y = 14

The height of the box is given as 5 cm.

The volume of the box is given by:

V = lwh = xy(5)

V = 5xy

We can solve for y in terms of x from the equation x + y = 14:

y = 14 - x

Substituting this into the equation for the volume, we get:

V = 5x(14 - x)

Simplifying:

V = 70x - 5x^2

Sheila is climbing on a ladder that is attached against the side of a jungle gym wall. She is 7 feet off the ground and is 3 feet from the base of the ladder, which is 18 feet from the wall. How high up the wall is the top of the ladder?

Answers

The top of the ladder is about 24.81 feet up the wall.

Equations

We can use the Pythagorean theorem to solve the problem and assume  the height up the wall that the top of the ladder reaches "x". Then, we have a right triangle with legs of 3 feet and x feet and a hypotenuse of 18 + 7 = 25 feet (the length of the ladder). So, we can write:

[tex]3^{2}[/tex] + [tex]x^{2}[/tex] = [tex]25^{2}[/tex]

9 + [tex]x^{2}[/tex] = 625

[tex]x^{2}[/tex] = 616

x = [tex]\sqrt{616}[/tex]

x ≈ 24.81 feet

What are the components of Pythagoras Theorem?

According to Pythagoras's Theorem, the square of the length of a right-angled triangle's hypotenuse (the side that faces the right angle) is equal to the sum of the squares of the lengths of the other two sides (the adjacent and opposite sides) and this can be expressed mathematically as follows  [tex]c^{2}[/tex]= [tex]a^{2}[/tex] + [tex]b^{2}[/tex] where c is the hypotenuse's length and a and b are the lengths of the other two sides.

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The quantity of a drug Q mg, present in the body is given by
Q = f(t) = 140te−0.5t
(a) Find f

(1), f′
(4)

Answers

Step-by-step explanation:

The quantity of a drug, Q mg, present in the body t hours after an injection of the drug is given is Q =f 140te 0.6t Find f (1) , f' (1) , f (6) ,and f' (6) .

9x9x9x9 using an exponet

Answers

Answer:

9⁴

Step-by-step explanation:

If I'm understanding what you're asking correctly, it would just be the answer above, which evaluates to 6561.

Name a radius
Name a chord
Name a tangent
Where is the point
of tangency?
B. C D
E
G
H
F

Answers

DH is radius.

EG is a chord

FI line is tangent to the circle

H is the point of tangency

Define  the point of tangency

The point of tangency is the point where a tangent line touches a curve or a circle at a single point, without intersecting it. At this point, the tangent line is perpendicular to the curve or circle at that specific point. The point of tangency is important in calculus and geometry, as it is used to calculate derivatives and solve problems related to circles, curves, and other geometrical figures.

In the given circle,

DH is radius.

(As it passes through center of circle and touches its circumference)

EG is a chord

(It divides the circle into two parts)

FI line is tangent to the circle

(It touches the line externally)

H is the point of tangency

(It is a point where the tangent of circle and circle meets)

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31. Given that f(x) = 55+x and g(x) = 5, it must be true
that (x) = ?
A. 11+
B. 11 + x
C. 11+5x
D. 55+
E. 55+5x

Answers

55 + 5x, because we substitute g(x) = 5 in f(x) and get the final function as f(g(x)) = 55 + 5x. option E

How determine if  f(x) = 55+x and g(x) = 5 is true

We are given two functions:

f(x) = 55 + x

g(x) = 5

We need to find the value of f(g(x)), which means we need to substitute g(x) in place of x in f(x).

f(g(x)) = f(5)

Therefore, we need to find f(5).

f(x) = 55 + x

f(5) = 55 + 5 = 60

So, the answer is E. 55 + 5x, because we substitute g(x) = 5 in f(x) and get the final function as f(g(x)) = 55 + 5x.

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Write the expression in terms of sine and cosine, and simplify so that no quotients appear in the final expression. tan x(cot x - cos x)​

Answers

Answer: Starting with the expression:

tan(x)(cot(x) - cos(x))

Recall that cot(x) is the reciprocal of tan(x), so we can substitute cot(x) = 1/tan(x):

tan(x)(1/tan(x) - cos(x))

Simplifying:

1 - cos(x)tan(x)

Next, we can use the identity cos(x) = 1/sec(x) to eliminate the cotangent term:

1 - (1/sec(x))tan(x)

Now, we can use the identity tan(x) = sin(x)/cos(x) and sec(x) = 1/cos(x) to express the expression in terms of sine and cosine:

1 - (1/cos(x))(sin(x)/cos(x))

Simplifying:

cos(x)/cos(x) - sin(x)/cos(x)

= (cos(x) - sin(x))/cos(x)

Therefore, the simplified expression in terms of sine and cosine is:

(cos(x) - sin(x))/cos(x)

Step-by-step explanation:

Two students, Sean and Felisha, are doing a science project to create protective barrier for an egg. At the conclusion of the project they must drop an egg from a window that is off the ground and NOT break the egg. The trick is to create a barrier that can also slow down the velocity of the falling egg. The equation describes the drop that Sean's egg took The equation describes the drop that Felisha's egg took By how many did Felisha's egg land first? (round answer to decimal places)

Answers

The equations for Sean's and Felisha's eggs when dropped from a height of 120 feet are given. By solving for t in each equation, it is found that Felisha's egg landed first by approximately 0.53 seconds.

To find the time it takes for each egg to hit the ground, we need to solve for t in each equation:

For Sean's egg:

f(t) = -16t² + 75t + 120

We want to find t when f(t) = 0 (i.e., when the egg hits the ground)

-16t² + 75t + 120 = 0

Divide both sides by -1 to simplify the equation:

16t² - 75t - 120 = 0

Using the quadratic formula:

t = (-b ± √(b² - 4ac)) / 2a

where a = 16, b = -75, and c = -120.

t = (-(-75) ± √((-75)² - 4(16)(-120))) / 2(16)

t = (75 ± √(75² + 4(16)(120))) / 32

t = (75 ± √(7955)) / 32

We know that the egg cannot hit the ground in negative time, so we can discard the negative solution:

t = (75 + √(7955)) / 32

t ≈ 3.742 seconds

For Felisha's egg:

f(t) = -16t² + 55t + 120

We want to find t when f(t) = 0 (i.e., when the egg hits the ground)

-16t² + 55t + 120 = 0

Divide both sides by -1 to simplify the equation:

16t² - 55t - 120 = 0

Using the quadratic formula:

t = (-b ± √(b² - 4ac)) / 2a

where a = 16, b = -55, and c = -120.

t = (-(-55) ± √((-55)² - 4(16)(-120))) / 2(16)

t = (55 ± √(55² + 4(16)(120))) / 32

t = (55 ± √(7649)) / 32

We know that the egg cannot hit the ground in negative time, so we can discard the negative solution:

t = (55 + √(7649)) / 32

t ≈ 3.212 seconds

Therefore, Felisha's egg landed first by:

3.742 - 3.212 ≈ 0.53 seconds (rounded to 3 decimal places).

Answer: Felisha's egg landed first by approximately 0.53 seconds.

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Complete question is in the image attached below

Chuck's Chops, an up-scale steak house, received an invoice for 800 pounds of baking potatoes with a cost of $.85 per pound. The terms were, n/30. Chuck was unable to pay the bill in full within the discount period but was able to remit a partial payment of $425.00 within the discount period. How much credit did Chuck receive for his payment?

Answers

Chuck received a credit of $369.15 for his partial payment.

What is simple interest?

The interest on a loan or principal sum can be easily calculated using simple interest. Simple interest is a notion that is employed across a wide range of industries, including banking, finance, automobiles, and more.

The total cost of the baking potatoes is calculated by multiplying the weight of potatoes by the cost per pound:

800 pounds x $0.85/pound = $680

Since the terms are n/30, Chuck has 30 days to pay the invoice in full to receive the discount. He made a partial payment of $425 within the discount period, which means he has a remaining balance of:

$680 - $425 = $255

To determine how much credit Chuck received for his partial payment, we need to calculate the discount he would have received if he had paid the full amount within the discount period. The discount is calculated by multiplying the total cost by the discount rate, which is calculated by dividing the discount period by the number of days in the year:

Discount rate = discount period / number of days in the year

Discount rate = 30 / 365

Discount rate = 0.0822

Discount = total cost x discount rate

Discount = $680 x 0.0822

Discount = $55.85

Since Chuck only paid $425 within the discount period, he is entitled to a credit for the remaining discount amount:

Credit = Discount - Partial payment

Credit = $55.85 - $425

Credit = -$369.15

Therefore, Chuck received a credit of $369.15 for his partial payment.

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Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the West, Central, and East regions. Each of these regions is about the same size and each has its own manager and sales staff.
The company has been experiencing losses for many months. In an effort to improve performance, management has requested that the monthly income statement be segmented by sales region. The company's first effort at preparing a segmented income statement for May is given below.

Answers

By analyzing the segmented income statement, Millard Corporation can identify which sales regions are contributing to the overall losses and focus on improving their performance.

We analyze the segmented income statement for Millard Corporation.

Based on the given information, the company distributes office products to three sales regions:

West, Central, and East. Each region has its own manager and sales staff.
To prepare a segmented income statement for May, the company should follow these steps:
Identify the revenue generated by each sales region.

This can be found by tracking the sales from each region and recording them separately.
Allocate direct costs to each sales region.

Direct costs are those that can be directly traced to each region, such as the salaries of the regional manager and sales staff.
Allocate indirect costs to each sales region.
Calculate the contribution margin for each sales region by subtracting the direct costs from the revenue.

This will show the profitability of each region before accounting for the indirect costs.
Subtract the allocated indirect costs from the contribution margin to determine the operating income (or loss) for each sales region.

This information will also help management make informed decisions on resource allocation, budgeting, and strategic planning for the future.

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A club had 600 members. 60% of them were males. When 200 new members joined the club, the percentage of male members was reduced to 50%. How many of the new members were males?

Answers

Answer: 40

Step-by-step explanation: out of 600 members, 360 (600*0.6) of them were males. When 200 new members joined the club, the total number of members would be 800. If 50% of 800 members were males, then 400 are males. 40 new male members joined.

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