In experimental studies, the U.S. Postal Service has found that the probability that a piece of advertising

Question:

In experimental studies, the U.S. Postal Service has found that the probability that a piece of advertising is opened and read is 78%. A business sends out 15,000 pieces of advertising. How many of these can the company expect to be opened and read?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

See More Books

Question Posted: Apr 12, 2016 10:11 AM

See More Questions

The number of pieces of mail delivered by the U.S. Postal Service has been in steady decline since it hit a peak in 2006 with 213.1 billion. Data in the Excel file postal service.xlsx show the number...
The U.S. Postal Service will ship a Priority Mail Large Flat Rate Box (120 3 120 3 5 1 / 2 0) anywhere in the United States for a fixed price, regardless of weight. The weights (ounces) of 20...
The U. S. Postal Service is concerned with the time it takes to deliver mail. It would like not only to deliver mail as quickly as possible but also to have as little variation as possible. Twenty...
The following two equations have a common solution of (1, 2, 3). Which equation would complete a system of three linear equations in three variables having solution set {(1, 2, 3)}? x+y+z=6 2x = y +...
Lofton Company owns 60 percent of Temple Corporation's voting shares, purchased on May 17, 20X1, at book value. At that date, the fair value of the noncontrolling interest was equal to 40 percent of...
Search the Internet including social media to obtain information on flying and passengers' airline preferences. Develop three double-barreled questions related to flying and passengers' airline...
Suppose that the probabilities are, respectively, 0.40,0.40, and 0.20 that in city driving a certain kind of imported car will average less than 22 miles per gallon, anywhere from 22 to 25 miles per...
Consider the following transactions for Burlington Drug Store: Feb. 2 Burlington buys $23,800 worth of inventory on account with credit terms of 2/15, n/30, FOB shipping point. 4 Burlington pays a...
calculate the missing information in the table found in the Excel spreadsheetshow formulas please. Portfolio A Portfolio B S&P 500 90dBill Rm-Rf RA-Rf RB-Rf Apr 04 -2.23% -9.22% -1.57% 0.08% May 04...
The cost of Piper Music Inc.'s inventory at December 31, 2014, is $54,700. Its net realizable value on the same date is $52,500. (a) Prepare the adjusting journal entry required, if any, to record...
In each of Exercises 29-36, fill in the blank with the correct term. Some of the given choices will be used more than once. Others will not be used. 1. A(n)________________ of a function is an input...
Suppose that 5 cards are drawn from a deck of 52 cards. For the following exercises, give both a reasoned expression and an answer. 37. Two Pairs. A hand with two pairs is a hand like Q-Q-3-3-A. a)...
If water leaves the nozzle of a) Problem 4.25 a b) Problem 4.25 b c) Problem 4.25 c and exits to the atmosphere at 0 kPa gage, estimate the gage pressure of the water upstream where Ñ´1...
What does the term "tracking error" measure in investment performance evaluation?
6. What are the parameters affecting prices European and American calls and puts. How do the prices change when one of the parameters changes with all the others remaining the same?
What is the primary assumption underlying the use of the Sharpe ratio in investment analysis?
You want to invest $ 10,000 in the stock market. You are particularly interested in the stock of two companies, A and B. You have three options: Invest the $10,000 in stock A only. Invest the $10,000...
What is the position of home equity line of credit (HELOC) in relation to the original lien? What is the position of home equity line of credit (HELOC) in relation to the original lien?
In each of Exercise, we have presented a confidence interval (CI) for the difference, 1 2 , between two population means. Interpret each confidence interval. 99% CI is from 10 to 5.
Give an example of transitory income. What effect does this income have on the marginal propensity to consume?
According to Mrs. Randolph's will, each of her great-grandchildren living in Georgia received $700 more than each of her great-grandchildren living in Florida. In all, $206,100 was divided between 36...
A 30°-60°-90° triangle and a 45°-45°-90° triangle are two drafting tools used by people in careers such as engineering, architecture, and drafting. The angles in both triangle...
Rudy is renting a cabin on Lake Tahoe. He wants to make a recipe for hot chocolate that calls for 1 cup of milk. Unfortunately, the cabin is not well stocked, and he has only a 1-gallon container of...
How do norms intersect with systems of power and privilege, and how do dominant groups reinforce or challenge normative standards to maintain their social position?
You are earning $41,000 a year in city with a low cost of living. You are considering taking a job in another city where the cost of living is 15% higher. What is the minimum salary you would need to...
Describe qualitative factors that could also complement the ratio analysis and play an important role in improving financial performance.

In experimental studies, the U.S. Postal Service has found that the probability that a piece of advertising

Question:

Step by Step Answer:

The company can expect 78 ...View the full answer

College Algebra Graphs and Models

Students also viewed these Linear Algebra questions