1. Historically, 0.05% of the employees of ABS leave the company every year. If 1000 employees...

1. Historically, 0.05% of the employees of ABS leave the company every year. If 1000 employees are randomly selected, what is the approximate probability to three decimal places that less than 18 employees will leave the company this year.

Expert Solution

orchestra answered 2 years ago

You have a company with 300 employees. Every year they have to go through a mandatory...

You have a company with 300 employees. Every year they have to go through a mandatory training which requires them to watch company made videos. You want to test if the employees will pay more attention to the videos if they include popular music (top 50 hits) or classical music. You select 40 employees to take part in a study where they watch the videos alone in a room and someone watching from a webcam counts how many times the...

13. A company gives employees a quarterly bonus of 1% of their salary for every 5%...

13. A company gives employees a quarterly bonus of 1% of their salary for every 5% increase of corporate net income compared to the previous quarter. This is an example of: Merit compensation Gain sharing Capability based compensation Focus on individual performance 14. Employee engagement is different from traditional management practices in that employee engagement: a. replaces trust and cooperation with adversarial mentality. decreases employee morale and commitment to the organization. encourages sticking to established methods of working; it discourages...

Firm Abs will incur $5,000,000 in initial capital outlays in Year 1, $3,000,0000 in Year 2...

Firm Abs will incur $5,000,000 in initial capital outlays in Year 1, $3,000,0000 in Year 2 and $1,000,0000 in Year 3. Since the company does not expect to be able to produce or sell its product until Year 2, it will not incur any labor and materials cost in Year 1. Based on marketing research and forecasting tools, Firm Abs to sell 6,000 units in Year 2 at a price of $320 and then expect that quantity to double in...

Today is Sept. 1, 2009. Starting today you plan to invest $1000 every year, first deposit...

Today is Sept. 1, 2009. Starting today you plan to invest $1000 every year, first deposit today and last deposit on Sept. 1, 2025. After that, you plan to leave the money in the same account until Sept. 1, 2030. However, the interest rate is 8% compounded quarterly until your last deposit and only 7% compounded annually after that. How much money will you have in your account on Sept. 1, 2030? a. $34,504.14 b. $35,504.14 c. $48,393.84 d. $49,005.74...

(1 point) A tank is filled with 1000 liters of pure water. Brine containing 0.05 kg...

(1 point) A tank is filled with 1000 liters of pure water. Brine containing 0.05 kg of salt per liter enters the tank at 6 liters per minute. Another brine solution containing 0.07 kg of salt per liter enters the tank at 9 liters per minute. The contents of the tank are kept thoroughly mixed and the drains from the tank at 15 liters per minute. A. Determine the differential equation which describes this system. Let S(t) denote the number...

A 20-year-old student wants to save $1000 a year for her retirement. Every year she invests...

A 20-year-old student wants to save $1000 a year for her retirement. Every year she invests $1000 in a mutual fund with an expected annual return of 8%. How much money will she have when she is 65 years old? Assume that she invests right away and did not have any money in her saving account. Part B The same student, she wants to save $100 a month instead of $1000 a year. How much money will she have when...

On 1/1/87, Cathy borrows $1,000 from ABS Finance Company and agrees to pay it back in...

On 1/1/87, Cathy borrows $1,000 from ABS Finance Company and agrees to pay it back in five annual installments at an annual effective rate of 11%. The first payment is due one year after the loan is issued. On 1/1/89 Cathy pays off the balance of the loan plus a 50$ prepayment penalty. Find ABC‘s effective overall yield rate i

The company wages expense is paid every 20. With a total of 20 casual employees, the...

The company wages expense is paid every 20. With a total of 20 casual employees, the daily wage expense is Rp.4,000,000. Wages for working days after the 20th, paid on the 20th of the following month. The remaining workdays after payment of wages on October 20 are 6 days. Make adjusting entries to be made for the preparation of the monthly financial statements as of October 31, 2015 for the transaction!

QUESTION 1. On average, one in every 1000 people living in a city is known to...

QUESTION 1. On average, one in every 1000 people living in a city is known to have cancer. In a study carried out in this province, 5000 people were checked for health. According to this; a) Calculate the probability that 7 out of 5000 people will get cancer. b) Calculate the probability that no more than 1 person out of 5000 can get cancer.

The school issues a 15-year $1000 bond that pays $50 every six months. If the current...

The school issues a 15-year $1000 bond that pays $50 every six months. If the current market interest rate is 6%, what is the fair market value of the bond?

Question