A new young executive is perplexed at the number of interruptions that occur due to employee relations. She has decided to track the number of interruptions that occur during each hour of her day
Over the last month, she has determined that between 0 and 3 interruptions occur during any given hour of her day. The data is shown below.
Number of Interruptions in 1 hour Probability
0 interruption .5
1 interruptions .3
2 interruptions .1
3 interruptions .1
On average, she should expect 0.8 interruptions per hour.
Indicate whether the statement is true or false
TRUE
Business
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Fill in the blank(s) with the appropriate word(s).
Business
What would be the value of a four-plex rental property if each unit rented for $206.25 per month; vacancies were 5% of gross rents; operating expenses were $4,140 per year, and the net earnings represented an 8% return on the investment:
A: $65,812.50; B: $68,400; C: $71,484; D: $72,000.
Business