Two employees, C and D, are to be compared based ʼn their daily routine of work. Employee C can finish his b with an average of 1.35 hours and a standard eviation of 0.09 hour, whereas Employee D can finish e job with an average of 2.7 hours and a standard eviation of 0.04 hour. Who is the more consistent mployee? Employee C Employee

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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4. Two employees, C and D, are to be compared based
on their daily routine of work. Employee C can finish his
job with an average of 1.35 hours and a standard
deviation of 0.09 hour, whereas Employee D can finish
the job with an average of 2.7 hours and a standard
deviation of 0.04 hour. Who is the more consistent
employee?
a. Employee C
b. Employee
5. Having a balance of P 6,000 in his previous billing
statement posted on March 1, Mr. Richards made a
purchase of P 25,000 on March 8, and another purchase
in the amount of P 10,000 on March 17. Determine the
average daily balance (ADB) of the current statement if
the next billing statement is on April 1.
a. P12,903.23
b. P21,000
c. P25,833.33
d. P30, 193.55
6. What is the present value of a debt of P 150,000 due in
11 months at 6% simple discount?
a. P 141,750
b. P126,500
c. P 98,365
d. P 79,125
Transcribed Image Text:4. Two employees, C and D, are to be compared based on their daily routine of work. Employee C can finish his job with an average of 1.35 hours and a standard deviation of 0.09 hour, whereas Employee D can finish the job with an average of 2.7 hours and a standard deviation of 0.04 hour. Who is the more consistent employee? a. Employee C b. Employee 5. Having a balance of P 6,000 in his previous billing statement posted on March 1, Mr. Richards made a purchase of P 25,000 on March 8, and another purchase in the amount of P 10,000 on March 17. Determine the average daily balance (ADB) of the current statement if the next billing statement is on April 1. a. P12,903.23 b. P21,000 c. P25,833.33 d. P30, 193.55 6. What is the present value of a debt of P 150,000 due in 11 months at 6% simple discount? a. P 141,750 b. P126,500 c. P 98,365 d. P 79,125
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