Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Decision making using decision tree diagram. 

A study of accounts receivable at A & W Department stores are either current, one month overdue, two months overdue, written off as bad debt or paid in full.  Of those that are current, 80 percent are paid that month and the rest become one month overdue.  Of one month overdue bills, 90 percent are paid and the rest become two months overdue.  85 out of those that are two months overdue will get paid or be considered as bad debt.

If the sales are $150,000 per month, conclude how much the company can expect to receive of this amount.  How much would become bad debt?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M919768

Have any Question? 


Related Questions in Statistics and Probability

1 umu stat club is sending a delegate of 2 members to

1. UMU Stat Club is sending a delegate of 2 members to attend the 2015 Joint Statistical Meeting in Seattle. There are 10 qualified candidates. How many different ways can the delegate be selected? 2 . Imagine you are in ...

Research project - project title - an investigation into

Research Project - Project Title - An investigation into the under-filling of tuna cans and the demand for a new product. Cans are airtight containers which preserve processed food. These are mostly easy to cook food ite ...

You are given a member function of a random process

You are given a member function of a random process as   where the amplitude is in volts. Quantize the amplitude o    to 21 levels with the intervals ranging from 10.5 to 10.5 in 1-volt steps. Consider 100 periods of   a ...

A certain random process is created as a sum of a large

A certain random process is created as a sum of a large number, , of sinusoids with random frequencies and random phases, where the random phases θ K  are IID and uniformly distributed over   and the random frequencies a ...

Worldview analysis essayfor this assignment you will write

Worldview Analysis Essay For this assignment, you will write a 2-3-page essay (double-spaced, 1-inch margins) providing examples of how some facet of "process philosophy" has impacted American government and/or society. ...

Consider a sequence of iid random variablesnbspnbspeach

Consider a sequence of IID random variables   each with CDF   This sequence clearly converges in distribution since    Show that this sequence does not converge in any other sense and therefore convergence in distributio ...

Case analysis report - data presentationpractical

Case Analysis Report - Data Presentation Practical Application Scenario As a result of recent campus safety concerns, you have been engaged by campus security team leaders to gather and analyze data about on-campus crime ...

Suppose we are allowed to observe a random process z t t at

Suppose we are allowed to observe a random process Z (t) t at two points in time, and t 0  and    Based on those observations we would like to estimateZ (t) at time where    We can view this as an interpolation problem. ...

What factors affect the generalizability of findings from a

What factors affect the generalizability of findings from a particular test? Describe the relationship between the cut score and the selection ratio in two pages.

Let wnnbspbe an iid sequence of zero-mean gaussian random

Let W n  be an IID sequence of zero-mean Gaussian random variables with variance    Define a discrete-time random process   where   is a constant. (a) Find the mean function  (b) Find the autocorrelation function,

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate