(Answered) Assuming a 90 progress payment rate a small business has

Statistics

Assuming a 90% progress payment rate, a small business has completed 70% of the total work on a one million dollar government contract. What is the dollar amount that total cumulative progress payments to date should NOT have exceeded?

$400,000
$630,000
$525,000
$330,000

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92576489
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Candidate as pollster conducted a survey in which 460 out

Candidate A's pollster conducted a survey in which 460 out of 720 respondents indicated they would probably vote for Candidate A. Compute the confidence interval for the population. This is the question that I'm stuck on ...

In 1896 the first us open golfnbspchampionship was held the

In 1896, the first U.S. Open Golf Championship was held. The winner's prize money was $160. In 2012, the winner's check was $1,360,000. Requirement 1: What was the annual percentage increase in the winner's check over th ...

Shelton inc has the following capital structure its

Shelton Inc has the following capital structure. Its corporate tax rate is 40%. Security Market Value Required Rate of Return Debt $10million 2%Preferred stock 20million 4 Common stock 50million 8 What is its WACC?

Most graduate schools of business require applicants for

Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Management Admission Test. Scores on the GMAT are roughly normally distribute with a mean of 527 and a standard deviation ...

A company designs a new laptop computer and wants to

A company designs a new laptop computer and wants to investigate customers' preferences with respect to three select laptop features. The features are Price (High vs. low) Processor Speed (Low vs. medium vs. high) Weight ...

Question 387 women receiving free bone mineral density

Question: 387 women receiving free bone mineral density screenings were questioned. The questions focused on past smoking history. Sujbects undergoing hormone replacement therapy (HRT), and subjects not undergoing HRT, w ...

Assume a normal distribution for n 300 how many cases

Assume a normal distribution for N = 300. How many cases would one expect to find between +1 and -1 standard deviations around the mean?

List three ways organizations provide context for their

List three ways organizations provide context for their financial ratios, in other words what is the basis of on which they compare their results?

It has been a bad day for the stock market and you have

It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...

Staples has six special drafting pencils for sale two of

Staples has six special drafting pencils for sale, two of which are defective. A student buys two of these six drafting pencils, selected at random. Let the random variable X be the number of defective pencils. Construct ...

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

Recent Questions

Ask Statistics and Probability Expert