Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

You are to design/build a spreadsheet model to help you create a bid to build a wall. You will offer two options:1)Lava Rock, or 2) Brick. Both walls will be built by crews of two. Crews will work three eight-hour days to build either type of wall.

The wall will be 20 feet long, 6 feet tall and 2 feet thick. Wages will be $10 per hour per person. You will have to add %20 to wages to cover fringe benefits. Lava Rock will cost $3 per cubic foot. Brick will cost $2 per cubic foot. Your bid must add a profit margin of 30% to your expected cost.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91416306
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

You have a bag with three fair dice one is 4-sided one is

You have a bag with three fair dice. One is 4-sided, one is 6-sided, and one is 12-sided. You reach into the bag, pick one die at random, and roll it. The outcome of the roll is 4. What is the probability that you rolled ...

Iq test scores of students are normally distributed with

IQ test scores of students are normally distributed with mean μ=100 and standard deviation σ=10. What is the 33th percentile of the IQ scores? For a randomly chosen student, what is the probability that his or her IQ sco ...

What do we mean by financial intelligence how to assess a

What do we mean by financial intelligence? How to assess a company's health? Use the plain language to define operating experience, capital expenditure, accruals, depreciation, and goodwill. Describe differences between ...

What are the minimum first quartile median third quartile

What are the minimum, first quartile, median, third quartile, maximum, interquartile range, and range of the data set below? Make a box-and- whisker plot. 25, 25, 30, 35, 45, 45, 50, 55, 60, 60

Follow up -lock box systems or regional collection

Follow Up -Lock Box Systems or Regional Collection Centers One way a business can speed up collections is Lock Box Systems or Regional Collection Centers. Explain how these can be used to speed up collections.

An important part of the customer service responsibilities

An important part of the customer service responsibilities of a cable company relates to the speed with which trouble in service can be repaired. Historically, the data show that the likelihood is 0.75 that troubles in a ...

What percent of the measurements are found below the 30th

What percent of the measurements are found below the 30th percentile? Found above the 30th percentile? For the regression line y^ = 3x + 2 what is the best predicted value if x is 7? Assume that male and female births ar ...

What is correct alternative hypothesis for the claim that

What is correct alternative hypothesis for the claim that the average professional basketball player is at least 6' 9" tall. And Answer "True" if the statement is always true. If the statement is not always true, replace ...

David barnes and his fianceacutee valerie shah are visiting

David Barnes and his fiancée Valerie Shah are visiting Hawaii. There are 38 guests registered for orientation. It is announced that 20 randomly selected registered guests will receive a free lesson of the Tahitian dance. ...

An independent measures study with n 6 in each sample

An independent measures study with n = 6 in each sample, produces a sample mean difference of 4 points and a pooled variance of 12. What is the value for the t statistic?

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As