You own a company that employs three salespeople, quentin, michael and bubba. quentin makes 30% of the sales, michael 45%, and bubba 25%. while they are all competent, they do not enjoy completing the paperwork on their sales as required by the sec. of the sales quentin makes, he completes paperwork 90% of the time. when michael makes a sale, he completes the paperwork 80% of the time. when bubba makes a sale, he completes paperwork 85% of the time. you were recently fined by the sec for this reason, and have instituted tough new policies on this manner. however, you recently selected a file at random and found that the paper work was not in order. who is the most likely culprit?

Michael

Step-by-step explanation:

Look at the table below:

The probability of selecting a sale that was made by Quentin is .30, by Michael is .45 and by Bubba is .25.

Since Quentin completes paperwork 90% of the time, he doesn't complete paperwork 10% of the time, following this reasoning we can say that Michael doesn't complete paperwork 20% of the time and Bubba doesn't complete paperwork 15% of the time.

The probability of selecting a file and that it belongs to Quentin AND is incomplete is:

(Probability of selecting a Quentin's file) x (Probability is a Quentin incomplete file) = (0.30)(0.10) = 0.03

Using this same method we have that the probability that it belongs to Michael and is incomplete is (.45)(.20) = 0.09

That it belongs to Bubba and it's incomplete is (0.25)(0.15) = 0.037

The highest of these probabilities is the one that corresponds to Michael: 0.09, therefore he is the most likely culprit.

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

vwhat effect does the word head have on the meaning of this passage?

a. it demonstrates how intelligent he was.

b. it shows he was a favorite of the teachers.

c. it indicates he would be a good preacher.

d. it reveals how self-important he was.

how does the choice of the word head contribute to the passage’s tone?

a. it offers a sense of entitlement.

step-by-step explanation: