If a random sample of 2 customers is selected, find the probability that the average waiting time is more than 6.0 min

Answers

Answer 1

The probability that the average waiting time of a random sample of 2 customers is more than 6.0 minutes is approximately 0.0043, or 0.43%.

To calculate the probability that the average waiting time of a random sample of 2 customers is more than 6.0 minutes,

Given:

Mean (μ) = 3.7 min

Standard deviation (σ) = 1.4 min

The average waiting time of a sample of 2 customers is the sum of the waiting times divided by 2. Let's define X as the average waiting time.

The mean of the sum is equal to the sum of the individual means, and the variance of the sum is equal to the sum of the individual variances. Since we are dealing with the average, we need to divide the variance by the sample size.

Mean of the sum = 2 * 3.7 = 7.4 min

Variance of the sum = 2 * ([tex]1.4^2[/tex]) = 3.92 [tex]min^2[/tex]

Variance of the average = (3.92) / 2 = 1.96 [tex]min^2[/tex]

Now, we can standardize the average waiting time using the z-score formula:

z = (X - μ) / (σ / √n)

In this case, X = 6.0 min, μ = 3.7 min, σ = 1.4 min, and n = 2.

z = (6.0 - 3.7) / (1.4 / √2)

z = 2.3 / (1.4 / √2)

z ≈ 2.602

Next, we need to find the probability that the standardized variable z is greater than 2.602.

Using a standard normal distribution table or calculator, we find that P(Z > 2.602) = 0.0043.

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The complete question is:

If a random sample of 2 customers is selected, find the probability that the average waiting time is more than 6.0 min. The waiting lime at a certain band is approximately normally distributed with a mean of 3.7 min and a standard deviation of 1.4 min.


Related Questions

Regarding the short-run cost model, the vertical distance between the average total cost (ATC) curve and the average variable cost (AVC) curve is: total cost (TC). average fixed cost (AFC). variable cost (VC). marginal cost (MC).

Answers

Answer:

average fixed cost (AFC).

Explanation:

The distance between the ATC and AVC curves refers to AFC. This is because the ATC value is found by adding the values of AFC and AVC, which shows that AFC is the path of these two other values.

The AFC corresponds to the total cost of production divided by the number of goods produced, it can also be found by adding all the variable costs and all the average costs.

Question Mode Multiple Choice Question As a young child, Gregory began demonstrating aggressive behavior. He would physically attack his siblings and peers, and often destroyed others' property. By middle school, Gregory had been suspended from school at least 10 times for theft, fighting, and disrespect toward his teachers. He started drinking at the age of 10 and graduated to cocaine by age 13. At age 15, he spent over 6 months in a residential treatment center after he stole a car and crashed it while under the influence. These characteristics indicate ______.

Answers

Answer:

disinhibition.

Explanation:

Name the THREE mountains located in the western hemisphere.

Answers

The three major mountain ranges of the US are the Appalachian Mountains, the Rocky Mountains, and the Sierra Nevada. The Rocky Mountains, commonly known as the Rockies, are a major mountain range in western United States.

Explanation:

Two ways by which people are related as family​

Answers

Well......
1. Obviously if your born into a family.
2. If you marry into a family.
3. If your adopted.
Hope this helps!

Answer:

QUESTION:

Two ways by which people are related as family​

ANSWER:

Here is three ways. But I know that you only need two so you can pick which ones that you wanna use.

~ Nuclear family: This is also known as the conjugal family or family of procreation.

~ Extended family: The extended family is the most common type of family in the world.

~ Joint family: Joint families are composed of sets of siblings, their spouses, and their dependent children.

Explanation:

I hope that this helps you out! :)  

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What did historian Tom Garner find in the Pensacola Bay area? Bead earrings Deer hides Piece of a jar from a Spanish colony Journals from early explorers

Answers

Piece of a jar is that better

duh i mean if this is history then don't you think it is about people against people like really

Frankl states that "man’s search for meaning is the primary motivation in his life and not a "secondary rationalization" of instinctual drives. This meaning is unique and specific in that it must and can be fulfilled by him alone; only then does it achieve a significance which will satisfy his own will to meaning." So, my question is do you think that man’s search for meaning can change over time if it "satisfy his own will to meaning?

Answers

" This mean-ing is unique & specific in th-at it mu-st & should be sati-sfied by him-self; only also do-es it attain a significance wh-ich will sati-sfy his own wi-ll to meaning."

There are many pens who contend that meanings & values are ‘ nothing but defense mechanisms, response conformations & sublimations. ’ But as for my-self, I would not be will-ing to live simply for the sake of my ‘ defense mechan-isms, ’ nor would I be re-ady to die simply for the sake of my ‘ response conformations. ’ Man, still, is suitable to live & indeed to die for the sake of his ideals & values! “

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Explain the difference between Earth's rotation and Earth's revolution​

Answers

The earths rotation could be known as a day or 24 hours and the earths revolution is known as a year or 365 days

I hope this helps!

Sample Response: Rotation occurs when an object spins about its own axis. Revolution occurs when one object moves around another object.

Explanation:

Adolescent egocentrism includes which of the following? (check all that apply)

A). Imaginary audience
B). Cautiousness
C). Personal fable
D). Reduced self-consciousness
E). Risk taking

Answers

The options A, C, and E are the ones that align with the concept of adolescent egocentrism.

Which of the following are components of adolescent egocentrism?

The options that are included in adolescent egocentrism are:

Imaginary audience Personal fableRisk taking

Explanation:

Adolescent egocentrism refers to a cognitive phenomenon where teenagers have a heightened self-focus and an altered perception of themselves and their social interactions. It involves several components, some of which are listed below:

Imaginary audience: This refers to the belief that one is constantly being watched, judged, or evaluated by others, even in situations where this may not be the case. Adolescents may feel self-conscious and believe that everyone is focused on their appearance, behavior, or actions.

Personal fable: The personal fable is a belief held by adolescents that they are unique, exceptional, and invulnerable. They may believe that their experiences and feelings are entirely unique, leading to a sense of being special or different from others. This can contribute to a sense of invincibility and a disregard for potential consequences.

Risk taking: Adolescents often engage in higher levels of risk-taking behavior compared to other age groups. This can include engaging in dangerous activities, experimenting with substances, or seeking out novel experiences. The sense of invincibility and the belief that negative consequences won't apply to them can contribute to increased risk-taking behavior during adolescence.

B) Cautiousness and D) Reduced self-consciousness are not typically considered components of adolescent egocentrism. Cautiousness generally involves being careful or hesitant, which is not a characteristic commonly associated with adolescent egocentrism.

Reduced self-consciousness, on the other hand, is not a typical characteristic of adolescence, as teenagers often experience heightened self-consciousness due to increased self-awareness and social evaluations.

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which therapy technique requires a patient to monitor multiple aspects of their daily functioning to aid in relief of symptoms?

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The therapy technique that requires a patient to monitor multiple aspects of their daily functioning to aid in the relief of symptoms is Cognitive Behavioral Therapy (CBT).

What is Cognitive Behavioral Therapy (CBT)?Cognitive Behavioral Therapy (CBT) is a short-term, problem-focused therapy method that has been proven to be effective in treating a wide range of mental health problems. The goal of CBT is to alter patterns of thought or behavior that underlie an individual's difficulties in order to assist them in adjusting their emotional responses and behaviors.

CBT therapists employ a number of strategies and techniques in their therapy sessions, one of which is monitoring one's daily functioning to aid in the relief of symptoms. A therapist may, for example, ask their patient to keep a diary or record of their mood, thoughts, and behaviors throughout the day and reflect on these experiences during subsequent therapy sessions. This helps the patient recognize patterns and negative thought processes that contribute to their problems, and work with the therapist to develop alternative and more adaptive ways of thinking and behaving.

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Irony is a useful tool in public speaking because it elicits a response of humor.

a. true
b. false

Answers

The statement that irony is a useful tool in public speaking because it elicits a response of humor is false.

Irony is a rhetorical device that involves saying the opposite of what is expected or expressing a meaning that is contrary to the literal interpretation of the words. While irony can sometimes be humorous, it is not exclusively used for eliciting laughter or humor in public speaking.

Irony can serve various purposes in communication, including creating emphasis, highlighting contradictions, conveying satire or criticism, or provoking thought and reflection. Its effectiveness depends on the context, audience, and the speaker's intent. In public speaking, irony can be employed to engage the audience, challenge assumptions, or convey a deeper meaning. Therefore, while irony can sometimes be humorous, it is not solely used for eliciting a response of humor in public speaking.

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hE iS aLwAys WaTcHiNg

Answers

Very scared. Scared of scary doggo.

Answer:

XD what the....

Explanation:

HELP ME CREATE A I AM POEM ITS DUE IN 15 MINUTES!
I WILL GIVE BRAINLIEST!!

Answers

Answer:

Explanation:

Hey just be you its your poem you got this ill give you some help though list you traits ok i be youll get a 90 -100

I am (your name)

I smile

I laugh

Im Joyful

I look up

I am proud

You continue with the rest

Answer:

i am marten king JR.

i am having a dream

i am beleiving in you to do it

i am seeing whats going on

i am trying to help

i am hearing all of the nasty things

iu am doing my best to help

Explanation:

Sandy and Will are the parents of two sons, William, age 15, and Thomas, age 14. The boys have to call one of their parents as soon as they get home from school, and they are not allowed to do anything but homework or reading until their parents get home. They are only allowed to socialize with teens whose parents are friends of Sandy and Will. They can attend school dances only when Sandy or Will chaperones. Sandy and Will are using which type of parenting strategy

Answers

Answer: Cocooning

Explanation:

Cocooning could be described as a method of training that revolve around protection from harm which is not really known, i.e a form of preventive measures taken in place to protect from the unknown. Sandy and Will are training their children with the method of Cocooning, where they limited their movement and activities around themselves, their parents.

If the government saw that consumer confidence was low, what step can it take to shift the AD to the right? Congress can pass tax cuts. The local government could cut social programs The Federal Reserve can increase interest rates O Government can decrease its spending

Answers

If the government saw that consumer confidence was low,Congress can pass tax cut when the government wanted to increase.

Buyer certainty implies that purchasers were excessively hopeful about the economy, One such step would be for Congress to curtail government expenditure rates, which would diminish extra cash and in this way decline customer spending.

Another step would be for the Central bank to increment financing costs, which would make getting more costly and subsequently decline venture and shopper spending. Also, the public authority could diminish its own spending, which would diminish in general interest in the economy.

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David's reassuring self-talk and breathing exercises represent his _______________ of the situation.

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David's reassuring self-talk and breathing exercises represent his primary appraisal of the situation. Thus, option A is correct.

The process by which a person evaluates and gives meaning to a situation or possible stressor is known as primary appraisal.

During the initial evaluation of an event, a person assesses its relevance to them and the potential influence it will have. This leads to a more comprehensive classification of the incident, which affects how a person responds to it both internally and publicly.

The evaluation of a situation's (possible) harmfulness is the focus of primary appraisal. Whether the person has the resources to successfully meet the demands of the scenario is the focus of secondary appraisal.

Therefore, option A is the ideal selection.

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Your question seems to be incomplete, but most probably the complete question was:

David's reassuring self-talk and breathing exercises represent his _______________ of the situation.

A. Primary appraisal

B. Secondary appraisal

C. Neither

A behaviorist, like John Watson, is LEAST likely to believe which of the following statements?
a. Our learning history powerfully influences our behaviors.
b. When it comes to collecting data, introspection is as valuable as behavior.
c. The mind is not amenable to scientific inquiry because it is not easily observed.
d. Children are a good source for data.

Answers

The statement that a behaviorist, like John Watson, is LEAST likely to believe among the given options is: When it comes to collecting data, introspection is as valuable as behavior. So, the correct option is B.

What is behaviorism?

Behaviorism is a theoretical approach that emphasizes observable behaviors and the relationships between them. This approach believes that behavior is shaped by environmental influences, particularly rewards and punishments that follow from specific behaviors.

The founder of the school of behaviorism was John Watson, an American psychologist who is credited with introducing the term behaviorism. Behaviorism focuses only on the observable and measurable aspects of behavior. It dismisses mental states such as feelings, desires, and motivations as unobservable, subjective, and ultimately not useful for explaining behavior.

Therefore, option B is the statement that a behaviorist, like John Watson, is LEAST likely to believe among the given options.

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QUESTION 8 Match the appropriate control chart to the application of where it should be used ✓ X and R Charts A. Applies to conditions where attribute type data is generated for poisson type data an

Answers

Control charts are statistical tools . To match the appropriate control chart to the application, the following matches can be made:

A. X and R Charts

B. XMR Charts

C. p Chart

D. u Chart

E. np Chart

F. X and S Charts

G. c Chart

Control charts are statistical tools used in quality control to monitor and analyze data to ensure processes are within acceptable limits. Each control chart is designed for specific types of data and sample characteristics.

A. X and R Charts: These charts are used for variable type data with a constant sample size within subgroups.

B. XMR Charts: These charts are suitable for variable type data with a fixed sample size and one subgroup representing the samples.

C. p Chart: This chart is used for attribute type data with a constant sample size within subgroups, specifically for binomial type data.

D. u Chart: This chart is applicable to variable type data with sample groups or subgroups that vary in sample size.

E. np Chart: This chart is used for attribute type data with sample groups or subgroups that vary in sample size, specifically for binomial type data.

F. X and S Charts: These charts are used for variable type data with a fixed sample size and multiple subgroups representing the samples.

G. c Chart: This chart is suitable for attribute type data with a constant sample size within subgroups, specifically for count type data.

These control charts help identify variations and patterns in the data, allowing organizations to make informed decisions and take corrective actions to improve quality.

For complete question

QUESTION 8 Match the appropriate control chart to the application of where it should be used ✓ X and R Charts

A. Applies to conditions where attribute type data is generated for poisson type data and have sample groups or subgroups that have a constant sample size within each subgroup ✓XMR Charts ✓ X and S Charts

B. Applies to conditions where variable type data is generated for a fixed sample size where the number of subgroups representing the samples is one - ✓p Chart

C. Applies to conditions where attribute type data is generated for binomial type data and have sample groups or subgroups that vary in sample size ✓np Chart ✓c Chart

D. Applies to conditions where variable type data is generated for a for sample group or subgroups that vary in sample size ✓u Chart

E. Applies to conditions where attribute type data is generated for poisson type data and have sample groups or subgroups that vary in sample size within each subgroup

F. Applies to conditions where variable type data is generated for a fixed sample size where the number of subgroups representing the samples is greater than one

G.Applies to conditions where attribute type data is generated for binomial type data and have sample groups or subgroups that have a constant sample size within each subgroup

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Which of the Following is a Sacrament in the Catholic Church
a. death
b. birth
c. communion
d. resurrections

Answers

Answer:

The correct answer is Choice A.

(death)

Explanation:

Hope this helps!

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Describe at least two examples of responsible and appropriate wildlife viewing practices that a tour operator should implement, in order to avoid negatively impacting the animals and their habitats. Suggest two distinctive approaches. Please use two examples that have different/distinctive approaches

Answers

The term "wildlife" originally referred to undomesticated animal species, but it has since expanded to encompass any plants, fungi, and other living things that are native to a place and have not been introduced by people.

Wildlife is a collective term for a population of local or indigenous creatures. Wildlife is important because it keeps the natural components in balance and ensures the survival of food chains. A sizable gene pool is provided by wildlife. It helps with species conservation in a given area.

Wildlife originally referred to undomesticated animal species, but it has now expanded to include all living things that develop naturally or exist in the wild without human intervention. Game, which included the birds and mammals that were shot for sport, was sometimes referred to as wildlife. There is wildlife in every habitat.

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Identify the four major regions found in Europe and briefly explain each one. (Site 1)

Answers

Western Uplands, North European Plain, Central Uplands, and Alpine Mountains.

which type of psychologist might investigate why people continue to smoke or eat high fat and processed food despite knowing the potential adverse health implications of such behaviors?

Answers

The type of psychologist who might investigate why people continue to smoke or eat high fat and processed food despite knowing the potential adverse health implications of such behaviors is a health psychologist.

Health psychology is a subfield of psychology that focuses on how psychological factors affect health and illness. Health psychologists study how people’s thoughts, emotions, and behaviors influence their physical health and well-being.There are several reasons why people continue to smoke or eat high-fat and processed foods even when they know the health implications of these behaviors. One of the reasons might be the addictive nature of these substances. Nicotine is addictive, and so is sugar and processed foods. Health psychologists are interested in studying these addictions to help people break free from them.Health psychologists conduct research to identify the psychological, social, and environmental factors that contribute to unhealthy behaviors. They also develop interventions that help people change their behavior and adopt healthier habits. Health psychologists work in a variety of settings, including hospitals, clinics, universities, and government agencies. They collaborate with other health professionals, such as doctors and nurses, to provide comprehensive health care to patients.

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Explain how the ability to manage intrapersonal conflict may help you deal better with interpersonal conflict amongst your friends​

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The ability to manage intrapersonal conflict may help you deal better with interpersonal conflict amongst your friends​ because you will have the character to understand what the situation is, will be able to comprehend the nature of the problem, knowing what was your responsibility and was whatnot, and try to have an open line of communication to discuss teh situation not to win an argument but to get to a mutual understanding with the other person and resolve the issue in an amicable way.

Let's remember that interpersonal conflict is the kind of conflict we have with another individual or other persons. Do not confuse it with another similar term; intrapersonal conflict. This intrapersonal conflict means internal conflicts with yourself.

Sampling method is commonly used to pretest a questionnaire? a. stratification b. quota c. snowball d. purposive

Answers

The most appropriate answer is d. purposive Sampling method is commonly used to pretest a questionnaire

What is Purposive sampling

Purposive sampling is commonly used to pretest a questionnaire. In purposive sampling, individuals are deliberately selected based on specific criteria that align with the research objectives.

For pretesting a questionnaire, researchers may select individuals who possess the desired characteristics, such as knowledge of the topic or experience with the subject matter.

Purposive sampling allows researchers to gather valuable feedback on the questionnaire's clarity, relevance, and effectiveness before conducting the actual study.

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which theory views crime as the outcome of an imbalance between impulses toward criminal activity and the social or physical controls that deter it?

Answers

The theory that views crime as the result of an imbalance between impulses toward criminal activity and the social or physical controls that deter it is the social control theory.

According to this theory, individuals with weak social ties to conventional individuals and institutions are more likely to engage in criminal activity. The theory assumes that people are motivated to engage in crime and that they would do so if they were not prevented by social controls. This theory believes that people are not inherently good or bad, but rather are influenced by their environment.

The lack of social control can create an environment that is conducive to criminal activity. Social control theory states that socialization is the process by which people learn the norms, values, and beliefs of their culture. Individuals who have been socialized effectively are more likely to conform to social norms and to avoid criminal behavior. In conclusion, the social control theory views crime as the outcome of an imbalance between impulses toward criminal activity and the social or physical controls that deter it.

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How does each society determine who will consume what is produced ?

Answers

Answer:

its unique combination of social values and goals. Households own the factors of production and consume goods and services.

Explanation

*NO COPY RIGHT OR PLAGIRISM*

women were pre-occupied with body consciousness and the fitness craze as represented by ___________________.

Answers

Women were pre-occupied with body consciousness and the fitness craze as represented by the rise of fitness magazines, diet programs, and the popularity of exercise equipment.

During certain periods, women's preoccupation with body consciousness and the fitness craze has been reflected in various cultural phenomena. One of these manifestations is the rise of fitness magazines that promote exercise routines, healthy lifestyles, and beauty ideals. These publications provide guidance on workouts, nutrition, and overall wellness, catering to women's desire for a fit and attractive physique.

Additionally, diet programs have gained popularity as women sought to achieve their desired body shapes. These programs often focus on specific dietary guidelines and weight loss strategies to meet societal standards of beauty and fitness.

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Why did the students think it was important to include item #12 in their constitution?

Answers

They thought that next year's club members would want to create their own constitution.
They felt it would allow them to deal with any important issues that were not already mentioned in the constitution.

Which enlightenment philosopher is most closely associated with the idea that governments have the responsibility to guard life , liberty and property?

Answers

Answer:

Philosopher John Locke

Explanation:

John Locke wrote about the idea of natural rights which included the right to life, liberty, and property.

The writing Two Treatises of Government outlined Locke's philosophy on the role of government.

Do the Tigris and the Euphrates both run through Iraq ?

Answers

Answer:

yes

Explanation:

Do you think President Wilson was satisfied with the Treaty of Versailles and how it was created?

Answers

I don’t think he was satisfied, Wilson tried arguing that he believed that the people in power should be punished, but not the entire country to suffer. His 14 points prove that. I think it was with a meeting with Britain and France I am unsure but here are some sources


https://www.historylearningsite.co.uk/modern-world-history-1918-to-1980/the-treaty-of-versailles/woodrow-wilson/

https://www.britannica.com/event/Treaty-of-Versailles-1919
Hope this helps!

President Wilson was not entirely satisfied with the Treaty of Versailles and how it was created. While he saw it as a necessary step towards creating a more peaceful world, he felt that it did not fully reflect his vision for a more just and equitable international system, and that compromises made during the negotiations weakened the treaty's effectiveness.

What was the Treaty of Versailles?

The Treaty of Versailles was a peace treaty signed on June 28, 1919, that officially ended World War I. The treaty was negotiated and signed by representatives of the Allied powers, including the United States, Britain, France, and Italy, and imposed harsh penalties on Germany, including territorial losses, military restrictions, and financial reparations.

The treaty also established the League of Nations, an international organization aimed at preventing future conflicts through collective security and diplomatic cooperation.

The Treaty of Versailles was highly controversial and widely criticized, both for the severity of the terms imposed on Germany and for the ways in which it failed to address the underlying causes of the war, contributing to rising tensions and the outbreak of World War II just a few decades later.

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Dilations-He Said, She Said (12/10) c. Suppose the firm with the 20 percent market share announces a planto buy one of the firms with a 5 percent market share. Is the U.S.Department of Justice likely to challenge the merger? Why or whynot? in HIJ the measure of J=90 feet, JH=81 feet, HI=9 feet. Find the measure of I to the nearest degree. (Please answer how you got this answer) How many solutions does the system have?You can use the interactive graph below to find the answer.\begin{cases} x+2y=2 \\\\ 2x+4y=-8 \end{cases} x+2y=22x+4y=8 Choose 1 answer:Choose 1 answer:(Choice A)AExactly one solution(Choice B)BNo solutions(Choice C)CInfinitely many solutions How many solutions does the system have? x+2y=22x+4y=8 Automobile industry French carmaker Renault rallied following news that it was expanding its collaboration with US chipmakers Qualcomm. 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No downloadable links or files, I will mark brainliest. It is not the 3rd option. help please! :)) ill do whatever it is that gets you guys points!!! please help! We run a terminating simulation 20 replications to estimate the average throughput of a manufacturing system. Suppose that the observed throughputs from these 20 replications are 4, 5, 7, 5, 8, 7, 5, 9, 10, 5, 6, 7, 2, 11, 6, 3, 2, 11, 10, 7. a. (0.1 point) What is the 99% t-confidence interval for the mean throughput if you wew victor at this point ofr the story what would your next move be Choose the correct word(s) in parentheses to complete Zoes comments about her cousins wedding.1. Hace dos das mi prima Eulalia y su novio Javier (se casaron / se llevaron bien) en SanAntonio, Texas.se casaronse llevaron bien2. La ceremonia fue en una iglesia (mayor / antigua).mayorantigua3. Ahora no (felicito / recuerdo) de qu ao es la iglesia, pero s que tiene ms de 200 aos.felicitorecuerdo4. En la boda (haba / naca) muchas personas.habanaca5. Todos los parientes (charlaban / recordaban) con los novios.charlabanrecordaban6. Todos les decan (Felicidades! / Sorpresa!) a Ximena y Javier.Felicidades!Sorpresa!7. Nunca estuve en (un desfile / una reunin) familiar tan grande.un desfileuna reunin8. El mejor momento fue cuando vi unos (mayores / fuegos artificiales) impresionantes.mayoresfuegos artificiales Saraya Inc. provides its employees two weeks of paid vacation per year. As of December 31,65 employees have se average weekly salary for these employees is 475, what is the required journal entry at the end of the year? A. Debit Salaries and Wages Expense for 123,500 and credit Salaries and Wages Payable for 125.500 B. Debit Salaries and Wages Expense for 61,750 and credit Salaries and Wages Payable for 81,750 C. Debit Salaries and Wages Payable for 123,000 and credit Salaries and Wages Expense for 125,000 D. No entry is required brief comparison of the the behavioral implementation of a multiplexer described in the background section with the multiplexer you described in the previous lab using structural and dataflow. 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a 6% coupon, semiannual payment ($30 payment every 6 months). the bonds currently sell for $822.87. if the firm's marginal tax rate is 25%, what is the firm's after-tax cost of debt? do not round intermediate calculations. round your answer to two decimal places. Tsangoni CC is a company which manufactures, sells and services mountain bikes in Cape Town, South Africa. The financial director of the company, Ingiphile, is struggling with the preparation of the financial statements for the year ended 31 August 2021 and has asked for your assistance.Bicycle frames:Tsangoni CC imports the majority of its bicycles and the parts required for maintenance from Europe. On 1 February 2021, an order for the shipment of bicycle frames was placed by Ingiphile. The terms of the order were as follows:Date of order 1/2/2021Supplier Sensa Bicycles Ltd (Netherlands)Customer Tsangoni CCProduct 10 "Sensa Romagna" framesShipping date 1/3/2021Price R5 000 per framePayment terms Full payment to be made on 1/3/2022Shipping terms FOB shipping pointThe shipment was made on 1 March 2021, and the inventory was received on 27 May 2021.A fair interest rate of 12% applies.Property, Plant and Equipment (PPE):PPE is comprised of two assets: a servicing machine and a delivery vehicle.Tsangoni CC purchased the servicing machine for the servicing of bicycles for R110 000 on 1 September 2019. Ingiphile felt that the consumption of future economic benefits would be best represented by the number of bicycles it serviced, which was estimated to be 750 bicycles. The servicing machine serviced 34 bicycles from 1 September 2019 to 31 August 2020 (the previous financial year) and 43 bicycles from 1 September 2020 to 31 August 2021 (the current financial year). The machine could be sold at the end of its useful life for R4 000Tsangoni CC purchased the delivery vehicle for R120 000 on 1 October 2020. Ingiphile estimated the useful life to be 5years. The vehicle can be sold at the end of its useful life for R12 000 if costs of R2 000 are incurred to have it serviced.1.1Discuss when and at what amount the bicycle frames should be initially recorded in the financial statements of Tsangoni CC. You should apply the relevant definition and recognition criteria as per the Conceptual Framework in your discussion. what building category is for structures that generally are not occupied but require construction permits? What do you think is the most difficult task of being a composer? Why?