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LekaFEV [45]
1 year ago
12

A survey of pet owners found that on average, they spend $1,225 annually per pet, with a standard deviation of $275. between whi

ch two amounts would you expect 95% of the survey’s respondents to spend annually per pet if the sample is approximately normal and comes from a normally distributed population?
Business
1 answer:
Alla [95]1 year ago
5 0

Based on the sample being normal, 95% of the survey's respondents will fall within $675 and $1,775.

<h3>Where will 95% of the respondents fall?</h3>

A 95% interval has a z value of 1.96.

The confidence interval would be:

= Sample mean ± z x (Standard deviation / √sample)

= 1,225 + 1.96 x (275 / √1)

= $1,764

= 1,225 - 1.96 x (275 / √1)

= $686

The closest figures from the options are $675 and $1,775.

Options for this question include:

  • $675 and $1,500
  • $675 and $1,775
  • $950 and $1,500
  • $950 and $1,775

Find out more on 95% confidence intervals at brainly.com/question/16974109.

#SPJ1

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Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the co
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Answer:

The options for this question are the following:

a. Star

b. Cash Cow

c. Question Mark

d. Dog

e. None of these

The correct answer is b. Cash Cow .

Explanation:

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6 0
3 years ago
As little as _______ percent of privately owned businesses ever move from the start-up stage to the success stage.
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The answer is D: 6% of these businesses
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Hershey has traditionally made its Kisses from solid milk chocolate. When Hershey came out with Kisses with almonds in them, thi
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Answer:

Continuous Innovation.

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This is simply known go be continuous improvement which explained as development to produce a positive result over time.

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Continuous innovation seeks not to just fulfill expectations but also create products and services that provide only imagined functions or even entirely unexpected revolutionary changes.

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You are considering a stock that is expected to pay dividends during the next five years of $0.50, $0,52, $0,54, $0,56 and $0.58
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Answer:

9.7%

Explanation:

The rate of return can be determined using a financial calculator

Cash flow in year 0 = -65

Cash flow in year 1 = $0.50

Cash flow in year 2 = $0.52

Cash flow in year 3 = $0.54

Cash flow in year 4 = $0.56

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To find the rate of return using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

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