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egoroff_w [7]
2 years ago
9

Determine whether the statement describes a descriptive or inferential statistic. a recent poll of 2707 home owners in michigan

showed that the average price of a house in the u.s. is $265,000.
Business
1 answer:
jolli1 [7]2 years ago
4 0

The average price of a house in the u.s. is $265,000. this statement describes an Inferential Statistic.

Statistical inference is the technique of using information analysis to infer houses of an underlying distribution of possibility. Inferential statistical evaluation infers homes of a population, for instance by trying out hypotheses and deriving estimates.

Inferential facts are regularly used to evaluate the differences between the remedy businesses. Inferential facts use measurements from the pattern of topics within the test to evaluate the treatment organizations and make generalizations approximately the bigger population of subjects. inferential statistics are used to decide if there's a good-sized distinction between the method of businesses and the way they're associated. T-tests are used while the facts sets comply with a regular distribution and have unknown variances, just like the records set recorded from flipping a coin one hundred instances.

Learn more about Inferential statistics here:-brainly.com/question/14048601

#SPJ4

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A large corporation that runs nursing homes estimates that changes to Medicare will result in lower payments by Medicare to nurs
astra-53 [7]

Answer:

Should not

Explanation:

From the question, marginal cost exceeds the marginal benefit to be derived from the addition of beds.

Thus MC > MB

This means that it will cost the Corporation more to expand the number of beds than the benefits that they will derive from adding this feature. This shows that they are better off avoiding the addition of beds as this would make them to run at a loss. Hence, they should not offer additional beds.

3 0
4 years ago
An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" -
kkurt [141]

Complete Question:

An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under NASAA rules, the investment adviser:

I. is deemed to have taken custody of the customer's funds

II. has not taken custody of the customer's funds

III. must keep a record of the check received

IV. is not required to keep a record of the check received

A. I and III

B. I and IV

C. II and III

D. II and IV

Answer:

C. II and III

Explanation:

In this scenario, an investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under North American Securities Administrators Association (NASAA) rules, the investment adviser has not taken custody of the customer's funds and must keep a record of the check received.

<em>According to NASAA rules, if an investment adviser inadvertently receives a check made out to a third party like it was made out to the "Jones Cleaning Service" in error, provided that the investment adviser mails the check to the third party (customer) within 3 business-working days, then the adviser has not taken custody of the customer's funds. Also, it is required that the investment adviser must keep a record of the check received. </em>

5 0
3 years ago
If a c corporation is formed on January 1, 2013 what date can it be incorporated?
zhenek [66]

Answer:

The C Corporation was incorporated on January 1 of 2013.

Explanation:

A corporation is a legal entity that constitutes a body to the eyes of the law. it is formed to run a particular business and has as main characteristic the Limited Liability of their owners.  

Incorporation is the legal process needed to be followed in order to create a corporation. Thus. If C corporation was formed on January 1, 2013. The Incorporation day is the same January 1, 2013.

8 0
3 years ago
The purpose of the Uniform Franchise Offering Circular is to
goldfiish [28.3K]
I think it’s b it is the most right played out
5 0
3 years ago
Calculate the consumer surplus in the market for gasoline if the market price is $3.50. Price ($ per gallon) Quantity of gasolin
olya-2409 [2.1K]

Answer:

The consumer surplus in the market for gasoline is $250 million

Explanation:

Consuemr Surplus

It is the difference between the consumer is willing to pay for the commodity and the actual market price.

The consumer surplus can be calculated as follow

Consumer Surplus = 0.50 x ( Maximum Price - Market Price ) x Quantity  

Where

Maximum Price = $6.00

Market Price = $3.50

Quantity = 200 million gallons

Placing values in the formula

Consumer Surplus = 0.50 x ( $6.00 - $3.50 ) x 200

Consumer Surplus = $250 million

Note: The graph in the question was missing, it is attached for your reference.

6 0
3 years ago
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