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egoroff_w [7]
1 year 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]1 year 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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You met Tevin on a social media website. He was a personable, effective communicator. While online, he asked for a donation to a
stiv31 [10]

Answer:

The component of competent communication that Tevin is missing is ethics.

Explanation:

Competent communication is about communicating in a form that is effective and adequate in a specific situation and the are five components which are: self-awareness, adaptability, empathy, cognitive complexity and ethics. In this case, the answer is ethics because it is about being able to communicate in a form that shows a good behavior avoiding taking advantage of the other person and Tevin committed fraud which is not ethic.

5 0
2 years ago
Is CNC a type of machine?
Dominik [7]

Answer:

Yes, CNC machinery.

6 0
3 years ago
True or false: gross domestic product (gdp) cannot be used to measure the economy’s income. true
frozen [14]

The answer in the given statement above is false because Gross Domestic Product has the capability of providing measurement when it comes to the economy’s income. It measures the goods that are produced and the services that are given in the course of one year where in it is concluded that it has the capability of measuring the economy’s income.

5 0
3 years ago
At the beginning of 2021, Artichoke Academy reported a balance in common stock of $150,000 and a balance in retained earnings of
matrenka [14]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.  

The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:

4 0
3 years ago
1. At December 1, 2022, Swifty Corporation Accounts Receivable balance was $12770. During December, Swifty had credit sales of $
sesenic [268]

Answer:

1.

d. $19610 debit

Option D is the correct answer.

2.

Cash                         1480 Debit

    Service Revenue      1480 Credit

Explanation:

1.

The balance in the accounts receivable account can be calculated as follows,

Closing Balance = Opening balance  +  Credit sales  -  Cash Received from Accounts Receivable

Closing Balance of Accounts receivable at 31 December 2022 will be,

Closing Balance = 12770 +  34200 - 27360

Closing Balance = $19610 debit

The balance is debit because accounts receivables is an asset and the normal balance for asset account is debit.

2.

The entry to record the transaction is made in the answer part.

6 0
2 years ago
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