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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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At December 31​ year-end, Cushion Corporation has a $9,000 note receivable from a customer. Interest of 4​% has accrued for 10 m
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Answer:

The financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

Explanation:

Calculation for what Cushion's financial statements report for this situation at December​ 31

Based on the information given we were told that the Corporation has the amount of $9,000 as note receivable from a customer with an Interest of 4​% which has accrued for 10 months on the note which mean that the financial statements will report will report the note receivable of the amount of $9,000 and interest receivable of the amount of $300 at December 31 ​ which was calculated as :

Interest receivable =$9,000×0.04×10/12

Interest receivable =$300

Therefore the financial statement will report the note receivable of the amount of $9,000 and interest receivable of $300

8 0
3 years ago
Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase its dividend by $0.25 in each of the following th
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Answer:

Present value = $9.7150 rounded off to $9.72

Explanation:

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Present value = D1 / (1+r)  +  D2 / (1+r)^2  +  D3 / (1+r)^3  +  D4 / (1+r)^4

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Present value = 3 / (1+0.14)  +  (3+0.25) / (1+0.14)^2  +  

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Present value = $9.7150 rounded off to $9.72

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