<u>Answer</u>:
<u>No</u>
Explanation:
Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value (minus 150,30).
Therefore, it cannot be concluded that mu(women) is higher than mu(men.
Answer:
A) the demand for peanuts is inelastic
Explanation:
Since in the question it is given that the price of peanuts is fall fro $3 to $2 per bushel which shows the decreased in price while at the same time the revenue received is also decreased from $16 to $14 that results in demand for peanuts is inelastic
As we know that
Inelastic = When elasticity is less than one
So in the given case since the price and revenue received is decrease therefore the demand is inelastic
Answer:
False
Explanation:
The balance of payments includes all the economic transactions that a country has with the rest of the world, including the balance or trade (exports of goods - imports of goods), balance of services (exports of services - imports of services), capital account (net change in a nation's assets and liabilities), and total unilateral transfers (money sent out f the country vs money sent into the country).
The balance of payments is a very important economic indicator.
Answer:
48,000
56,000
the unit of production method
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($300,000 - $20,000) / 10 = $28,000
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation in 2021 = 2/10 x $300,000 = $60,000
Book value in 2022 = $240,000
Depreciation in 2022 = 48,000
Unit of production = number of hours in 2022 / total number of hours) x (cost of asset -- savlage value)
Answer:
Focus Group Interview
Explanation:
The reason is that the focus group is a small number of people who have great influence over the behavior of the consumer because of their knowledge and informed decision making. This is also because they know what changes in the environment are prominent these days and what product price is best choice for the features that the customer is willing to purchase. So the group of people (who largely interact with the customers) who has influence over the decision making of the customer to buy a particular product is Focus Group Interview.
