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neonofarm [45]
2 years ago
15

If the true mean is .9350 with a standard deviation of 0.0090, within what interval will 90 percent of the sample means fall? (r

ound your answers to 4 decimal places.)
Business
1 answer:
Tpy6a [65]2 years ago
4 0

μ = 183, σ = 20, n = 50. (Round your answers to 2 decimal places.)If the true mean is .9350 with a standard deviation of 0.0090

<h3>What is standard deviation?</h3>

The standard deviation is a statistic that expresses how much variance or dispersion there is in a group of numbers. While a high standard deviation suggests that the values are dispersed over a wider range, a low standard deviation suggests that the values tend to be close to the mean (also known as the anticipated value) of the collection.

The lower case Greek letter (sigma), for the population standard deviation, or the Latin symbol s, for the sample standard deviation, are most frequently used in mathematical texts and equations to indicate standard deviation. Standard deviation may be written as SD.

A random variable, sample, statistical population, data set, or probability distribution's standard deviation is equal to the square root of its variance.

To learn more about standard deviation from the given link:

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Connie, a single mother and home-business entrepreneur, enjoys running her own business. However, because she is busy balancing
VladimirAG [237]

Connie can best be described as Solo Operator type of entrepreneur.

Explanation:

Connie is a single mother who works from home on her small business which is her primary source of income but is ridden by the work of house and work which makes her unable to expand her business as she cannot invest enough time in it.

This is happening because she is a sole operator as in she has to take all the decisions and do all the work by herself with no additional help from anyone else whatsoever in the family or the work front either.

7 0
3 years ago
Nissan’s all-electric car, the Leaf, has a base price of $32,780 in the United States, but it is eligible for a $7500 federal ta
katen-ka-za [31]

Answer:

Nissan's all-electric car, the Leaf

PV cost of Leaf Purchase =   $16,529

PV cost of Leasing =             $12,944.78

The company should lease the car.

Explanation:

a) Costs incurred to purchase the Leaf:

Base price                    $32,780

less Federal tax credit ($7,500)

Charging station             2,200

less 50% tax credit         (1,100)

Cash paid                  $26,380

Sales value after 3 yrs (9,851) ( $26,380 - 40% of base discounted to PV)

Net PV Investment    $16,529

b) Calculation of Discounted Present Values of Payments under Leasing, using online financial calculator:

PV (Present Value) $12,944.78

N (Number of Periods) 3.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment)   $4,200.00

Starting Investment $2,500.00

Total Principal $15,100.00

Total Interest $2,129.50

c) The purchase of the Leaf would involve a present value cost of $26,380 after deducting all the savings from tax.  The 40% sales value of the car at the end of 3 years = $13,112 ($32,780 x 40%).  When this sales value is discounted to PV of $9,851, the PV of the car investments becomes $16,529 ($26,380 - $9,851).  On the other hand, leasing will cost in PV the sum of $12,944.78

.

6 0
3 years ago
Research suggests that up to ___________ of manufacturing firms are using some form of lean in their business.
lisov135 [29]
<span>Up to ninety percent of businesses are using some type of lean processing. This allows them to maintain productivity with minimal staff and overhead. This has become more important as labor costs continue to rise.</span>
7 0
4 years ago
he following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal o
maxonik [38]

Answer:

Explanation:

1) Total direct costs for the Apparel Department $128750:

Total Direct costs of Apparel Department  

Apparel Department cost of sales - Evendale store $105,600

Apparel Department sales commission - Evendale store $11,350

Apparel Department manager's salary - Evendale store $11,800

Direct costs  $128,750

2) Total direct costs for the Evendale Department $173,800:

Apparel Department cost of sales - Evendale store $105,600

Store manager's salary - Evendale store $12,300

Apparel Department sales commission - Evendale store $11,350

Store utilities - Evendale store $19,200

Apparel Department manager's salary - Evendale store $11,800

Janitorial cost - Evendale store $13,550

Direct costs - Evendale store $173,800

3) Total direct costs for the Apparel Department that are also variable costs- $116950 :

Apparel Department cost of sales - Evendale store $105,600

Apparel Department sales commission - Evendale store $11,350

Direct variable costs - Apparel Department $116,950

4 0
3 years ago
What is a negative outcome of E-commerce? E-commerce allows convenient methods to pay online. However, there is a risk of ____ .
eimsori [14]

The negative impacts of E-commerce includes privacy, security,price wars, returns of products and Complaints. E-commerce allows convenient methods to pay online. However, there is a risk of Security.

<u>Explanation:</u>

There are many negative impacts of E-commerce although it is a easier way of buying and selling items. Some of the negative impacts of E-commerce includes privacy, security,price wars, returns of products and Complaints. It will be very easy to gather private information about any person who uses an E-commerce website.

Al though the payment process in E-commerce website is more easier and convenient there are also many risks associated with this. There wont be any knowledge of whether the proper authenticated user is making the payment. There are also many risk of taking the account related details when there is no adequate presence of security measures in the websites where online transactions are made.

3 0
3 years ago
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