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igor_vitrenko [27]
2 years ago
10

We use statistics when making decisions, rather than parameters, because ________________.

Business
1 answer:
natka813 [3]2 years ago
4 0

Statistics are used in place of parameters for making decisions since they are simpler to collect.

<h3>What are the guidelines?</h3>

In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.

To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.

Three different parameter kinds,

  • Value Specifiers.
  • Parameters of Reference.
  • output variables

To learn more about parameters, refer to:

brainly.com/question/13794992

#SPJ4

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The Federal Reserve's organization
Reil [10]

Answer:

b. Making decisions regarding monetary policy

Explanation:

The answers for the blank space are in bold.

There are 7 members of FOMc board. They decide which policy interest rate should be by consider the current economic growth from GDP and unemployment. Then, they vote for the desired rate.

The mechanism on managing the rate in the market is changing money supply in the market by using open market operation. they will sell the United State treasury securities to increase the money supply, and do otherwise to increase it.

7 0
4 years ago
Arielle, a successful banker and educator, has decided to retire, but she is very interested in staying involved with a company
Anestetic [448]

Answer: (D) Overall strategic goals and approval of major decisions.

Explanation:      

  According to the given question, Arielle is one of the successful banker and also the educator and she is very much interesting in the organization but now she is decide to retire.

The Arielle is basically involving with the overall goals of an organization and also give many approval on the major decisions.

As, she is one of the member of board of directors and she is also serving this organization for very long time so she feel connected with the company and also helps in making the various types of effective decision for an organization.

 Therefore, Option (D) is correct answer.

7 0
3 years ago
If the price of a product is increase. What is the effect of change in price on the quantity demand &amp; supply curve to illust
Artemon [7]

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

4 0
3 years ago
Wesimann Co. issued 10-year bonds a year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par va
drek231 [11]

Answer:

$1,123.69

Explanation:

We can use the yield to maturity formula to determine the current market price of the bonds.

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

  • YTM = 5.3% / 2 = 2.65%
  • coupon = $1,000 x 7% x 1/2 = $35
  • face value = $1,000
  • n = 9 years x 2 = 18

0.0265 = {35 + [(1,000 - M)/18]} / [(1,000 + M)/2]

0.0265 x [(1,000 + M)/2] = 35 + [(1,000 - M)/18]

0.0265 x (500 + 0.5M) = 35 + 55.56 - 0.05555M

13.25 + 0.01325M = 90.56 - 0.05555M

0.0688M = 77.31

M = 77.31 / 0.0688 = $1,123.69

7 0
3 years ago
Christina purchased 200 shares of stock at a price of $62.30 a share and sold them for $70.25 a share. She also received $148 in
vivado [14]

Answer:

B) 9.75 percent

Explanation:

Christina's net gains with this operation was:

  • $148 in dividends
  • 200 shares x ($70.25 - $62.30) = 200 x $7.95 = $1,590

total gain = $148 + $1,590 = $1,738

Christina invested 200 x $62.30 = $12,460

her nominal rate of return = $1,738 / $12,460 = 13.95%

if the inflation rate was 4.2%, then her real rate of return = 13.95% - 4.2% = 9.75%

8 0
4 years ago
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