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2 years ago

The opportunity cost of the third bicycle is _____ tents.

Business

1 answer:

skelet666 [1.2K]2 years ago

4 0

The opportunity cost of the third bicycle is 20 tents.

What is opportunity cost?

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in an alternative activity is known as the opportunity cost of that activity. Simply put, it means that if you choose one activity, you forfeit the chance to do another.

Therefore,

The opportunity cost of the third bicycle is 20 tents.

To learn more about opportunity cost from the given link:

brainly.com/question/3611557

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The Centers for Disease Control and Prevention (CDC) defines a healthy sleep duration

laiz [17]

a. The point estimate of the married people that sleep well is = 0.6299. The confidence interval for the mean hours of sleep for those that have never been married but report good sleep is 0.6186, 0.6412

b. The point estimate of the number of hours for people that have never been married = 7.2257

95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447

c. the estimated number of sleep for those that have never been married = 7.729 hours

a. The point estimate

$P=\frac{Xp}{n}$

$Xp = successes\\n = sample size\\$

Those who have never been married n = 7044

Xp = those who sleep for 7 hours at least

To get Xp, the excel function

Countif(range, criteria)

Countif(A:A, >=7)

This gives Xp = 4437

Point estimate =

$\frac{4477}{7044}$

= 0.6299

The point estimate of the married people that sleep well is = 0.6299

At 95% interval of confidence,

α = 1-0.95 = 0.05

α/2 = 0.05/2 = 0.025

Z0.025 = 1.96 ( Use the standard probability normal table)

Margin of Error

= $M.E = 1.96\sqrt \frac{0.6299(1-0.6299)}{7044} \\\\= 1.96\sqrt{0.000033} \\\\1.96*0.0057$

= 0.0113

The 95% confidence interval

= 0.6299 - 0.0113 , 0.6299 + 0.0113

= 0.6186, 0.6412

The confidence interval for the mean hours of sleep for those that have never been married is 0.6186, 0.6412

b. Sample mean

x = ∑x/n

x = number of sleep of the never been married

Mean is calculated using excel function

Average(range)

Average(a:a)

This gives the sample mean = 7.2257

The point estimate of the number of hours for people that have never been married = 7.2257

Standard deviation using excel =

Stdev(A:A) = 0.8211

$Margin of error =1.96*\frac{0.8211}{\sqrt{7044} }$

= 0.0192

The confidence interval =

= 7.2257-0.0192, 7.2257+0.0192

= 7.2065, 7.2447

95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447

c. From the available data, the mean number of sleep per day that is gotten from the 4437 people that are unmarried and sleep healthily for at least 7 hours = 34295.1

Mean = 34295.1/4437

= 7.729

the estimated number of sleep for those that have never been married = 7.729 hours

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3 years ago

The new employee at Cork Manufacturing reported tp work and the employee reviewed the following information that was audited by

dexar [7]

Answer:

The correct answer is D

Explanation:

In this case, the new employee who reported to work, was given the responsibility to perform the review of the information on the balance sheet which was audited by the CPA.

So, here the role of new employee is described as the manager- financial analysis, who is responsible for the financial health of the organization or business, reviewing the financial data as well.

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3 years ago

An HR manager trying to recruit for a number of key positions in a firm asks the best talent to recommend the best employees the

Natali [406]

Answer:

school buses are yellow

Explanation:

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3 years ago

The income statement of Cullumber Co. for the month of July shows net income of $2,200 based on Service Revenue $6,100, Salaries

saw5 [17]

Answer:

Revenue $6,800

Expenses:

Salaries and Wages Expense ($2,700)
Supplies Expense ($1,050)
Depreciation expense ($250)
Insurance expense ($600)
Utilities Expense ($400) ($5,000)

Net income $1,800

1) you must add insurance expense

2) you must decrease supplies expense = $1,200 - $150 = $1,050

3) you must add depreciation expense

4) you must increase salaries and wages expense = $2,300 + $400 = $2,700

5) you must increase revenue = $6,100 + $700 = $6,800

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3 years ago

An employee stealing company data could be an example of which kind of threat actor?.

vesna_86 [32]

It would be an example of an internal threat i believe

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2 years ago