Based on the percentage of readers who own a particular make of the car and the random sample, we can infer that there is sufficient evidence at a 0.02 level to support the executive claim.
<h3>What is the evidence to support the executive's claim?</h3>
The hypothesis is:
Null hypothesis : P = 0.55
Alternate hypothesis : P ≠ 0.55
We then need to find the test statistic:
= (Probability found by marketing executive - Probability from publisher) / √( (Probability from publisher x (1 - Probability from publisher))/ number of people sampled
= (0.46 - 0.55) / √(( 0.55 x ( 1 - 0.55)) / 200
= -2.56
Using this z value as the test statistic, perform a two-tailed test to show:
= P( Z < -2.56) + P(Z > 2.56)
= 0.0052 + 0.0052
= 0.0104
The p-value is 0.0104 which is less than the significance level of 0.02. This means that we reject the null hypothesis.
The Marketing executive was correct.
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The two primary varieties of price restrictions are known as price ceilings and price floors respectively.
<h3>What exactly are these pricing controls?</h3>
Price control is a technique that the government uses to guarantee that the price of a product or service on the market does not become too high or cheap.
Price controls may be broken down into two categories: price ceilings and price floors. Price floors and ceilings are used to determine the lowest and maximum amounts of a product's price, respectively. Price ceilings are used to determine the maximum amount of a product's price.
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Answer:
- IFCO for 20x7 as it is reported comparatively in the 20x8 statements = $5,600
- IFCO for 20x8 = $6,800
Explanation:
1) IFCO for 20x7 as it is reported comparatively in the 20x8 statements, should not include the $400 operating income from the component = $6,000 - $400, or $5,600.
2) IFCO for 20x8 should not include the gains resulting from the disposal of the component nor the losses generated by it = $7,000 - $300 + $100 = $6,800
Answer:
because answer key you give you answer
The thing which usually happens during tight money periods, generally is:
- short-term rates are higher than long-term rates.
<h3>What is a Tight Money Period?</h3>
This refers to an economic policy in which there is the need for control of inflation in the economy by the financial institution in a country.
With this in mind, we can see that when this happens in the tight money periods, there is usually short term rates which are higher than long term rates because there is a need to control the economy which is rising too quickly.
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