1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
1 year ago
9

Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval

. How would the interval change?.
Business
1 answer:
Alex1 year ago
6 0

The 95% confidence interval will be wider than the 90% confidence interval.

In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.

  • The level of certainty or uncertainty in a sampling process is measured by confidence intervals.
  • Additionally, they are employed in regression analysis and hypothesis testing.
  • To determine statistical significance, statisticians frequently combine confidence intervals with p-values.
  • 95% or 99% confidence levels are most frequently used in their construction.

Learn more about Confidence interval, here

brainly.com/question/13067956

#SPJ4

You might be interested in
Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B
VLD [36.1K]

Walmart’s various marketing channel relationships offer examples of different forms of a vertical marketing system.

<u>Explanation: </u>

In vertical marketing system, the manufacturer, the wholesale distributor and the retail distributor work together to promote and manage huge base of customers. There are three distinguished forms in vertical marketing system namely,

  • Corporate- where one member among the distribution channels holds the ownership.
  • Administered- where one member among the distribution channels, without any ownership stake hold and coordinates the other members
  • Contractual- where independent companies club together for mutual benefit on a contract basis.

Here, the Walmart company imposes control on small producers namely Brown Betty Dessert Boutique for their mutual benefits. The Walmart has the advantage of handling the key holds from the production of the product to the selling of the product. This helps in anticipating the problems priory, making necessary changes and thereby increasing the efficiency.

4 0
4 years ago
Inventory Valuation under Absorption Costing
GarryVolchara [31]

Answer:

1. There are 2,600 units in ending inventory.

2. Costs per unit under absorption costing $ 123

3.Value of ending inventory  $  319,800

Explanation:

Calculation of Ending inventory units.

Ending Inventory Units : Opening Units + Units produced - units sold

300 + 15,000 - 12700 = 2,600 units

Calculation of per unit cost under absorption costing

Under absorption costing, direct manufacturing costs as well as indirect factory overheads are considered.

Per  units costs

Direct Materials                  $ 20

Direct Labour                     $ 60

Variable overhead             $ 13

Fixed Overhead                $ 30

Total costs per unit          $ 123 under absorption costing

Calculation of ending inventory under absorption costing

The ending inventory calculated earlier of 2.600 units is multiplied by the per unit costs of $ 123 per unit to get the value of the ending inventory

$123 * 2600 units  = $ 319,800

8 0
3 years ago
500 divided by 2/3 = 500 * blank = blank feet <br><br><br>please help me
irina [24]

Answer:

500 divided by 2/3 = 500 * 3/2= 750

Explanation:

You have to interchange the fraction 2/3. The denominator becomes the numerator and vice versa.

2/3 becomes 3/2

500 divided by 2/3 = 500 * 3/2

500 divided by 2/3 = 750

500* 3/2 is the same as 500 x 1.5 = 750

7 0
3 years ago
Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. A
erica [24]

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment-This statement is False

Explanation:

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment

The above statement is false, since it is a bad investment because after figuring out the stock's value you get $108.15, which is less than what you initially paid for it.

4 0
3 years ago
Weightman Corporation's net operating income in Year 2 was $76,385, net income before taxes was $55,385, and the net income was
muminat

Answer:

11.00

Explanation:

Earnings \: per \: share = \frac{net \: income}{shares}

36,000 net income

200,000 common stock / $4 per share= 50,000 shares

36,000 / 50,000 = 0.72 earnings per share

price-earnings \: ratio = \frac{market\: price}{EPS}

7.92 / 0.72 = 11

5 0
3 years ago
Other questions:
  • Which of the following are possible outcomes of rapid population growth?
    10·2 answers
  • You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 78 - 15Q, where Q =
    13·1 answer
  • In june 2009, when general motors went bankrupt, ______ became its majority stock holder.
    10·1 answer
  • You find a certain stock that had returns of 13 percent, −20 percent, 21 percent, and 12 percent for four of the last five years
    7·2 answers
  • For a certain good, when price rises from $50 to $55, quantity demanded falls from 8,400 to 7,500. The price elasticity of deman
    11·1 answer
  • the income effect of a price change refers to the impact of a change in a) income on the price of a good b) demand when the inco
    5·1 answer
  • Hartley Psychiatric, Inc., needs to purchase office equipment for its 2,000 drive-in therapy centers nationwide. The total cost
    11·1 answer
  • During 2020, $890000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurre
    9·1 answer
  • Your rich aunt has promised to give you $5,000 per year at the end of each of the next four years to help you pay for college. U
    11·1 answer
  • A 40-year old taxpayer has owned a Roth IRA for more than 5 years. A $10,000 distribution will be considered nonqualified if the
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!