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algol13
3 years ago
13

A consumer products company is analyzing data collected and published by trade associations and general business magazines. This

data is best referred to as _____ data.
Business
1 answer:
Vaselesa [24]3 years ago
5 0

Answer:

External data.

Explanation:

External data are data collected outside an organization from different sources. The importance of external data can be to remain relevant and competitive. They get the company informed and updated about competitors. Collecting external data is also good for decision making.

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Ms. Finkel has suggested that if given sufficient resources, she could redesign the production process to reduce the percentage
liubo4ka [24]

Explanation:

To find the probability that the sample which fails to meet the required weight or the standard weight of the marshmallows having banana flavor if the process of production is working, such that probability for the weekly sample leads to shutdown of the production if the process of the production is running properly of  1 % of the probability that at least five boxes out of the twenty five sample fails to meet the standard weight which is less than one percent that is  $p(x \geq 5) \leq 0.01$

We know that for p = 0.8,   $p(x \geq 5) = 0.0452$

Now using binomial simulation, we can determine that $p(x \geq 5) \leq 0.01$ for  p = 0.0452

So the production process is to be redesigned for reducing the percentage of boxes of the Go Bananas of 16 ounces which failed to meet the required weight of the marshmallows having banana flavor if the production process is working properly to 5.42 percent.

8 0
3 years ago
A firm in China sells toys to a U.S. department store chain. Other things the same, these sales:a. decrease U.S. net exports and
kari74 [83]

Answer: decrease U.S. net exports and increase Chinese net exports

Explanation: All things the same, the Chinese is exporting while the American store is importing. As the Chinese is exporting, the net export (the difference between a nation's exports and imports) in China increases and as the American is importing, the net export in America is decreasing.

8 0
3 years ago
What is quality control?
lilavasa [31]
Quality control is a system maintaining standards in manufacturing products by testing a sample of the output  against the specification. 

Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses. 

Hope this helped :)
Have a great day   <span />
4 0
3 years ago
the averge woman makes 75 cents for every dollar a man makes in the workforce. this statisic would fall under which of the follo
photoshop1234 [79]
Men get treated better than women. Men are more superior. Womes Rights
3 0
3 years ago
Whenever Jane is successful she takes full credit for what has happened, but whenever she is unsuccessful she attributes her fai
Nat2105 [25]

Answer:

The correct answer is E) self-serving bias.

Explanation:

Self-service bias, or bias due to personal interest, appears when people request responsibility with greater interest for their own successes than for their own failures or failures. It also manifests itself when people tend to evaluate ambiguous information in a way that benefits their own interests. Dale Miller and Michael Ross were the first to suggest this attributional bias. Self-service also arises as a result of statistical bias as a result of people thinking, due to their self-esteem, that in certain areas it is better than average. For example: most drivers think they drive better than average.

5 0
3 years ago
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