Interval at 95% confidence = p+/- Z sqrt (p(1-p)/n)
Upper interval => 0.68=p+1.96 sqrt (p(1-p)/n)
Lower interval => 0.52=p-1.96 sqrt (p(1-p)/n)
Putting sqrt term to be "q"
0.68=p+1.96q
0.52=p-1.96q
Adding the two equations to solve for p (proportion of 150 adults rootng for North high school);
1.2 = 2p => p=0.6
Answer:
<u>FIFO</u>
Ending inventory: = 6745
Cost of goods sold: = 5120
<u>AVERAGE</u>
Ending inventory: 6215
Cost of goods sold: = 5650
Explanation:
The FIFO (First input, first output) method allows you to make an inventory valuation, taking into account that the first items that enter the stock are the first ones that come out.
In the method of valuation of weighted average cost inventory, a weighted average is used to determine the cost of goods sold and the value of the inventory. To do this, the cost of the goods available for sale is divided by the number of units available for sale.
<em>(See the attached form to see the calculations)</em>
Answer:
Roll-out approach
Explanation:
In the roll-out approach a company tries out a campaign or promotion in some part of a country and if successful, they replicate same in other areas, and then across the country. The new variety of Doritos was first rolled out in areas that they company felt they could measure the success of the brand, and then finally rolled out to the entire country.
