<span> IKEA flower pots cost individually about $3.99.It really depends on what type and the place where your living I guess.</span>
Answer: a. 2.8
Explanation:
Given : Population mean : ![\mu=\$6,000\text{ per day}](https://tex.z-dn.net/?f=%5Cmu%3D%5C%246%2C000%5Ctext%7B%20per%20day%7D)
Sample size : n= 49> 30 , the sample is a large sample we use z-test.
Sample mean = ![\overline{x}=\$6,400\text{ per day}](https://tex.z-dn.net/?f=%5Coverline%7Bx%7D%3D%5C%246%2C400%5Ctext%7B%20per%20day%7D)
Standard deviation : ![\sigma= \$1,000](https://tex.z-dn.net/?f=%5Csigma%3D%20%5C%241%2C000)
The test statistic for population mean is given by :-
![z=\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}\\\\\Rightarrow\ z=\dfrac{6400-6000}{\dfrac{1000}{\sqrt{49}}}=2.8](https://tex.z-dn.net/?f=z%3D%5Cdfrac%7B%5Coverline%7Bx%7D-%5Cmu%7D%7B%5Cdfrac%7B%5Csigma%7D%7B%5Csqrt%7Bn%7D%7D%7D%5C%5C%5C%5C%5CRightarrow%5C%20z%3D%5Cdfrac%7B6400-6000%7D%7B%5Cdfrac%7B1000%7D%7B%5Csqrt%7B49%7D%7D%7D%3D2.8)
Hence, the value of the test statistic is 2.8
Answer: $528 favorable
Explanation:
The Spending variance for supplies shoes the difference between what the company thought it would spend on supplies and what it actually spends.
Spending variance on supplies = Actual costs - Budgeted costs
Budgeted cost:
= 968 + 8 * 470 frames
= 968 + 3,760
= $4,728
Spending variance on supplies:
= 4,200 - 4,728
= $528 favorable
<em>Variance is favorable when the Budgeted costs are higher than actual costs. </em>
False it is not a true statement.
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>