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Licemer1 [7]
3 years ago
9

An Internet business prides itself in its ability to fill customer’s orders in six calendar days or less on average. Periodicall

y, the operations manager selects in a random sample of customer orders and determines the number of days required to fill the orders. Based on the sample information, she decides if the desired standard is not being met. She will assume that the average number of days fill customer orders is six or less and less the data suggest strongly otherwise. a) Establish the appropriate null and alternative hypotheses. b) On one occasion where sample of 40 customers were selected, the average number of days was 6.65, with the standard deviation of 1.5 days. Can the operations manager conclude that her Internet business is achieving its goal? Determine your answer using a 90% confidence level. 4) For the United States, the mean monthly Internet bill is $65.72 per household. A sample 50 households in a southern state showed a sample mean of $63.22. Using a standard deviation of $6.72, and a significance level of .05, with a resulting p-value of .005689, are these household significantly smaller than the mean?
Business
1 answer:
LenaWriter [7]3 years ago
3 0

Answer:

Answer is explained in the attachment.

Explanation:

Download pdf
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If a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by: M
arlik [135]

Answer: d. Taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.

Explanation: Bad debt expense is an unfortunate cost of doing business with customers on credit and recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.

The balance-sheet approach for estimating bad debts expresses uncollectible accounts as a percentage of accounts receivable. That is, it takes the difference between the current balance of allowance for doubtful accounts and the amount calculated.

Therefore, if a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.

8 0
3 years ago
Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company
KIM [24]

A minimum wage can purpose advantage and disadvantage  price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.

Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.

Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.

A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.

Learn more about wage here:-brainly.com/question/26699459

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8 0
1 year ago
The top management of the company asks earl to make use of a rating scale that will rate the employees' actual job behaviors. th
ki77a [65]
What the managers are asking for steve to use is a <span>behaviorally anchored rating scale or most commonly called in the acronym as BARS. The numerical range of rating of this scale is between 5 to 9 which helps describe the type of performance incurred by the employee from poor to outstanding. This is used in the appraisal process of employees.</span>
5 0
3 years ago
There are two parties in any lease contract—the lessee and the lessor. To a lessor, a lease analysis involves a capital budgetin
inn [45]

Answer:

a, b

Explanation:

It is important to note that a lessor's goal is to make a profit, thus he would be more concerned about knowing what is the value realized after subtracting the lease payments from his income taxes and any maintenance expenses that must be incurred as per the lease agreement.

In order to be cost efficient, he might as well determine the net cash outlay of the lease agreement.

4 0
3 years ago
Which one of these is covered by a specific type of insurance policy?
irina1246 [14]

Answer:

A.Off grid homes

Explanation:

Specific type of insurance policy covers the most common perils except those specifically excluded perils such as earthquake, flood, nuclear disaster, landslide.

OFF GRID HOMES refer to homes which are self-sufficient without reliance on  modern technology and public utilities. That means that this homes do not have access to electricity, gas, water, etc.

Therefore, these homes can be insured by a specific type of insurance policy.

4 0
2 years ago
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