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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
You might be interested in
The standard unmodified audit report A. is sometimes called a clean opinion. B. can be issued only with an explanatory paragraph
TEA [102]

Answer:

A. is sometimes called a clean opinion.

Explanation:

The standard unmodified audit report is the report where the auditors said the financial statement of the company are prepared by keeping all material aspects and it is complied with the accounting standards

It is also known as a clean opinion

Therefore as per the given situation, the option A is correct

hence, the same is to be considered

4 0
3 years ago
ou manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. The rate on Treasury bills is 6%.
serg [7]

Answer:

Reward to volatility ratio = 0.71

Explanation:

Given the expected risk premium = 10%

Standard deviation = 14%

The rate on treasury bills = 6%

The investment amount  that the client chooses to invest  = $60000

Expected return of equity = the expected risk premium  + The rate on treasury bills

Expected return of equity = 10% + 6% = 16%

Standard deviatin = 14%

Reward to volatility ratio = (expected return - risk free rate) /standard deviation

Reward to voltality ratio = (16% -6%)/14%

Reward to voltality ratio = 0.71

4 0
3 years ago
Three major segments of the transportation industry are motor carriers, such as YRC Worldwide; railroads, such as Union Pacific;
Usimov [2.4K]

Answer:

The assets turnover for the three companies are as follows:

YRC Worldwide Union      1.54  

Pacific C.H.                       0.40  

Robinson Worldwide Inc     4.84  

Asset turnover implies how much sales generated by an organization from $1 of asset deployed to the business.

Judging from the above,Robinson Worldwide Inc  was the most effective in using its assets to generate sales.It generated $4.84 in sales for every $1 of asset used.

Explanation:

        YRC Worldwide Union Pacific C.H.  Robinson Worldwide Inc

Asset turnover=net sales/average total assets    

Sales                      4,334,640.00   16,965,000.00   9,274,305.00  

Average Total Assets 2,812,504.00   42,636,000.00   1,914,974.00  

Asset turnover=net sales/average total assets

                                         1.54                             0.40                  4.84

                                                       

8 0
3 years ago
The expenditure multiplier leads to greater than one-for-one changes in output when autonomous expenditure changes because______
In-s [12.5K]

Answer:

This is because a change in autonomous expenditure changes income and sets off further changes in induced expenditure.

6 0
3 years ago
Read 2 more answers
a recently renovated catering facility has opened in your town. the property, for insurance purposes, is valued at $1,023,000 an
Natalka [10]

Answer: $1,288.98

Explanation: The cost of the Insurance is calculated at a cost per $100 of value. The first step is to calculate how many 100s are in the value of the property. This is done by dividing 1,023,000 by 100 = 10,230. Next, you need to multiply 10,230 by the rate of .126, which equals $1,288.98, the cost of the cost.

3 0
3 years ago
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