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Inga [223]
3 years ago
8

The distribution of the amount of money in savings accounts for florida residents has an average of 2,200 dollars and a standard

deviation of 900 dollars. suppose that we take a random sample of 100 florida residents and ask them how much they have in their savings account. the sampling distribution of the sample mean amount of money in a savings account is
Business
1 answer:
slava [35]3 years ago
6 0
The sampling distribution of the sample mean amount of money in a savings account is :<span>
approximately Normal, with a mean of 2200 and a standard error of 900 because </span><span> they don't give you enough information in the problem. The problem states the Sx of 900 dollars and the mean to be 2200 dollars. They don't give you the random sample number.</span>
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Aziz company sells two types of products, Baste and Deluxe . The company provides technical support for users of its products at
klio [65]

Answer:

1.$25

2. Deluxe $13,000

Basic $5,500

Explanation:

1. Calculation to determine the company's cost of technical support per customer service call.

Using this formula

Cost of technical support per customer service call = Expected cost / Expected customer service call

Let plug in the formula

Cost of technical support per customer service call = $150,000 / 10,000

Cost of technical support per customer service call = $25 per customer service call

Therefore the company's cost of technical support per customer service call is $25 per customer service call

2. Calculation to Assign technical support costs to each model using activity based costing

Model Activity Rate (a) Cost driver quantity incurred (b) Allocated Cost (a*b)

Deluxe $25 *520calls = $13,000

Basic $25* 220 calls = $5,500

Therefore the technical support costs assign to each model using activity based costing (ABC) is:

Deluxe $13,000

Basic $5,500

8 0
2 years ago
When entrepreneurs love what they do, this trait is evident.
Anestetic [448]
I'm pretty sure its passion
4 0
3 years ago
Fayol's Principles of Management provide an accurate description of what managers actually do on the job.​
ch4aika [34]

Answer:

b) false

Explanation:

This statement is false, because Fayol's management principles were an administrative methodology that provided for observing the facts of an organization and the experiment, being therefore principles that are unable to provide an accurate description of what managers do in the job.

Its management principles consist of: Division of Labor, authority, discipline, management unit, control unit, Subordination of individual interests to the common good, remuneration, centrality, hierarchy, order, equity, stability, initiative and team spirit.

He believed that this set of principles would lead to more effective management where the company would achieve greater efficiency through structural organization and the control and monitoring of functions.

6 0
3 years ago
An outside supplier offers to provide Epsilon with all the units it needs at $63.05 per unit. If Epsilon buys from the supplier,
ICE Princess25 [194]

Answer:

Make since the relevant cost to make it is $59.05

Explanation:

Calculation to determine what Epsilon should choose to:

Relevant costs to make = 8.20 + 24.20 + [41*(100%-35%)]

Relevant costs to make = 8.20 + 24.20 + (41*65%)

Relevant costs to make = 8.20 + 24.20 + 26.65

Relevant costs to make =$59.05

Therefore Epsilon should choose to: MAKE SINCE THE RELEVANT COST TO MAKE IT IS $59.05

8 0
2 years ago
Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
MakcuM [25]

Considering the available options, the statements that will likely lead to cost-push inflation include <u>"An increase in the price of oil has reduced supply of all goods and services that use oil as an input."</u>

The other options that will likely lead to cost-push inflation are "<u>Consumers become more comfortable with debt, increasing their spending as they take on more loans.</u><u>"</u>

<h3>What is Cost-Push inflation?</h3>

Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.

This implies that the rise in wages allows the consumers to spend more money on limited supply.

Also, when the rise in the cost of materials reduced the supply of all goods and services.

Hence, in this case, it is concluded that the correct answer is options A and E.

Learn more about Cost-Push inflation here: brainly.com/question/4540785

4 0
2 years ago
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