1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KatRina [158]
3 years ago
5

The manager of an orchard expects about 70% of his apples to exceed the weight requirement for ""Grade A"" designation. At least

how many apples must he sample to be 90% confident of estimating the true proportion within ±4%? A) 19 B) 23 C) 89 D) 356 E) 505
Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer:

D) 356

Explanation:

ME = Z x √[(P x Q) / N]  

  • margin of error (ME) = 4%
  • 90% confidence level (Z) = 1.645 (by convention)
  • P = 70% of apples exceed Grade A
  • Q = 30% of apples do not exceed Grade A
  • N = sample size = ?  

0.04 = 1.645 x √[(0.7 x 0.3) / N]

0.04 = 1.645 x √(0.21 / N)

0.04 = 1.645 x 0.458 / √N

0.04 = 0.7538 / √N

√N = 0.7538 / 0.04 = 18.84

N = 18.84² = 355.2 ≈ 356 (there is no 0.2 apples, you must round up)

You might be interested in
the rlx company just paid a dividend of $3.10 per share on its stock. the dividends are expected to grow at a constant rate of 4
lesantik [10]

The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.

<h3>Does the market price match the present pricing?</h3>

Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.

The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.

Given:

Current Price = D1/(ke - g)

D1 = 3.10 × (1 + .0425)

ke = 9%

g = 4.25%

Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04

To learn more about current price, visit:

brainly.com/question/14363232

#SPJ4

8 0
1 year ago
An employee who is exhibiting intimidating behaviors that are discourteous/disrespectful, uncooperative, and/or verbally abusive
m_a_m_a [10]
Violent behavior is what I could think that would be called
7 0
3 years ago
Read 2 more answers
Process of tracking customer contacts and providing the customer with a price quote is
SashulF [63]
The correct answer is letter C. Pre-Sales

Pre-Sales is carried out before a producer managed to acquire customers, sometimes even before the products are being launch.

Usually customers get a significant amount of discount if they bought the product through pre-sales process, but they have to wait a little bit long before they got the products


4 0
3 years ago
Inventories held for sale in the normal course of business are classified in the balance sheet as?
Iteru [2.4K]

Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

<h3>What is meant by current liability?</h3>

This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.

Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

Read more on Current liabilities here: brainly.com/question/28039459

#SPJ1

4 0
2 years ago
The purchase and sale of long-term assets and current investments are classified as:
Sveta_85 [38]

ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.

  • Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.

  • It is the purchase as well as sale of long-term assets at a given period.

Therefore, Investing activities is correct.

Learn more at:

brainly.com/question/13158188?referrer=searchResults

8 0
2 years ago
Other questions:
  • Jim would like to learn more about what it’s like to be in college, without having to take any actual college classes or difficu
    15·2 answers
  • Doreen is a cosmetic sales person. her commission rate is 13 1/2%. if her monthly sales was $4,230.00 what was her monthly commi
    9·1 answer
  • A suplier who requires payment with in 10 days, should be most concerned with which one of the following ratios when granting cr
    14·1 answer
  • Delsing Canning Company is considering an expansion of its facilities. Its current income statement is as follows:
    14·1 answer
  • Almost all financial theory and decision models assume that the financial markets are efficient. The informational efficiency of
    5·1 answer
  • The Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin
    14·1 answer
  • 3. The USD depreciates 2% versus the JPY. The USD appreciates 1% versus the MXN. What is the approximate appreciation or depreci
    12·1 answer
  • business was defined as the organized effort of individuals to produce and sell, for a profit, the goods and services that satis
    10·1 answer
  • What are the main issues to be addressed in a business code of ethics required by the Securities and Exchange Commission
    14·1 answer
  • Information needed by external entities in order to evaluate business performance is provided by:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!