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3 years ago

List three factors to consider when choosing a financial institution

1 answer:

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When you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. Different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.

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The automatic ticket machines at a railroad station are programmed to ask every 7th ticket buyer on a given day if they would bu

jeka94

Calculate the sample proportion (198 yes responses out of 316).
$\hat{p}= \frac{198}{316} =0.6266$

We want to test against a sample size of n = 2200 daily passengers.
In order to use the normal distribution, we should satisfy
$n \hat{p} \ge 10\,\, and\,\, n(1 - \hat{p}) \ge 10$
2200*0.6266 = 1378.5
2200*(1-0.6266) = 821.5
We may use the normal distribution.

Let us use a 95% confidence interval.
The estimate for the population proportion is
$p=\hat{p} \pm z^{*} \sqrt{ \frac{\hat{p}(1-\hat{p})}{n} }$
where z* = 1.96 at the 95% confidence level.

$1.96 \sqrt{ \frac{06266(1-0.6266)}{2200} } =0.0202$
Therefore
p = 0.6266 +/-0.0202 = (0.6064, 0.6468)

Answer:
At the 95% confidence level, about 60% to 64% of regular passengers will buy snacks on the train.

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3 years ago

Suppose that on January 6, 2018, Excel Motors paid $240,000,000 for its 45% investment in Dynamic Motors. Excel has significant

goldenfox [79]

Answer:

Requirement 1 :

Excel Motors should use the Equity method to account for its investment in Dynamic Motors, because the investment results in significant influence over the invested company.

Requirement 2 :

In the books of Excel Motors:

[ Kindly find the attachment ]

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4 years ago

Anita is a new buyer. luckily, ______ will help her before the sale and can reimburse her after the sale if a title issue arises

topjm [15]

Anita is a new buyer. luckily <u>her title insurance</u> will help her before the sale and can reimburse her after the sale if a title issue arises.

Insurance is a manner to manage your risk. whilst you buy insurance, you buy protection in opposition to unexpected financial losses. The insurance company pays you or someone you choose if something awful takes place for you. when you have no coverage and an accident occurs, you'll be answerable for all related costs.

The six maximum commonplace types of car insurance are automobile legal responsibility coverage, uninsured and underinsured motorist coverage, comprehensive insurance, collision insurance, clinical bills, and personal damage protection.

Amongst country-wide insurers, USAA has the most inexpensive fees, at $36 per month, with country Farm in 2d location, at $44 consistent per month. The cheapest nearby employer is Farm Bureau, at $39 according to month.

Learn more about the insurance here: brainly.com/question/25855858

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4 0

2 years ago

Use two correctly labeled side-by-side graphs of the loanable funds market in the United States and China to show how a higher i

dusya [7]

Answer:

Figure is given below.

Explanation:

The graph of United states and china is as follows :

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3 years ago

What competition and Five Force Model Analysis?

galben [10]

Answer:

Porter's Five Forces is a framework for analyzing a company's competitive environment. The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.

8 0

3 years ago