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
avanturin [10]
3 years ago
12

Sharon is considering trying to open a new business within the next few years, and she is doing research to determine what kind

of businesses tend to be successful. So far, she has compiled two tables. The first shows the number of businesses of several types started in Sharon's city over the course of two years, and the number of those businesses which did not succeed and were forced to shut down within two years of opening. The second deals with separate records of successful new businesses, showing how much profit those new businesses turned over two years. Businesses on the boundary lines fall in the lower category.
Using the tables as experimental data, determine whether it is more likely for a new retail establishment to succeed and earn profits of $50,000 or more, or whether it is more likely for a new service establishment to succeed and earn profits of $25,000 or less, and how much more likely the one situation is than the other. Express all probabilities as percentages to two decimal places, and express differences by number of percentage points (for example, 23% is 5 percentage points greater than 18%).
a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.
b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.
c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.
D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.
Business
2 answers:
Vladimir79 [104]3 years ago
6 0

Answer:

C - The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

Explanation:

a. The situation involving the retail establishment has a probability 0.99 percentage points higher than the situation involving the service establishment.

b. The situation involving the retail establishment has a probability 4.91 percentage points higher than the situation involving the service establishment.

c. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

D. The situation involving the service establishment has a probability 6.35 percentage points higher than the situation involving the retail establishment.

c. IS THE ANSWER AS The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

SSSSS [86.1K]3 years ago
3 0

Answer:

C. The situation involving the service establishment has a probability 3.11 percentage points higher than the situation involving the retail establishment.

You might be interested in
Economists were sharply divided over how to best fight the Great Recession. A vocal minority of economists favored the "Structur
mel-nik [20]

Answer:

rely on the invisible hand of the market to reallocate resources,

Explanation:

The invincible hand was adams Smith's idea which is defined as an observable market force that helps the demand and supply of goods in a free market to attain equilibrium naturally without government intervention in the market thereby leaving the people alone to buy and sell freely among themselves . This would naturally choose type of goods to be produced and reduce resource waste by closing Down weak markets that produce less demanded products.

6 0
2 years ago
Read 2 more answers
Which is not a typical job responsibility for a marketing communications manager? A. Creating marketing presentations
Karo-lina-s [1.5K]
D. adding up purchases and accepting payments has nothing to do with marketing managing.
5 0
2 years ago
Peterson Photoshop sold $2,700 in gift cards on a special promotion on October 15, 2021, and sold $4,050 in gift cards on anothe
ozzi

Answer:

1650 I think ... I think so maybe

4 0
2 years ago
Are there any benefits for the law being "Vague and Variable"?
Alisiya [41]
Their benefit is to all of society rather than to an individual 
8 0
3 years ago
Clabber Company has bonds outstanding with a par value of $123,000 and a carrying value of $111,100. If the company calls these
White raven [17]

Answer:

The gain on retirement = $4,600

Explanation:

The gain or loss on retirement = Carrying Value of the Bonds -  Call price of the Bonds

The gain or loss on retirement = $111,100 -  $106,500

The gain on retirement = $4,600

Note: Par value will not be taken for the calculation of the above

4 0
2 years ago
Other questions:
  • ____ help companies meet the legal requirement that their human resource decisions be job-related.
    9·1 answer
  • What do you call that carbon copy paper where what you write on the top sheet transfers to the other sheets?
    7·1 answer
  • Mariam has a stack of about 20 articles that may or may not be appropriate for her essay. should she skim, scan, or read those a
    11·2 answers
  • In ___, a committee or group of people often make the buying decision and consider the organization's objectives, purchasing pol
    6·1 answer
  • A polisher costs $10,000 and will cost $20,000 a year to operate and maintain. If the discount rate is 10 percent and the polish
    9·1 answer
  • He vertical hierarchy is also known as _____.
    10·1 answer
  • 9. Soccer Ball-
    10·1 answer
  • The production budget shows expected unit sales are 100,000. The required production units are 104,000. What are the beginning a
    11·1 answer
  • Common stock holders: Group of answer choices have one vote in the election of how the company operates. are last in line to rec
    15·1 answer
  • Increases in productivity are difficult to achieve if Open Hint for Question 15 in a new window. the task is more physical and t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!