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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.

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D) visibly punish unethical acts

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The ethical culture practised by Pam's company is to visibly punish unethical acts. This entails punishing any unethical act appropriately before others to see it.

This approach is really good because it will make others to sit up bearing in mind that they will get same punishment without hesitation if they err.

Pam's organization firing the three managers caught using the company's resources to fund their personal lifestyle pointed towards applying visible punishment for unethical acts.

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Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon i
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Sometimes one observes that the price of a company's stock falls after the announcement of favorable earnings. This phenomenon is consistent with the efficient markets hypothesis if the earning were not as high as anticipated

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The efficient market hypothesis is a hypothesis in financial economics that states that asset prices reflect all available information. A direct consequence of this is that it is impossible to "beat" the market consistently on a risk-adjusted basis, as market prices should only respond to new information.

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Which of the following statements is correct about the connection between cost centers and revenue?
Mazyrski [523]

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Cost Centers are functions where costs are accumulated.

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