Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests t
he machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests the machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?
B.Companies in the U.S. outsource jobs to Ireland.
Immigration is the act of moving from one's ancestral country to permanently live in a foreign country. During the industrial revolution in the United States, most people of Irish decent felt the need to migrate to the United States since there were more opportunities in terms of jobs. Ireland at the moment was rural and most of it's population was illiterate and lacking any formal skills.
The Irish mostly migrated to the United States to evade poverty and famine from their home country in search of better living and economic conditions in the United States. The United States were well into the industrial age with many industries and companies being set up. Since most Irish people did not have any formal training, they usually settled for menial work. The men always settled for labor intensive work that most of the middle class American citizens didn't want to do. The Irish work settled for domestic work. Both jobs did not pay very well.
Most Irish people during that time in history were very poor with most of them staying in low-cost housing and even streets. The locals despised them since wherever the Irish people stayed was occasioned by violence and overcrowding. A consequence of the poverty level among the Irish people. This was more prevalent during times when the U.S economy was not doing so well. The Irish immigrants were discriminated in many ways, such as; they were not allowed to live in certain areas of cities, they were denied work based on nationality since the Americans felt like they were taking their jobs and they were never allowed to hold public office.
During the civil war, the Irish people wholeheartedly participated in the war thus gaining some acceptance by the Americans. At this time, some of them had also moved up the social ladder thus gained access to live in certain areas of the city. Their populations had also increased with a majority of them getting into more professional jobs therefor could no longer be denied work based on their nationality. The increase in population also enabled them to elect their own to public office.
After analyzing which nations account for the most exports and imports, it is evident that international trade is unevenly distributed across the world
This is further explained below.
<h3>What are imports?</h3>
Generally, An item or service that is created in one nation but then sold to a customer in another nation is said to have been exported.
Exports are a significant sort of economic interaction that has been going on for a very long time and involves a lot of different countries.
A commodity or service that was created in one nation but is purchased in another country is known as an import.
The building blocks of international commerce are called imports and exports respectively. A nation is said to have a negative balance of trade, sometimes referred to as a trade deficit, when the value of the country's imports is more than the value of the country's exports.
In conclusion, The act of selling products and services produced in one nation to consumers in another one is referred to as exporting. Importing, on the other hand, is the process of purchasing goods produced in another country and bringing them into one's own nation.
The right answer for the question that is being asked and shown above is that: "The government offers companies money for start-up costs to prevent natural monopolies." start-up costs related to natural monopolies is that The government offers companies money for start-up costs to prevent natural monopolies.<span> </span>
What economic challenge did the newly formed American federal government face? Inflation
Which act created nationally chartered banks and circulated notes backed by the federal government? National Banking Act was pass during the Civil War, it was created so as to provide for nationally chartered banks, whose circulating notes had to be backed by U.S. government
What economic event led to the creation of the Federal Reserve? Panic of 1907 resulted in the creation of Federal Reserve by the Congress due the wreaked havoc on the fragile banking system at that time