chase lives in oregon but works for a company that is located in florida. what business trend is this an example of ?

1 answer:

6 0

The business trend wherein Chase works for a company that is located in Florida while he is living in Oregon is an example of remote workforce business trend.

Remote workers are those workers who does their job outside of a customary type of office.

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12. Although online shopping accounts for 8 percent of retail sales, it is still a significant share of

White raven [17]

Answer:

true

Explanation:

Online shopping is an electronic form of shopping for goods and services. And allows for the direct buyer and seller to interact with each other over the internet. In the U.K about 20% and Australia has 7% and the U.S. about 10% of the retail sales take place through this.

The markets in Asia-Pacific have increased the international sales to over 30% giving them over $433 billion in revenue. As customer buying behavior in the digital environment is changing. As every customer is becoming more and more interactive, and though the online reviews customers are influencing other potential buyers in the world.

Besides they have a various option like Cash on delivery (C.O.D.) , the direct debit, EFT , the gift cards , the Invoice, especially popular in some markets/countries, the postal money order etc, hence many new companies are adopting these online shopping channels it will grow more in the future.

8 0

3 years ago

A professor of statistics claimed that the average amount of money a typical college

Lilit [14]

Answer:

We fail to reject the Null hypotheses that the average amount of money a typical college student spends per day is less than $70.

Explanation:

A professor of statistics claimed that the average amount of money a typical college student spends per day during social distancing at home is over $70.

Based upon previous research, the population standard deviation is estimated to be $17.32.

The professor surveys 35 students and finds that the mean spending is $67.57.

Is there evidence that the average amount spent by students is less than $70?

For the given problem the Null hypotheses is that the average amount of money a typical college student spends per day is less than $70.

$H_0= \mu$

For the given problem the Alternate hypotheses is that the average amount of money a typical college student spends per day is over $70.

$H_1= \mu >70$

The test statistic is given by

$z = \frac{\bar{X}-\mu}{\frac{\sigma}{\sqrt{n} } }$

Where X_bar is the sample mean spending that is $67.57, μ is the average population spending that is $70, σ is the standard deviation that is 17.32 and n is the sample size that is 35.

$z = \frac{67.57-70}{\frac{17.32}{\sqrt{35} } }\\\\z = \frac{-2.43}{ 2.927}\\\\z = -0.83$