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tangare [24]
3 years ago
10

A sample of 14 students was selected to estimate the average score in a given quiz. The average score in the sample is 2.14 with

standard deviation of 1.29. Find a 99% confidence interval for the average score of the student in the class
Business
1 answer:
Savatey [412]3 years ago
6 0

The average score of the student in the class at a 99% confidence lies between 1.252 and 3.028

Explanation:

Given values are

n = 14   = 2.14     σ = 1.29  z value for 99% confidence = 2.576

The mean is known one

= (z σ/√14)

=  (2.576 ×1.29÷√14)

(2.576 ×1.29÷√14)

= 2.576 × 0.345

= 0.888

 =  mean- 0.888 = 2.14  - 0.888 = 1.252

 =  mean+0.888 =  2.14 + 0.888 = 3.028

The average score of the students in the class at a 99% confidence lies between 1.252 and 3.028

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The narrowest definition of the money supply (M1) includes:
fenix001 [56]

Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:

-M0: narrowly, it means the hard currency in circulation

-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.

-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.

-M2: covers M1 and saving accounts and CDs.

-M3: it surrounds the larger deposits.

-MZM: finally, this indicates the money market deposits.

That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.

5 0
3 years ago
Emerging markets are _______. Question 1 options: A. developing economies where goods and services are directly exchanged for ot
sergey [27]

Answer:

C. low-income countries characterized by limited industrialization and stagnant economies

Explanation:

Emerging markets are economies of developing countries. They are traditional economies based on the export of raw material and subsistence agriculture. Emerging markets are trying to move away from these types of economies by investing in manufacturing and adopting mixed economy models.  Emerging markets are transitioning from low income and less developed to industrialized economies with higher standards of living.

Lower than average per capita income characterizes emerging markets. They also experience moderate economic growth compared to the developed economy.  However,  emerging markets are presenting investors with an opportunity for high returns due to their rapid growth.  

6 0
3 years ago
Kansas Enterprises purchased equipment for $73,000 on January 1, 2021. The equipment is expected to have a five-year service lif
Margaret [11]

Answer:

Depreciation expense = $13,130

Book value = $46,740

Explanation:

Depreciation is a method of expensing the cost of an asset.

Depreciation expense using the straight line method = (Cost of asset - salvage value) / useful life

($73,000 - $7,350) / 5 = $13,130

The depreciation expense each year would be $13,130.

Book value = Cost of asset - Depreciation expense

In December 2021, the book value would be = $73,000 - $13,130 = $59,870

In December 2022, the book value would be = $59,870 - $13,130 = $46,740

I hope my answer helps you

4 0
3 years ago
Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising? Why o
lianna [129]

Answer:

Walmart, MacDonald's and Payless ShoeSource.

Explanation: Cost Leadership is a business strategy where a comoffers products and services with acceptable quality and features to customers at a very low price.

Yes they should advertise their products and services, actually some of them use advertising slogans like "why pay more when you can pay less" "Always low prices" and " save money" Used by Walmart.

Advertising which is usually a way to tell people about what you do and why you should do it with them or through them, tells people about changes in their prices and introduction of new products.

Again, it will amaze you to know the a lot of people don't know about these companies yet. It helps them to reach more people and this in turn increases their sales.

5 0
3 years ago
Read 2 more answers
________ is the practice of taking a significant activity within the organization and contracting that activity out to an indepe
wlad13 [49]
Outsourcing is the practice of taking significant activity with in organization and contracting it to an independent party.
6 0
3 years ago
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