A 99% confidence level means that 95% of the intervals would include the parameter.
<u>Explanation:</u>
In statistics, a confidence level is one of the types of estimate that has been calculated from the statistics of the observed data. This shows and calculates a range of the values which are possible for an unknown parameter.
The interval has an associated confidence level with it that the true parameter is in the proposed range of the values which are possible for an unknown parameter. A 99% confidence interval will be wider than a 95% confidence interval because to be more confident that the true population value falls within the interval we will need to allow more potential values within the interval.
Answer:
45: $10,000
46: $40,000
47: $20,000
Explanation:
Total fixed cost of Amy =
TFC = yearly fixed cost + 5% of $20,000
TFC = $9,000 + $1,000
TFC = $10,000
Total cost =
TC = Variable cost + total fixed cost
TC = $30,000 + $10,000
TC = $40,000
The total profit she accrued is the difference between the total cost and the money she'd borrowed from her parents.
$40,000 - $20,000 = $20,000
Therefore, the total profit of Amy is $20,000
Answer:
B. Network Group
Explanation:
Network group involves a group of people (who may not necessarily share thesame common identity) that comes together with the aim of developing one another to achieve individual growth. In this case, Tonya formed a network group in her new workplace made up of women like her who are interested in advancing career wise in the company.
Answer: The same amount of dollars
When it comes to the financial level, a replicating portfolio as the name implies, is a repetition of specific flows of a given asset, so it must be constituted with the same resources. In this case, the same amount of cash would be needed to create the replica.
Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.
To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:
- Increased speed at work.
- Improved communication.
- Greater customer satisfaction.
- Cost reduction.
It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.
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