Answer:
[ $591.08, $1101.32 ]
Explanation:
Given:
Sample space = 200
Mean price = $846.20
Standard deviation, σ = $1,840.80
Confidence level = 95%
Now,
Confidence interval is given as:
⇒ Mean ± 
here, z value for 95% is 1.96 from the standard z table
Thus,
Confidence interval
⇒ $846.20 ± 
or
⇒ $846.20 ± 
or
⇒ $846.20 ± 255.12
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $591.08, $1101.32 ]
the two types of merchant wholesalers are: full-service wholesalers, which provide a full set of services, and limited service wholesalers, which offer fewer services to their suppliers and customers.
A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs
This is further explained below.
<h3>What are
Sunk costs?</h3>
Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.
In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses
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Answer:
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Explanation:
It can be tempting to pay the minimum amount due on your credit card bill, but it can be really expensive in the long run. Here's what happens if you only pay the minimum on your credit card.