Answer:
a. 2.13. b. (30.53, 34.79). c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
Explanation:
The size of the sample is 42 and the mean of the sample is ∑
= 32.66 and the standard deviation of the sample (σ) is √[∑(
-μ)^2 - 1] = √46.6092 = 6.8271
a. α = 1 - (95/100) = 0.05; α/2 = 0.025; the degree of freedom = n-1 = 42-1 = 41; tα/2 = t0.025 = 2.02. Thus, the error margin = (tα/2)*(σ/√n) = 2.02*(6.83/√42) = 2.1279
b. Lower level limit = 32.66 - 2.1279 = 30.5321; Upper level limit = 32.66+2.1279 = 34.7879. The interval estimate = (mean± margin of error) = (30.53, 34.79).
c. The mean prices for two in mid-range restaurants in Hong Kong are relatively less than those in Tokyo restaurants.
Answer:
Just work hard and be fast
Explanation:
Just work and be fast! People at the back wont get mad because you are a hardworking/fastworking man/woman!
Answer:
Insatiation
Explanation:
Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants
Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human
Answer:
Is out of the money
Explanation:
A strike price is a particular price which if activated, derivative contracts can be sold or bought. Derivatives are considered as products in finance where underlying assets are major determinants of their value.
The stock price is considered as the current price that a share of stocks is sold and bought on the market.
Because the strike price is $65 and the stock price (market price) is $60, Disney is out of money and cannot be exercised profitably.
