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kobusy [5.1K]
3 years ago
8

Marcie conducted a study of the cost of breakfast cereal. She recorded the costs of several boxes of cereal. However, she neglec

ted to take into account the number of servings in each box. Someone told her not to worry because she just had some sampling error. Comment on that advice.
The advice is right. A sampling error accounts for the difference in results based on the use of a sample rather than the entire population.

The advice is wrong. A sampling error only accounts for the difference in results based on the use of a sample rather than the entire population.

The advice is right. A sampling error accounts for the difference in results based on poor sample design.

The advice is wrong. A sampling error only accounts for the difference in results based on poor sample design.
Business
1 answer:
tester [92]3 years ago
7 0

Answer:

The advice is wrong. A sampling error only accounts for the difference in results based on the use of a sample rather than the entire population.

Explanation:

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One important point to remember is that just because a difference between two treatment groups is found to be statistically sign
pogonyaev

Answer:

Researchers use a finding's Effect size to measure magnitude and reliability.

Explanation:

Effect size is statistical method used by researchers to compare between variables that are statistically significant. It is used to determine the magnitude of the parameters and reliability of the treatment group.

4 0
3 years ago
Molteni Motors Inc. recently reported $3.5 million of net income. Its EBIT was $5.25 million, and its tax rate was 30%. What was
Hatshy [7]

Answer:

$250,000

Explanation:

The computation of the interest expense is shown below:

Given that

Net Income = $3,500,000

Tax rate = 30%

EBIT = $5,250,000

As we know that

EBT = EBIT - Interest Expense

So,

Interest expense = EBIT - EBT

where,

EBT = Net Income ÷ (1 -Taxes)

= $3,500,000 ÷ ( 1 - 30%)

= $5,000,000

And, the EBIT is $5,250,000

So, the interest expense is

= $5,250,000 - $5,000,000

= $250,000

We simply applied the above formula

7 0
3 years ago
Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $
melisa1 [442]

Answer:

D) 1,500

Explanation:

rent per room =$100 dollars

variable cost= $ 20 dollars

fixed cost =$ 100,000.00

desired profits=$ 20,000.00

volume(V) to meet profit target;

Contribution margin per sale= $100-$20= $80

Profits = revenue-cost

=$20,000= Vx$80-$100,000

=20,000=v80-100000

   v80=100,000.00+20,000

    v80=120,000

         v=  120,000/80

Volume =1,500

 

8 0
3 years ago
Read the information about 2 competing credit cards.
Luda [366]

Answer: A. Had major expenses in the first year.

Explanation: It just makes sense and it’s also correct

4 0
3 years ago
Read 2 more answers
Objectives of financial reporting to external investors and creditors include preparing information about all of the following e
sveta [45]

Answer:

Information used to determine which products to produce

Explanation:

Determination of products whose production is not yet decided is a managerial issue, and it is part of internal information that should be not delivered to external parties. Furthermore, this data usually is not accurate, so sharing outside would not be even recommended for this sole reason.

3 0
3 years ago
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