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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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<span>to obtain a product from another country </span>
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In 2008, Cameron began his career with SBC. His starting salary was $32,000. By 2012, his salary increased to $35,000. If the CP
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Based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

<h3>What is real income?</h3>

The real income is the inflation-adjusted income.  It is not the same as the nominal income.

For instance, Cameron's nominal income in 2012 is $35,000, but the inflation-adjusted (CPI) real income should be $34,400 based on his starting salary of $32,000 in 2008.

<h3>Data and Calculations:</h3>

Starting salary in 2008 = $32,000

Salary in 2012 = $35,000

Consumer Price Index (CPI) in 2008 = 100.0

Consumer Price Index (CPI) in 2012 = 107.5

CPI adjusted salary in 2012 should be (real income) = $34,400 ($32,000 x 107.5/100.0)

Thus, based on the CPI in 2008 and 2012, Cameron's 2012 real income is <u>$34,400</u>.

Learn more about CPI and real income at brainly.com/question/24802187

8 0
1 year ago
Drogo, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 12 years to maturity that is qu
ahrayia [7]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

6 0
3 years ago
Why are cash flow statements useful in managing money?
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Answer:

because it shows how much actual cash a company has generated.

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3 0
3 years ago
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A fast growing firm recently paid a dividend of $0.80 per share. The dividend is expected to increase at a rate of 30% rate for
Katyanochek1 [597]

Answer:

The value of the stock today is $60.48 and option A is the correct answer.

Explanation:

The two stage growth model of DDM will be used to calculate the value of this stock today. The two stage growth model is used when there are 2 different dividend growth rates. The 30% growth rate can be termed as g1 while the 7% growth rate which is assumed to remain constant forever can be termed as g2.

The formula for price/value under this model is,

Value or P0  = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  

[Dn * (1+g2)  /  (r - g2)]  /  (1+r)^n

Value today = 0.8 * (1+0.3) / (1+0.1)  +  0.8 * (1+0.3)^2 / (1+0.1)^2  +  

0.8 * (1+0.3)^3 / (1+0.1)^3  +  0.8 * (1+0.3)^4 / (1+0.1)^4  +  

[ (0.8 * (1+0.3)^4 * (1+0.07)  /  (0.1 - 0.07))  /  (1+0.1)^4 ]

Value today = $60.60 which is closest to $60.48 and A is the answer.

The difference of $0.12 in the answer is because of the rounding off as the immediate calculations were not rounded off in the calculation of $60.60

4 0
2 years ago
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