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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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3 years ago
Consider the following uneven cash flow stream: Year Cash Flow 0 $0 1 $250 2 $400 3 $500 4 $600 5 $600 What is the present (Year
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Answer:

The correct answer is: $1715,87

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

             n

<h3>NPV= ∑ [Rt/(1+i)^t] - I0</h3>

            t-1

where:

R t​     =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

<u>In this exercise:</u>

NPV= 0+ 250/1,10^1 + 400/1,10^2 + 500/1,10^3 + 600/1,10^4 + 600/1,10^5

<u>NPV= $1715,87</u>

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3 years ago
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The seven main functions of marketing summarize what it takes to _____.
Nutka1998 [239]

Explanation:

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I guess this may help

4 0
3 years ago
Cost of goods sold for a merchandising company, direct materials and commissions are all examples of
katovenus [111]

For a merchandising company, the cost of goods sold, direct materials, and commissions are <u>variable costs</u>.

<h3>What is a variable cost?</h3>

A variable cost is the cost element that remains constant per unit while the total changes.  Other examples of variable costs include direct labor, variable selling and administrative expenses, including commissions and shipping costs.

Thus, for a merchandising company, the cost of goods sold, direct materials, and commissions are all examples of <u>variable costs</u>.

Learn more about variable costs here: brainly.com/question/5965421

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