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Ivanshal [37]
3 years ago
6

"Americans in this decade are less likely than in the prior decade to say they want to lose weight, with the average dropping fr

om 59% in 2000-2009 to 53% in 2010-2016. The percentage of Americans wanting to lose weight is now back to where it was in the 1990s, but still well above the 35% average that Gallup measured in the 1950s." (Source)An objective of this study is to ________ .a. estimate a population proportionb. estimate a population meanc. test a claim about a population proportiond. test a claim about a population mean
Business
1 answer:
Scilla [17]3 years ago
4 0

Answer a. Estimate a population proportion.

Explanation:

A population proportion denotes a specific attribute of a population measured in percentage, the above analysis is on losing weight by the populace.

A mean only refers to the average of the population without reference to a particular quality.

The analysis is not testing a claim but it's only making reference to earlier findings on the population. A claim would have given us a specific quality which the population has been predicted or established to adhere to.

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Lillian Fok is president of Lakefront​ Manufacturing, a producer of bicycle tires. Fok makes 1 comma 000 tires per day with the
solniwko [45]

Answer:

Labor productivity= 2.35 tires per hour of work

Explanation:

Giving the following information:

Fok makes 1,000 tires per day with the following​ resources: ​

Labor: 425 hours per day ​at $12.50 per hour.

The labor productivity is calculated based on the number of units made divided by the amounts of hours required:

Labor productivity= 1,000/425= 2.35 tires per hour of work

8 0
3 years ago
Three cards are drawn from a deck without replacement. Find these probabilities. a. All are jacks. b. All are clubs. c. All are
AVprozaik [17]

There are 4 jacks in the deck.

13 are clubs and 26 are all red cards.

The computation for the following problems are shown below:

a.       All are jacks

Computation: 4/52 * 3/51 * 2/50 = 1/5525

b.      All are clubs

Computation: 13/52 * 12/51 * 11/50 = 11/850

c.       All are red card

Computation: 26/52 * 25/51 * 24/50 = 2/17

6 0
3 years ago
During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c
Veronika [31]

Answer:

This is an example of price leadership.

Explanation:

Price leadership is a type of practice where a firm, most likely a dominant one, sets the price and other firms follow it. It is commonly seen in an oligopoly market.  

In an oligopoly market, there are a few firms, these firms are interdependent. A price change by one firm affects its rivals.

Price leadership is of different types.

  • Barometric
  • Collusive
  • Dominant

So when a dominant firm changes its price, the followers have to follow it if we they want to retain their market share.

8 0
3 years ago
Windsor, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
lions [1.4K]

Answer:

Explanation:

The journal entries are shown below:

1. Petty cash A/c Dr $264.2

       To Cash A/c              $264.2

(Being petty cash fund established)

2. Freight - in expense A/c Dr $75

   Supplies expense A/c Dr $40

   Postage expense A/c Dr $48

   Loan to employees A/c Dr $32

   Miscellaneous expense A/c Dr $51

   Cash over and short A/c Dr $2.9

                                            To Cash A/c Dr $248.9         ($264.2 - $15.3)  

(Being disbursement of cash recorded)

3. Petty Cash A/c Dr $115

          To Cash A/c          $115

(Being increase in petty cash recorded)    

5 0
3 years ago
Turkey Corp. provides services to customers on account for $3,000. Recording this transaction will include a __________.
Luden [163]

Answer:

e) Credit to Revenue

Explanation:

The services provided to customers will be an increase of revenue and an increase in revenues is a credit transaction.

Since the question does not mention that the services were billed therefore the accounts receivable will not be increased till it is billed and thus option a) is not applicable.

The other options are not relevant since there is no cash collection involved, and no liabilities involved.

8 0
3 years ago
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