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2 years ago

According to the concentric zone model, a city develops in a series of:

Business

1 answer:

kolezko [41]2 years ago

5 0

Cities develop in a series of rings/circles.

"Concentric" means circles sharing the same center. Basically, cities start small and then expand in all directions. If you look at a map of a large city, you will often notice highways that are in loops around the city and get larger and larger as you move toward the edge.

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A publisher reports that 55% of their readers own a particular make of car. a marketing executive wants to test the claim that t

Dominik [7]

Based on the percentage of readers who own a particular make of the car and the random sample, we can infer that there is sufficient evidence at a 0.02 level to support the executive claim.

<h3>What is the evidence to support the executive's claim?</h3>

The hypothesis is:

Null hypothesis : P = 0.55

Alternate hypothesis : P ≠ 0.55

We then need to find the test statistic:

= (Probability found by marketing executive - Probability from publisher) / √( (Probability from publisher x (1 - Probability from publisher))/ number of people sampled

= (0.46 - 0.55) / √(( 0.55 x ( 1 - 0.55)) / 200

= -2.56

Using this z value as the test statistic, perform a two-tailed test to show:

= P( Z < -2.56) + P(Z > 2.56)

= 0.0052 + 0.0052

= 0.0104

The p-value is 0.0104 which is less than the significance level of 0.02. This means that we reject the null hypothesis.

The Marketing executive was correct.

Find out more on the null and alternate hypothesis at brainly.com/question/25263462

#SPJ1

8 0

1 year ago

The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered

harina [27]

Answer:

23.68%

Explanation:

The computation of the cost of not taking a cash discount is shown below:-

Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))

= (2% ÷ 98%) × (360 ÷ (50 - 19))

= 2.04% × 11.61

= 23.68%

Therefore for computing the cost of not taking a cash discount we simply applied the above formula.

4 0

2 years ago

James would like to deposit enough money in a savings account to have $8,000 at the end of year 3. Assuming the investment will

faltersainse [42]

Answer:

$6910.70

Explanation:

At the end of each year, the account balance will be 1.05 times the value at the beginning of the year. Thus, at the end of year 3, the value is 1.05^3 times the original value.

$8000 = (deposit)×1.05^3

deposit = $8000/1.05^3 ≈ $6910.70

James should deposit $6910.70 today.

7 0

2 years ago

BMW is planning to make a big push into markets around the world with its MINI brand. If BMW has valuable know-how that cannot b

Vaselesa [24]

Make more money and invest in the future of cars

3 0

2 years ago

Coffee and tea are substitutes in consumption. If there is an increase in the price of coffee, assuming a positively sloped supp

exis [7]

Answer:

Will increase

Explanation:

Substitutes are the goods which have high elastic demand or positive cross elasticity of demand. An increase in price substantially affects the demand for a substitute good. For example, if tea and coffee are substitutes, an increase in the price of coffee will increase the demand for tea and the overall surplus in the team market.

5 0

2 years ago