Answer:
the average daus worked ny employees is C. 302.2 < < 318.4
Explanation:
Hi, since we need the 90% confidence interval, we have to cut 5% in both sides of the normal distribution graph (which accounts for 100%), therefore, the formula to use for both, the upper and lower limit of the interval is as follows.
![UpperLimit=Mean+1.65*\frac{StandardDeviation}{\sqrt{SampleSize} }](https://tex.z-dn.net/?f=UpperLimit%3DMean%2B1.65%2A%5Cfrac%7BStandardDeviation%7D%7B%5Csqrt%7BSampleSize%7D%20%7D)
![LowerLimit=Mean-1.65*\frac{StandardDeviation}{\sqrt{SampleSize} }](https://tex.z-dn.net/?f=LowerLimit%3DMean-1.65%2A%5Cfrac%7BStandardDeviation%7D%7B%5Csqrt%7BSampleSize%7D%20%7D)
Where 1.65 is the Z-score for the probability=0.05 and -1.65 is the Z-score for the probability = 95%
So, things should look like this
![Upper Limit==310.3+1.65*\frac{23.8}{\sqrt{25} } =318.2](https://tex.z-dn.net/?f=Upper%20Limit%3D%3D310.3%2B1.65%2A%5Cfrac%7B23.8%7D%7B%5Csqrt%7B25%7D%20%7D%20%3D318.2)
![LowerLimit==310.3-1.65*\frac{23.8}{\sqrt{25} } =302.4](https://tex.z-dn.net/?f=LowerLimit%3D%3D310.3-1.65%2A%5Cfrac%7B23.8%7D%7B%5Csqrt%7B25%7D%20%7D%20%3D302.4)
Therefore, the interval is 302.4 << 318.2 and since it is close to answer C. we selected answer C.
Best of luck.
Answer:
$20,000 Favorable
Explanation:
As for the provided information, we have:
Sales Volume Variance is defined as the variance arising due to difference in sales quantity based on standard price.
Formula for the above = (Actual Sales - Budgeted Sales)
Standard Price
= (5,500 - 5,000)
$40
= $20,000
This variance shall be categorized as favorable, as the actual sales quantity is more than the static budgeted quantity.
Therefore, Sales Volume Variance = $20,000 Favorable
Answer:
$43,475
Explanation:
Planned wages and salaries = $1,580 + $315 x 133 births
= $43,475
The wages and salaries in the planning budget for September would be closest to: $43,475
Answer: Continuous-flow manufacturing
Explanation:
Continuous-flow manufacturing, also known as the repetitive-flow manufacturing involves the move from one work unit at a time between every step of the process with no breaks in sequence, time, substance, or extent.
The aim of the continuous manufacturing flow is to manufacture a flow production to produce, manufacture, or process materials uninterrupted.