The formula for calculating the Confidence Interval is as
follows:
Confidence Interval = x +- (z*s)/√N
Where:
x = mean = 10.36
z = taken from standard normal distribution table based on 95%
confidence level = 1.96
s = standard deviation = 5.31
N = sample size = 30
Substituting know values on the equation:
Confidence Interval = 10.36 +- ( 1.96 * 5.31) / √30
Confidence Interval = 8.46 and 12.26
Hence the bill of lunch orders ranges from 8.46 to 12.26.
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Answer:
4. the normal process of jobs being created and destroyed.
Explanation:
Frictional unemployment is unemployment that is related to switching of jobs also called transitional unemployment. It occurs when workers leave jobs and get jobs as a result of normal labor tunover in a healthy economy.
In a growing economy frictional unemployment is the lowest type of employment bad there are abundant opportunities for workers.
Quitting a job is a voluntary type of frictional unemployment, while when an employee bis fired it is involuntary type of frictional unemployment.
Answer:
Sam must report $700,000 distribution from Silver on his Income report.
Explanation:
The sale of the land is made by the corporation and the corporation is a tax payer therefore any gains and losses are for the company to pay tax on.
The deficits in the E&P are for Silver to take into account when about to pay taxes.
The basis of $200,000 is not income but cost and subtracted on the distribution income as is for Sam.
Answer:
Brian's demand is perfectly inelastic.
Crystal's demand is unit elastic.
Explanation:
Given that
Brian said = 10 gallons of gas
where, Crystal says = $10 worth of gas
By seeing the above information, we concluded that the Brain's demand is perfectly inelastic as the demand of the gallons are fixed
And, the crystal demand is unitary elastic as the expenditure would remain unchanged or fixed
In addition, the perfectly inelastic is when elasticity is zero
, and unitary elastic is when elasticity is equal to one
