Answer:P value = 1 - 0.9793 = 0.0207
Explanation:
we can use Z value and normal distribution to find P value. P value is the area of beyond the value of Z value
sample mean (x.bar) = $52.20
Population mean (U) = $50
Sample Standard deviation (Sd) =$ 6.10
sample (n) = 25
Z =
=
Z = 2.50/1.22 = 2.049280328 = 2.049
area (normal distribution table) = 0.9793
P value = 1 - 0.9793 = 0.0207
Answer:
The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.
Explanation:
According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.
This means that according to the Huff theory, people will likely to purchase from a store which is present at a more attractive location and also the time taken to reach at that specific store is less. For example, I myself prefer going to Lulu Hypermarket over Panda Hypermarket because of the difference in the location of both the stores and also Lulu Hypermarket is more near to me than Panda Hypermarket. The location of Lulu is more attractive.
The most appealing approach to diminish or take out the
effect of paying duties on sets imported to an organization's dispersion
distribution center in Europe-Africa is to raise the organization's offering
cost of footwear in Europe-Africa by everything of the tax and pass all tax
costs along to the buyers of the organization's footwear, this system has the
upside of totally taking out the organization's presentation to import taxes in
Europe-Africa.
Teresa's decisions to stay with the business and work from home exemplify <u>"long-term strategic plans".</u>
A strategic plan with key long-term objectives fills in as a structure for settling on choices and gives a premise to arranging. Assembling a key arrangement can give the knowledge expected to stay with an on track by defining objectives and estimating achievements. By breaking down the data in the long term plan, administrators can roll out important improvements and set the phase for additionally arranging.
Answer:B. Opponents of active stabilization policy believe that significant time lag in both fiscal and monetary policy often excercebate economic fluctuations.
C. Advocate of active stabilization policy believe that the government can adjust monetary and fiscal policy to counter waves of excessive optimism and pessimism among consumers and business.
Examples of automatic stabilizer
A. Corporate income taxes
B. Personal income taxes
Explanation:
Stabilization policy helps to stabilize the economy during expansionary or deficit period however a lag in the implementation will surely affect getting the right outputs from the implementation.
The economy has inbuilt stabilizer s that tend to correct excessiveness in economy such as the personal and corporate tax . The federal fund rate will be adjusted as the need be to stabilizer the economy even though it can be used as a stabilizer but it's not an automatic stabilizer.
