1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
soldier1979 [14.2K]
3 years ago
14

Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase

daily sales. To determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. They found that the average daily sales were $6,300 per day. From past history, the restaurant knew that its population standard deviation is about $1,000. If the level of significance is 0.01, have sales increased as a result of the advertising campaign?

Business
1 answer:
lutik1710 [3]3 years ago
3 0

Answer:

Yes, sales have increased as a result of the advertising campaign.

Explanation:

Find attached the explanation.

Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.

You might be interested in
Leah, Inc., is proposing a rights offering. Presently there are 1,000,000 shares outstanding at $78 each. There will be 100,000
Anvisha [2.4K]

Answer:

the new market value of the company is $85,000,000

Explanation:

The computation of the new market value of the company is shown below:

= Number of shares × price per share + new shares × price per share

= 1,000,000 × $78 + $70 × 100,000

 = $85,000,000

Hence, the new market value of the company is $85,000,000

We simply applied the above formula so that the correct value could come

3 0
3 years ago
Which of the following is NOT an element of the marketing mix?
frosja888 [35]

Answer: Option D

Explanation: The set of activities done by a company for marketing its product is called marketing mix. These are the factors that affect the marketing results of the entity and should be considered thoroughly while decision making.

Seven elements of marketing mix are :-

1. Product

2. Price

3. Place

4. Promotion

5. Packaging

6. Positioning

7. People

THUS, DISTRIBUTION IS NOT ITS PART.

4 0
3 years ago
Suppose the interest rate on a 1-year T-bond is 5.00% and that on a 2-year T-bond is 7.00%. Assume that the pure expectations th
Tasya [4]

Answer: 9.04%

Explanation:

1 year rate today = 5% = 0.05

2 years rate today = 7% = 0.07

Maturity of longer bond = 2

The ending return if the 2 years bond are bought will be thesame as the needed return on series of a year bond which will be 1.1449

The market's forecast for 1-year rates 1 year from now will be calculated as:

= 1.05(1+X) = 1.1449

1.05 + 1.05X = 1.1449

1.05X = 1.1449 - 1.05

1.05X = 0.0949

X = 0.0949/1.05

X = 0.090381

X = 9.04%

5 0
3 years ago
Which of the following strategies is represented by McDonald’s experimenting with their traditional menu, as well as changing th
Harman [31]

Answer:

In the United States. McDonald’s spends the biggest slice of their budget. The company does many new product trials and innovation in its home country, where it has the biggest audience. The company’s advertising is typically skewed to children in the United States, where McDonald’s produces about 250 ads annually.

In Japan. The company’s ad campaigns are widely different. The Japanese ads are focused on adults as well as children, with some features that are unique to the locale’s culture.

6 0
3 years ago
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare
vazorg [7]

Answer:

c. Mobile Retailing.

Explanation:

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.

Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.

4 0
3 years ago
Other questions:
  • How many method(s) of distributing goods and services can satisfy all wants.?
    10·2 answers
  • g Assume the GDP deflator falls from 162 to 157. This means that Group of answer choices the average price level is growing more
    14·1 answer
  • The HVAC engineer for a company that constructed one of the world’s tallest buildings requested that $500,000 be spent on softwa
    15·1 answer
  • You are a financial adviser working with a client who wants to retire in eight years. The client has a savings account with a lo
    10·1 answer
  • Fresh fish is not an effective form of money. What essential characteristic of money does fresh fish lack that most makes it ine
    12·1 answer
  • You work in the human resource department at the headquarters of a multinational corporation based in the US. Your company is ab
    13·1 answer
  • A put option with several months until expiration has a strike price of $55 when the stock price is $50. the option has _____ in
    13·1 answer
  • A contractor who agrees to undertake work without being under the direct control or direction of another and is personally respo
    10·1 answer
  • The concept of productivity can be reduced to this practical rule: The more you can produce (output) in any period of time (inpu
    11·1 answer
  • Under a fixed exchange rate system, the government bears the responsibility to ensure that the BOP is near zero. If the sum of t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!