Calculate the sample proportion (198 yes responses out of 316).
We want to test against a sample size of n = 2200 daily passengers.
In order to use the normal distribution, we should satisfy
2200*0.6266 = 1378.5
2200*(1-0.6266) = 821.5
We may use the normal distribution.
Let us use a 95% confidence interval.
The estimate for the population proportion is
where z* = 1.96 at the 95% confidence level.
Therefore
p = 0.6266 +/-0.0202 = (0.6064, 0.6468)
Answer:
At the 95% confidence level, about 60% to 64% of regular passengers will buy snacks on the train.
Answer:
10,238.08
Explanation:
Data provided as per the question
Annual payment = $30,000
Implicit lease = 11%
The computation of per equal payment is shown below:-
Four equal annual payment and $1 = 3.10245
Present value = $30,000 × 3.10245
= 93,073.5
First year interest expense = 93,073.5 × 11%
= 10,238.08
Therefore the first year interest expense = 10,238.08 and hence option is not available. Also there is misprint of 11% so I corrected.
Any entrepreneurs that have the ability to effectively confront demands or stressors, and thus improve entrepreneurial performance, tend to have an <u>entrepreneurial self-efficacy</u>.
<h3>Who is an
entrepreneurs?</h3>
This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea usually entails a new product or service rather than an existing business model.
When an entrepreneur have a self-efficacy, it means he/she belief in his or her capacity to execute behaviors necessary to produce specific performance attainments.
Read more about entrepreneurs
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The longer the period of time the higher the interest rate
<span>The display of authority by the manager can hinder the organization growth further. The manger has to understand the interdependency and cordialness of the team members which would help him solve complex situations. It seems that Connie and her staff are not on right track to prevent any mishap. A good interactive middle management team would be more helpful than a top down scenario.</span>