Answer:
A. Check attachment for proportion hypothesis test
B. Type I error is to conclude that less than 50% of adults in Suva have a will when actual probability is less than 0.5
Probability of type I error= significance level= 0.05
C. If type I error is zero, then we would not be able to reject the null hypothesis
Answer:
$427.50
Explanation:
To calculate an employee`s gross pay start bay identifying the amount owed each pay period.
Hourly employees multiply the total hours worked by the hourly rate plus overtime and premium dispersed.
so: $9 * 40 hours = $360
5 *13.5= $67.5
Total: $427.5
Answer:
Per unit cost will be $197.5
Explanation:
We have given number of units produced = 800
Direct material cost added in January = $74000
And conversion cost added in January = $84000
So total cost = $74000+$84000 = $158000
We have to find the per unit cost of product produced
So per unit cost is given by total cost divided by total number of units produced
So per unit cost
Answer:
understate the impact of a tax for substitutes and overstate the impact for complements.
Explanation:
Partial equillibrum analysis is consideration of only a part of the market to attain equillibrum. It is based on data that has restricted range. For example when the price of one good changes while others are held constant. This does not consider real life scenario that multiple prices are changing.
In this type of analysis there is less emphasis on tax on subsititutes and more for complements. This is because a single product is being considered and compliments share similar demand pattern so they are considered more.
The answer is is that installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, eg mensual)