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vova2212 [387]
3 years ago
14

In a sample of 800 students in a university, 160, or 20%, are Business majors. Based on the above information, the school's pape

r reported that "20% of all the students at the university are Business majors." This report is an example of _________.
Business
1 answer:
polet [3.4K]3 years ago
4 0

Answer:

<u>Statistical Inference</u>

Explanation:

Sampling refers to a form of statistical analysis wherein some items from the whole population are selected for analysis, the results of which would represent the collective result had all the observations been selected and subjected to analysis.

Sampling risk is inversely related to the size of the sample.  Higher the sample size, more accurate would be the results and thus lesser the sampling risk.

In the given case, the sample size is 800 students. The results derived from the analysis of the said sample have been construed to be true for all the students of the university which includes those students which did not form part of the sample size.

This is referred to as statistical inference as sampling being a statistical tool.

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Sam, Joe, Lynn, and Kori are four business colleagues traveling together on a business trip. There are four adjacent seats avail
Pepsi [2]

Answer:

  • A. Sam, Joe, Lynn, Kori
  • B. Kori, Lynn, Sam, Joe

Explanation:

The constraints we have are two in number.

1. Sam and Kori cannot sit next to each other

2. Lynn and Kori need to sit next to each other.

Both options A and B satisfy both these constraints because Sam and Kori are seated apart and Lynn and Kori are seated together.

Option C satisfies only one constraint which is that Kori is sitting next to Lynn. She is sitting next to Sam however so this option is wrong and by extension, so is option D as well.

4 0
2 years ago
At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subjec
Anettt [7]

Nate finds the language of the contract to buy bedroom furniture difficult to understand due to "procedural unconscionability".

<h3>What is procedural unconscionability?</h3>

Unconscionability that results from the contract-making process rather than from a contract's terms that are inherently unfair or unreasonable

Examples of Procedural Unconscionability is-

  • influencing an underprivileged party who would not have otherwise signed the contract to do so.
  • minimising important clauses in contracts for the sake of the underdog.
  • If one side uses threats of violence against the other party, his family, or friends, this is known as coercion.

Therefore, Procedural unconscionability is based on elements that deprive a party of a meaningful choice, such as customer ignorance or a significant amount of unclear fine print.

To know more about elements required in contract-making, here

brainly.com/question/8116487

#SPJ4

6 0
1 year ago
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project m
gizmo_the_mogwai [7]

Answer: The common constraints faced by project managers are project scope, cost and time.

Explanations:

The three main constraints faced by project managers are the project scope, cost and time. These constraints affect the quality of a project. In high quality projects, the product is delivered within its scope at the required budget and on time.

The constraints are usually connected to one another. For example, an increase in the project scope will require an increase in cost and time. Also, accelerating the project timeline may lead to a reduction in the project costs but also lower the scope.

A trade off in project occurs when one constraint is reduced so as to increase another constraint. For trade-offs to be successful, project managers should take time to scrutinize the organization's objectives and the expectations of the project by using a structure that allows the project manager look at other options for the constraints and find the greatest balance among the constraints and organizational goals.

6 0
3 years ago
Work in Process, May 31 (75,000 units, 100% complete for direct materials; 20% complete for conversion costs). Costs incurred in
Anettt [7]
The answer may be 5 but roynd to the nest 10
6 0
3 years ago
What is the YTM of a bond if it is sold for $1,029.33, pays a semi-annual coupon of $40, and matures in 15 years? Round to the n
galben [10]

Answer:

The YTM of a bond is 7.67%

Explanation:

From a financial calculator, plug the following figures:

PV = -1029.33

PMT = 40

N = 15*2

   =30

FV = 1000

CPT I/Y =3.834%

Then:

YTM = 3.834*2

        = 7.67%

Therefore, The YTM of a bond is 7.67%

3 0
3 years ago
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