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
Grace [21]
3 years ago
6

The reason that we want to develop a confidence interval for the population mean is because:_____.

Business
1 answer:
Bogdan [553]3 years ago
4 0

Answer:

3. the sampling distribution of the sample mean is normally distributed.

5. the value of the sample mean varies from sample to sample.

Explanation:

We develop confidence interval for population mean because

a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough

B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.

You might be interested in
Consider a production possibilities frontier (PPF) with good X on the horizontal axis and good Y on the vertical axis. The PPF i
Ahat [919]

Answer:

C

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve

8 0
4 years ago
List three things you should look for when hiring a tax professional.
Alja [10]
They're qualified and have the right certifications. ...

They're available all year. ...

They understand your financial goals. ...
8 0
2 years ago
During 2019, John was the chief executive officer and a shareholder of Maze, Inc. He owned 60% of the outstanding stock of Maze.
harina [27]

Answer:

Throughout the clarification segment elsewhere here, the definition of the concern is outlined.

Explanation:

  • Yes, Mr. John becomes qualified to something like a bad debt benefit for the balance including its interest made on either the loan.
  • Although Maze is obligated to declare the same here in his tax filing throughout respect including its loan lent over him from the United National Bank mostly as professional and non-borrower.
8 0
4 years ago
The manager of Calypso, Inc. is considering raising its current price of $30 per unit by 10%. If she does so, she estimates that
g100num [7]

Answer:

Demand would have to drop by 27,500 units and above

Explanation:

<em>With a proposed increase in price of 10%, Calypso would like break-even, that to ensure that its total revenue covers its total fixed costs. . This would mean the minimum quantity should be that which will produce a total contribution that  covers the total fixed cost. And would produce a profit of zero.</em>

<em>New selling price after  10% Increase  = 110% × $30 =</em><em> $33</em>

Minimum quantity = Total fixed / contribution per unit

<em>Contribution per unit = selling price - variable cost per unit</em>

                                 = $33 - $25

                                  = $8 per unit

<em>Minimum quantity = Total fixed cost/contribution per unit</em>

                              = 180,000/ 8

                            =  22,500 units

<em>The decrease in demand = Current quantity - minimum quantity</em>

                                = 50,000 - 22,500

                                =  27,500 units

Demand would have to drop by 27,500 units and above

                             

3 0
4 years ago
The use of teams is becoming increasingly prevalent in the U.S. workplace, partly because of the many benefits associated with t
saveliy_v [14]

Answer:

The answer is:

  • Better customer satisfaction
  • Greater employee job satisfaction

Explanation:

The advantages of work teams include

  • <u>better customer satisfaction</u> and
  • <u>greater employee job satisfaction</u>.

<u>Better customer satisfaction:</u>

Work teams can be trained to meet the needs of specific customers. Teams also help to improve the product and service quality in different ways and also take direct responsibility for their products and services. All these help to improve customer satisfaction.

<u>Greater employee job satisfaction:</u>

Team work helps the employees in work teams to improve their skills through cross training. Their capabilities also increases and makes their work more interesting. All these help to increase job satisfaction. They also enjoy job satisfaction through unique job responsibilities acquired through work teams. Social loafing is a disadvantage of work teams and they also have the disadvantage of initial high employee turnover.

8 0
4 years ago
Other questions:
  • How does Wikipedia work? What is different about this operation from other encyclopedias?
    6·2 answers
  • Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would u
    5·1 answer
  • In a transaction that is subject to a licensee buyout agreement, if the buyer defaults the seller may:
    12·1 answer
  • Cosby uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs
    13·1 answer
  • Do you have for alikay naturals to improve or replace moisturizing black soap shampoo
    6·2 answers
  • What type of tax does the federal government collect
    15·1 answer
  • If you are an HR Manager , which among these rating sources do you believe in the most crucial?
    5·1 answer
  • Purpose of corporate management​
    11·1 answer
  • How long will it take my investment to grow calculator
    11·1 answer
  • Howard (71), a retired single taxpayer, received a monthly pension of $2,500 ($30,000 annually). He did not contribute any after
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!