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algol13
3 years ago
8

According to a study conducted by an​ organization, the proportion of americans who were afraid to fly in 2006 was 0.10. a rando

m sample of 1 comma 1001,100 americans results in 9999 indicating that they are afraid to fly. explain why this is not necessarily evidence that the proportion of americans who are afraid to fly has decreaseddecreased.
Business
1 answer:
faust18 [17]3 years ago
3 0

Answer:

This is not necessarily evidence that the proportion of Americans who are afraid to fly has  decreaseddecreased  because belowbelow  0.10 because the proportion of sample, is nothing very close to 0.10.

Explanation:

n = 1100

p = 0.10

Using the formula np(1-p), we will have

= 1100(0.10)*(1 - 0.10)

= 1100*0.10*0.90

= 99

99 ≥ 10

This satisfies normal distribution condition. That is, proportion of sample are normally distributed.

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Bagels and cream cheese are complementary goods. The price of flour, used to make bagels, has fallen. As a result, the equilibri
statuscvo [17]

Answer: When the price of the flour falls, the equilibrium price of the cream rises and the equilibrium quantity of the cream cheese also rises

Answer A is correct

Explanation:

if flour is cheaper, bagels are chepear so demand increases and both equilbrium price and equilibrium quantity rises

8 0
3 years ago
Select all that apply Given the accounts below, choose all of the ones that affect equity. (Check all answers that apply.) Multi
Nataly [62]

The accounts that affect equity are revenues, common stock, expense, and dividends.

The following information should be relevant for the equity:

  • If there is an increase in revenue so the equity is also increased.
  • If there is an increase in the common stock so the equity is also increased.
  • If the expense is increased so it decreased the equity.
  • If the dividend is paid so the equity is decreased

In this way, the equity account is affected.

Learn more about the equity here: brainly.com/question/3841249

3 0
3 years ago
Initial margin requirements are determined by:________
Goryan [66]

Answer:

b. the Federal Reserve System.

Explanation:

Initial margin refers to the deposit made by an investor with a broker, in order to open a margin account. The purpose of initial margin is security and collateral to ensure enough availability of cash in the trading account of the investor.

For instance an investor wants to purchase 4000 shares priced at 15$. In this case, he is supposed to deposit 50% of $60,000 i.e $30,000. The remaining $30,000 is contributed by the brokerage firm, regarded as borrowings on which the investor pays interest.

The initial margin limit is fixed by the Federal Reserve System.

3 0
4 years ago
BC 'n D just paid its annual dividend of $.60 a share. The projected dividends for the next five years are $.30, $.50, $.75, $1.
Lemur [1.5K]

Answer:

$7.60

Explanation:

Find PV dividend per year at 14% discount rate;

0.30 / 1.14 = 0.2632

0.50 / 1.14² = 0.3847

0.75 / 1.14³ = 0.5062

1 / (1.14^4) = 0.5921

1.20 / (1.14^5) = 0.6232

Find the PV of the terminal cashflow;PV = \frac{\frac{1.40}{0.14} }{(1.14)^{5} }  = 5.2308

Next, sum up the PVs to find the price of the stock today;

Price = 0.2632 + 0.3847 + 0.5062 + 0.5921 + 0.6232 + 5.2308

= $7.60

6 0
4 years ago
In perfect competition, the demand faced by a single firm is perfectly rev: 06_26_2018 Multiple Choice elastic, because the firm
LuckyWell [14K]

Answer:

elastic, because many other firms produce the same standardized product

Explanation:

A good has perfect price elasticity when a change in price leads to an infinite change of quantity demanded.

A perfect competition is when there are many buyers of homogenous goods and services. The sellers are price takers; prices are set by the market force.

A perfect competition has perfect price elasticity because goods sold are standardised and identical with other goods in the market. If the seller increases its price, it's demand would fall to zero as consumers would shift demand to other subsituite goods.

I hope my answer helps you.

3 0
3 years ago
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