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lys-0071 [83]
3 years ago
7

A random sample of 81 automobiles traveling on a section of an interstate showed an average speed of 60 mph. The distribution of

speeds of all cars on this section of highway is normally distributed, with a standard deviation of 13.5 mph. Refer to Exhibit A. If we are interested in determining an interval estimate for μ at 86.9% confidence, the z value to use is _____.
a. 1.96
b. 1.31
c. 1.51
d. 2.00
Business
1 answer:
rjkz [21]3 years ago
4 0

Answer:

so correct option is c. 1.51

Explanation:

given data

random sample n = 81

average speed x = 60 mph

standard deviation σ = 13.5 mph

interval estimate  μ =  86.9%

to find out

the value of the z

solution

we have given  μ =  86.9%

so we get here z critical value for the confidence level =  86.9 %

we will use here standard normal table

so z value for 86.9% is 1.51

so correct option is c. 1.51

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When activity-based costing is used to apply overhead to products, support department costs are referred to as Group of answer c
Rainbow [258]

Answer:

Activity-based department costs

Explanation:

Activity Based Costing refers to a method : that allocates the cost of activities in organisation among produced goods & services, in proportion to that activity consumed by each good & service.

The model is  a better representative of particular goods & services production costs, unlike conventional cost methods - that divide the activity cost among each good or service equally. It assigns more indirect (overhead) costs into direct costs compared to Conventional Costing.

So, the approach states that overhead to products, supporting department costs - are referred to as <u>Activity Based</u> Department Costs

3 0
3 years ago
Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South Africa
Helen [10]

Answer:

<u>Licensing </u> is the correct answer.

Explanation:

Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.

Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.

Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.

8 0
3 years ago
Which is the most liquid form of money?
dalvyx [7]
The answer is A - I just took the test!
8 0
3 years ago
Read 2 more answers
A group of friends decided to divide the $800 cost of a trip equally among themselves. when two of the friends decided not to go
kykrilka [37]

Answer:

They were 10 friend

Explanation:

We can construct the equation system as follows:

\left \{ {{\frac{800}{friends} = a} \atop {\frac{800}{friends - 2} = a + 20}} \right.

we can solve for the number of friend by using subtritution:

\frac{800}{friends - 2} = \frac{800}{friends} + 20

800 = (\frac{800}{friends} + 20) \times (friends - 2)

800 = 800 - \frac{1600}{friends} + 20friends - 40

40 = 20 friends - 1600friends

friends(40 - 20 friends) +1,600 = 0

-20f^{2} + 40f + 1,600 = 0

we get a quadratic formula we solve for the positive root

f = 10

We know check if the root is correct:

800 / 10 = 80

800 / (10 - 2) = 100

8 0
3 years ago
What is the difference between a capital gains tax and an income tax?
Luda [366]

Answer:

C. One is assessed on the profit made from selling an asset; the

other is assessed on earnings from work or investments.

Explanation:

The capital gains tax occurs only if as a result of the sale of an asset there is a profit that is exceptional and differ from the primarily economic activity of the person that made the sell.

4 0
3 years ago
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