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seraphim [82]
3 years ago
10

You may read in the newspaper that a study of a new drug for cancer “increased survival by an average of 8 weeks.” It turns out

that this is a median, and it is used for complicated statistical reasons. But in a perfect world, would you prefer to know the increase in mean or median survival?
Business
1 answer:
Talja [164]3 years ago
3 0

Answer:

Explanation:

Depends on the sample size.

Lots of people, median

Few probably neither is very helpful, but I'll pick the mean.

You need a single word answer? I'll pick median.

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Which action should be the first step in dealing with a problem concerning a product or service you purchased? writing a letter
KatRina [158]
The first thing you need to do when you encounter a product or service you purchased is to make a phone call or go back to the store where you bought the product or service. This way immediate attention will be given to your concern. 

If there is a delay in the resolution of your product or service defect, it is better to write a letter of complaint after making a phone call. This is to ensure that your complaint is properly documented. 



3 0
3 years ago
Read 2 more answers
a company had net cash flows from operations of $139,000, cash flows from financing of $368,000, total cash flows of $557,000, a
Vanyuwa [196]

The Cash flow on total assets ratio equals 3.8%.

Cash flow on total assets = cash flows from operations / average total assets

= 139,000 / 3,640,000 = 3.8%

A measure of profit called cash flow on total assets measures actual cash flows to the assets of the business without taking into account income recognition or income measurements. By dividing operating cash flows by average total assets, one can obtain the cash flow on total assets ratio. There may be a considerable reason for concern if the ratio falls below 10%. For a business to sustain long-term growth, it is necessary to have a positive cash flow, which essentially implies that more money goes into the till than it does out.

Learn more about Cash flow here:

brainly.com/question/28238360

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6 0
1 year ago
A jewelry salesman earns a commission of 25% of all jewelry sales made. Yesterday he sold 5 bracelets for $60 each and 4 rings f
NISA [10]
He made $115 because 25% of 40 is 10. multiply 10 by 4 rings to get 40. 25% of 60 is 15. multiply 15 by 5 to get 75. add 40 to the 75 to get $115.
7 0
3 years ago
valle crucis corporation wanted to determine the relationship between its monthly operating costs and a potential cost​ driver,
Vlada [557]

The closest to the total cost if the firm uses​ 6,000 machine​ hours is $2,945.95.

<h3>What is regression analysis?</h3>

The term regression analysis is defined as a combination of statistical methods utilised for the for the relation between a variable which is not dependent and a variable which is dependent.

The prediction errors that will be represented by vertical lines from regression line to the point.The main purpose or aim of regression analysis is to confirm the value of the variable which is dependent. The second objective of regression line is to calculate the effect of elaborately variable on the variable which is dependent.

Therefore,the closest to the total cost if the firm uses​ 6,000 machine​ hours is $2,945.95.

Learn more about regression analysis here:

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5 0
2 years ago
Copy equipment was acquired at the beginning of the year at a cost of $50,320 that has an estimated residual value of $4,600 and
UkoKoshka [18]

Answer:

Annual depreciation= $11,520

Explanation:

Giving the following information:

Purchase price= $50,320

Salvage value= $4,600

Estimated copies= 1,143,000

<u>First, we need to calculate the depreciable value:</u>

Depreciable value= purchase price - salvage value

Depreciable value=  50,320 - 4,600

Depreciable value= $45,720

<u>Now, the depreciable rate:</u>

Depreciable rate= depreciable value / /useful life of production in copies

Depreciable rate= 45,720/1,143,000

Depreciable rate= $0.04 per copie

<u>Finally, the annual depreciation:</u>

Number of copies= 288,000

Annual depreciation= 0.04*288,000

Annual depreciation= $11,520

3 0
2 years ago
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