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KATRIN_1 [288]
3 years ago
15

A hospital conducted a study of the waiting time in its emergency room. The hospital has a main campus and three satellite locat

ions. Management had a business objective of reducing waiting time for emergency room cases that did not require immediate attention. To study this, a random sample of 15 emergency room cases that did not require immediate attention were selected at each location on a particular day, and the waiting times were collected and stored – see dataset ERWaiting (the same dataset in both 13th and 14th edition, use either one). a) At the 0.05 level of significance, is there an evidence of a difference in the mean waiting times in the four locations? b) If appropriate, determine which pairs of locations differ in mean waiting time. c) At the 0.05 level of significance, is there an evidence of a difference in the variation in waiting times among the four locations?

Business
1 answer:
Talja [164]3 years ago
3 0

Answer:

Answer for the question:

A hospital conducted a study of the waiting time in its emergency room. The hospital has a main campus and three satellite locations. Management had a business objective of reducing waiting time for emergency room cases that did not require immediate attention. To study this, a random sample of 15 emergency room cases that did not require immediate attention were selected at each location on a particular day, and the waiting times were collected and stored – see dataset ERWaiting (the same dataset in both 13th and 14th edition, use either one). a) At the 0.05 level of significance, is there an evidence of a difference in the mean waiting times in the four locations? b) If appropriate, determine which pairs of locations differ in mean waiting time. c) At the 0.05 level of significance, is there an evidence of a difference in the variation in waiting times among the four locations

is explained in the attachment.

Explanation:

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Querrey Incorporated and Ronno Incorporated conduct business in a foreign country that imposes a 3 percent VAT. Querrey produces
4vir4ik [10]

The answer is The amount of VAT payable to both the business are:

VAT payable by Querrey Inc. is $11,16,000

VAT payable by Ronno Inc. is $3,72,000

What is the computation of VAT payable?

  • For Querrey Inc.Sales Revenue = 12, 400, 000units* $9F = $11, 16, 00, 000
  • VAT on Sales = $11, 16,00,000* 3%
  • $33,48,000
  • VAT on Material 12, 400, 000units * $6: = $22, 32,000
  • For Ronno Inc.Sales Revenue = 12, 400, 000units $10= $12, 40, 00, 000
  • VAT on Sales = $12, 40,00,000* 3%
  • $37,20,000
  • VAT on Purchase = 12,400,000units* $9= $33, 48,000

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8 0
1 year ago
According to our Lecture, which of the following strategic concepts allow firms to achieve their missions?A) productivity, effic
Lynna [10]

Answer:

Answer is B. Differentiation,cost leadership and response.

Explanation:

The accepted course of action, which was as a result of the estimate of the strategic situation.

6 0
3 years ago
Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the govern
Rufina [12.5K]

Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.

What is market failure?

When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.

Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.

The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.

As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.

Learn more about on market failure, here:

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3 0
2 years ago
The portfolio with the lowest standard deviation for any risk premium is called the_______. A.efficient frontier portfolio B.CAL
Kryger [21]

Answer:

The right approach is Option C (global minimum variance portfolio).

Explanation:

  • A completely-invested portfolio with either a low uncertainty factor seems to be the GMV portfolio. This same GMV portfolio corresponds to or is situated mostly on the left end including its FI-efficient frontier.
  • Although aside from either the full-investment requirement, no restrictions are enforced, the GMV portfolio deals for analytical portrayal.

The latter options offered are not relevant to something like the scenario presented. So that is indeed the correct solution.

7 0
3 years ago
The Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original
mariarad [96]

Answer:

Option (C) is correct.

Explanation:

Given that,

Actual direct labor hours = 8,200

Actual rate = $12.40 per hour

Original  production = 1,100 units

Actual units produced = 1,000

Labor  standards = 7.6 hours per completed unit

standard rate = $13.00 per hour

Labor time variance:

= (Standard hours - Actual hours) × Standard rate

= (1,000 × 7.6 - 8,200) × $13

= 7,800 Unfavorable

3 0
3 years ago
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