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creativ13 [48]
3 years ago
7

Suppose that in a certain community, 40% of the residents would answer "yes" to the question, "do you know the names of at least

five other people who live on your block?" suppose you plan to take a random sample of 100 people from this community and calculate the proportion of people in your sample whose response to this question is "yes".
Business
1 answer:
juin [17]3 years ago
7 0

Answer:

The proportion of people in your sample whose response is yes=40 people

Explanation:

<em>Step 1: Determine the statistical proportion that will say yes</em>

Proportion=40%=40/100=0.4

<em>Step 2: Determine the proportion in the sample that will say yes</em>

The proportion in the sample can be expressed as;

P=S×Z

where;

P=proportion in the sample

S=statistical proportion

Z=sample size

In our case;

P=unknown to be determined

S=40%=40/100=0.4

Z=100

replacing;

Proportion in the sample=0.4×100=40

The proportion of people in your sample whose response is yes=40 people

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Suppose the total market value of all the final goods and services produced in the country of Cannedada was $4 billion in 2008 (
Elena-2011 [213]

Answer:

D. The change in real GDP cannot be determined without more information.

Explanation:

GDP is the total value (P X Q) of final goods & services produced in an economy during a period of time.

Real GDP is measured at constant base year price level, such that it reflects change only due to quantity & not price rise (inflation).

Nominal GDP is measured at current year price level, it reflects change due to both quantity & price rise (inflation).

Nominal GDP / Real GDP =  GDP Deflator. It measures the average price level change in current period relative to base period, helps eliminating price change effect & converting Nominal GDP into Real GDP .

Cannedada: 2018 Nominal GDP = $4 Billion, 2019 Nominal GDP = $5 Billion

Nominal GDP has increased between 2008 & 2009. Production rise between 2008, 2009 cant be found without 2009 Real GDP.  Average price level rise between 2008 & 2009 cant be found without 2009 Real GDP (through GDP deflator).

4 0
3 years ago
The free rider problem is a situation in which A. one agent secures benefits that others pay for B. all of the above. C. none of
vfiekz [6]

Answer:

b).  one agent secures benefits that others pay for.

Explanation:

The free-rider problem is described as the problem when some individuals consume or take the benefit of a resource without paying for it. in this problem, one agent is being benefitted from the resources that the others are paying for. This creates a load on a shared resource and eventually causes market failure. In order to cope with this problem, the organizations must ensure a fair distribution of resources and their benefits as per the payment made by the agents. Therefore, option B is the correct answer.

4 0
3 years ago
Bond valuation [LO14-2] Your investment department has researched possible investments in corporate debt securities. Among the a
Sonbull [250]

Answer:

Bond Valuation

Other things being equal, the bond issue that offers the most attractive investment opportunity if it can be purchased at the prices stated is:

= BB Corp. bonds.

Explanation:

a) Data and Calculations:

Maturity period = 20 years

Issue date = January 1, 2021

Maturity date = December 31, 2040

Company      Bond Price       Stated Rate  Annual Interest    FV

1. BB Corp.    $ 107 million           15 %          $15 million     $3,518,371,301.23

2. DD Corp.  $ 100 million           14 %           $14 million    2,827,106,832.58

3. GG Corp.  $ 93 million             13 %          $13 million    2,260,756,079.53

From an online financial calculator, the future values of the bonds are:

N (# of periods)  20

I/Y (Interest per year)  15

PV (Present Value)  107000000

PMT (Periodic Payment)  15000000

Results

FV = $3,518,371,301.23

Sum of all periodic payments $300,000,000.00

Total Interest $3,111,371,301.2

N (# of periods)  20

I/Y (Interest per year)  14

PV (Present Value)  100000000

PMT (Periodic Payment)  14000000

Results

FV = $2,827,106,832.58

Sum of all periodic payments $280,000,000.00

Total Interest $2,447,106,832.58

N (# of periods)  20

I/Y (Interest per year)  13

PV (Present Value)  93000000

PMT (Periodic Payment)  13000000

Results

FV = $2,260,756,079.53

Sum of all periodic payments $260,000,000.00

Total Interest  $1,907,756,079.53

8 0
3 years ago
During its first year of operations, Silverman Company paid $12,385 for direct materials and $10,600 for production workers' wag
Bingel [31]

Answer:

Finished goods inventory final balance= 12, 495

Explanation:

PRODUCTION COST COMPONENTS

  • Direct materials 12,385  
  • Direct work 10,600  
  • Lease and utilities 9,600

TOTAL PRODUCTION COST = 32,585

TOTAL UNITS PRODUCED = 6,650

UNIT COST= (Total Production Cost / Total Units Produced) = 32,585 / 6,650 = 4.9  

FINAL GOODS INVENTORY = (Total Units Produced – Total Units Sales) = 6,650 – 4,100 = 2,250

FINAL GOODS INVENTORY AMOUNT = (Final goods Inventory * Unit Cost) = 2,250 * 4.9 = 12,495

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4 years ago
At any given hotel, one of the largest departments is housekeeping.
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Answer:

True

Explanation:

3 0
2 years ago
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