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olga2289 [7]
3 years ago
5

The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who w

ould have purchased a passengerside inflatable air bag if it had been available for an additional cost of $300. The manager believes from previous information that the proportion is 0.30. Suppose that a survey of 200 new compact-car owners is selected and 79 indicate that they would have purchased the inflatable air bags. If you were to conduct a test to determine whether there is evidence that the proportion is different from 0.30 and decided not to reject the null hypothesis, what conclusion could you draw? Group of answer choices
A)There is not sufficient evidence that the proportion is not 0.30.
B)There is sufficient evidence that the proportion is 0.30.
C)There is sufficient evidence that the proportion is 0.30.
D)There is not sufficient evidence that the proportion is 0.30.
Business
1 answer:
scoray [572]3 years ago
6 0

Answer:

A)There is not sufficient evidence that the proportion is not 0.30.

Explanation:

When carrying out a statistical test, we always have two types of hypothesis which include null hypothesis and alternative hypothesis. The two hypotheses are opposite of each other, if one rejects one, he/she must accept the other. If the null hypothesis is accepted, it means that there is no statistical significance of the claim. In this case, the null hypothesis is accepted meaning that there is not sufficient evidence that the proportion is not 0.30. Hence, the correct answer is A

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Advise florence and her team on how they can convince the staff using john kotters theory to lead change
mestny [16]
John kotters theory consist of 8 steps processes for leading change.

Change is hard.

Especially if we wanted to change something that deeply immersed in our habit. Florence and her team cannot just tell and force the staff to change. They have to be patient and implement the correct ways to the changes in order for it to be happen.
8 0
3 years ago
Mike's Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I
Lapatulllka [165]

Answer:

Mike's Motors Corp.

Cash Budget

                                             July             August        September

Beginning balance          $41,000          $30,000          $30,000

Cash receipts                   92,000            118,000           157,000

Total cash available      $133,000         $148,000        $187,000

Cash payments              120,000           106,900           134,400

Interest/Loan repayment                         11,100              6,602

Cash balance                    13,000            30,000            45,998

Cash to borrow                 17,000                      0               0

Minimum cash balance $30,000          $30,000          $30,000

Explanation:

a) Data and Calculations:

Minimum cash balance = $30,000

Interest rate on borrowings = 3% per month

Beginning cash balance = $41,000

Cash Budget

                                           July             August        September

Beginning balance        $41,000          $30,000          $30,000

Cash receipts                 92,000            118,000           157,000

Total cash available    $133,000         $148,000        $187,000

Cash payments            120,000           106,900           134,400

Interest/Loan repayment                         11,100              6,602

Cash balance                  13,000            30,000            45,998

Cash to borrow               17,000                      0               0

Minimum cash balance 30,000            30,000            30,000

Loan repayment:

In August:

Interest is paid =   $510 ($17,000 * 3%)

Loan is repaid = 10,590

Total paid =        $11,100

Balance of loan unpaid = $6,410 ($17,000 - 10,590)

In September:

Interest on loan = $192 ($6,410 * 3%)

Loan repaid =     6,602 ($6,410 + 192)

6 0
2 years ago
Changes in the economic, political, legal, and technological global system that may affect an organization are ______ forces. Fo
ioda

Answer:

International Forces

Explanation:

These are international forces which are part of the organization environment in which the organization grows. These rapidly the companies the way it trades in the national and international environment. What do you think if till today a company is still manufacturing ambassador car with the same old technology, will you buy? Of course not because its speed is below 72mph and that it is very uncomfortable and also that young generation don't like it. Furthermore these are the things which are present in the organization environment and need to be tackled by the company by enhancement in its processes and adopting to change. In cold wear dresses that keeps you body temperature in control.

7 0
3 years ago
Which of the following is a pair of events which are mutually exclusive?
Lemur [1.5K]

Answer:

C. Sleeping in late and waking up early.

Explanation:

Two or more events are said to be mutually exclusive if and only if they can't happen at the same time.

Going with the above brief analysis, we.can easily say which of the pair of events is not mutually exclusive.

1. Rolling a 4 on a six-sided die and on a four-sided die

It's 100% possible to have an outcome of 4 when a 4 sided die and when a 6 sided die are rolled, whether at the same time or on different occasions. So, this pair of events are not mutually exclusive

2. Making rice and making corn

This pair of events are not mutually exclusive because it's possible to make rice and corn at the same time either together as a meal or separately using different cooking utensils

3. Sleeping in late and waking up early

This pair of events are mutually exclusive. This is so because literally, it's not possible to sleep late and wake up early at the same time.

You sleep early to wake early and you sleep late to wake late.

4. Going to work and riding the bus.

This pair of events are not mutually exclusive because they can occur at the same time when you go to work a bus.

So, option C is the correct answer

4 0
3 years ago
Mega Mart is a part of a business unit that has grown very slowly over the years. According to your local business newspaper, th
arlik [135]
The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low. 

Business unit that has grown very slowly.
They have a very low share.<span>
</span>
8 0
3 years ago
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