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BigorU [14]
3 years ago
7

The costs that are incurred when a good is purchased in one market and resold in a different market are known as:

Mathematics
1 answer:
andreev551 [17]3 years ago
5 0
I believe that this is known as transaction costs since the definition of this is 
the cost of going into another market
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Answer:

The confidence interval for the proportion of production lines that caused defects is (0.07, 0.09).

Step-by-step explanation:

A confidence interval for a population proportion is a function of the sample proportion and the margin of error.

The interval has two bounds, a lower bound and an upper bound.

The lower bound is the sample proportion subtracted by the margin of error.

The upper bound is the margin of error added to the sample proportion.

In this problem, we have that:

Sample proportion 0.08

Margin of error 0.01

0.08 - 0.01 = 0.07

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For question 1:

Part i)

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Step-by-step explanation:

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