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Serjik [45]
3 years ago
15

Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in the organizatio

n. Support your response with a specific example. In replies to peers, provide an additional example that supports the ideas presented.

Business
1 answer:
Lilit [14]3 years ago
5 0

Answer:

Explanation:

For example: Suppose you want to check the average working hour of employees. You may think that the average duration of an employees is 7.6 hours. You want to check this claim so you collect a sample of 20 employees and note their duration of work. (please check attached file for this, and continue)

NULL HYPOTHESIS H0:u= 7.6 HOURS

ALTERNATIVE HYPOTHESIS Ha: ≠7.6 HOURS

alpha=0.05

t= 7.765-7.6/1.25/sqrt(20)

t= 0.165/1.25/4.47

t= 0.165/0.28

t= 0.589

degrees of freedom= n-1=20-1=19

t critical = 2.09

Since t critical is GREATER than t calculated therefore we fail to reject null hypothesis H0.

From this we can conclude that We don't have enough or sufficient evidence to say that the mean working duration is different than 7.6 hours.

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Answer:

$4,697.04

Explanation:

In simple words , this question requires us to find the Future Value in 5 years time. We compound the Present Value using the effective interest rate to determine the Future Value of an investment.

<em>PV = $3,000.00</em>

<em>P/YR = 12</em>

<em>N = 5 x 12 = 60</em>

<em>I = 9 %</em>

<em>PMT = $0</em>

<em>FV = ?</em>

Using a Financial calculator to enter the parameters as above the Future Value (FV) is $4,697.04

therefore,

In 5 years time, you will have $4,697.04.

8 0
2 years ago
Which is NOT an indicator of a country's economic health? A. GDP B. standard of living
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7 0
3 years ago
Read 2 more answers
Western company begins the year with $50,000 of inventory on hand. During 2018, western purchases additional inventory for $100,
slava [35]

Answer:

Debit cost of goods sold $40,000

Explanation:

As with the details of inventory we have:

Opening value of inventory = $50,000

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On the closing date we have the balance of inventory in hand = $110,000

Therefore, cost of goods sold = Total inventory - Closing

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Cost of goods sold is an expense, and shall be debited.

8 0
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The cash conversion cycle is computed as:
Anna [14]

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

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