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Natali5045456 [20]
4 years ago
6

Sometimes consumers have second thoughts after buying goods that are expensive, infrequently purchased, or associated with a hig

h level of risk. this is an especially critical time for marketers, as their customers are dealing with:
Business
1 answer:
frosja888 [35]4 years ago
7 0
<span>This is an especially critical time for marketers, as their customers are dealing with buyer's remorse. Marketers may struggle to sell more goods or products to consumers, especially if the products are expensive. Consumers will not want to risk buying something they will regret again, so they will be less willing to spend money. The marketer must figure out a way to convince consumers to spend money or their profits will suffer. Engaging advertisements are a good solution to this problem.</span>
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A monopolist finds that a person’s demand for its product depends on the person’s age. The inverse demand function of someone of
KiRa [710]

Explanation:

A manufacturer of computer memory chips produces chips in lots of 1000. If nothing has gone wrong in the manufacturing process, at most 7 chips each lot would be defective, but if something does go wrong, there could be far more defective chips. If something goes wrong with a given lot, they discard the entire lot. It would be prohibitively expensive to test every chip in every lot, so they want to make the decision of whether or not to discard a given lot on the basis of the number of defective chips in a simple random sample. They decide they can afford to test 100 chips from each lot. You are hired as their statistician.

There is a tradeoff between the cost of eroneously discarding a good lot, and the cost of warranty claims if a bad lot is sold. The next few problems refer to this scenario.

Problem 8. (Continues previous problem.) A type I error occurs if (Q12)

Problem 9. (Continues previous problem.) A type II error occurs if (Q13)

Problem 10. (Continues previous problem.) Under the null hypothesis, the number of defective chips in a simple random sample of size 100 has a (Q14) distribution, with parameters (Q15)

Problem 11. (Continues previous problem.) To have a chance of at most 2% of discarding a lot given that the lot is good, the test should reject if the number of defectives in the sample of size 100 is greater than or equal to (Q16)

Problem 12. (Continues previous problem.) In that case, the chance of rejecting the lot if it really has 50 defective chips is (Q17)

Problem 13. (Continues previous problem.) In the long run, the fraction of lots with 7 defectives that will get discarded erroneously by this test is (Q18)

Problem 14. (Continues previous problem.) The smallest number of defectives in the lot for which this test has at least a 98% chance of correctly detecting that the lot was bad is (Q19)

(Continues previous problem.) Suppose that whether or not a lot is good is random, that the long-run fraction of lots that are good is 95%, and that whether each lot is good is independent of whether any other lot or lots are good. Assume that the sample drawn from a lot is independent of whether the lot is good or bad. To simplify the problem even more, assume that good lots contain exactly 7 defective chips, and that bad lots contain exactly 50 defective chips.

Problem 15. (Continues previous problem.) The number of lots the manufacturer has to produce to get one good lot that is not rejected by the test has a (Q20) distribution, with parameters (Q21)

Problem 16. (Continues previous problem.) The expected number of lots the manufacturer must make to get one good lot that is not rejected by the test is (Q22)

Problem 17. (Continues previous problem.) With this test and this mix of good and bad lots, among the lots that pass the test, the long-run fraction of lots that are actually bad is (Q23)

7 0
3 years ago
When a corporation wants to raise funds by issuing new stocks or bonds, it generally uses the services of _____.
choli [55]

Answer:

The correct answer is e. an investment banker

Explanation:

Investment bankers are behind some of the biggest businesses that develop in the stock market. These banking professionals are hired by companies to obtain money or capital in the stock market for the main milestones that will occur in the existence of a corporation. Once the relationships between corporate management teams and investment banks are established, the same teams often work together for subsequent events in the stock market. Investment bankers decide how to value companies and offers, and impact opportunities for investors.

6 0
3 years ago
Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75%
Artist 52 [7]

Answer:

Re = 15.29%

Explanation:

beta at current debt level:

11.5% = 5% + (beta x 6%)

6.5% = 6%beta

beta = 6.5% / 6 = 1.083

unlevered beta = 1.083 / {1 + [(1 - tax rate) x debt / equity]} = 1.083 / {1 + [(1 - 40%) x 25 / 75]} = 1.083 / 1.2 = 0.9025

cost of levered beta at 60% debt:

0.9025 = beta / {1 + [(1 - 40%) x 60 / 40]}

0.9025 x 1.9 = beta

beta = 1.7148

Re = 5% + (1.7148 x 6%) = 15.29%

6 0
3 years ago
The percentage-of-completion method is used primarily for short-term contracts. A.recognizes revenue and gross profit each perio
maxonik [38]

Answer:

A.recognizes revenue and gross profit each period based upon progress.

Explanation:

The percentage of completion approach is an accounting technique used to recognize revenue in ongoing projects. Revenue from long term contracts is calculated based on the percentage of work completed in a period. This method is applied when payments are assured, and the percentage of work done can be estimated with some degree of accuracy.

The percentage of completion is mostly used in construction industries, but the concept can be used in many projects.  The method compares the revenues and expenses of a project against the percentage of work completed in the financial period. The percentage of completion method contrasts with the completed contract method that recognizes income upon completion of a project.

8 0
3 years ago
Continuously learning about your captivity environment and the captor is known as ___________________.
tensa zangetsu [6.8K]
Continuously learning about your captivity environment and the captor is known as situational awareness. It <span> is the ability to identify, process, and comprehend the critical elements of information about what is happening. Hope this answers the question.</span>
7 0
3 years ago
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