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Cloud [144]
3 years ago
15

The following shows the monthly sales in units of six salespersons before and after a bonus plan was introduced. At 95% confiden

ce, determine whether the bonus plan has increased sales significantly.Monthly Sales Salesperson After Before1 94 902 87 853 90 844 86 815 80 806 85 80
Mathematics
1 answer:
saw5 [17]3 years ago
4 0

Answer:

it is clear that at 95% confidence that the bonus plan has increased the sales significantly, because if we observe you will notice that sales after is greater than sales before in all six cases.

Step-by-step explanation:

A 95% confidence interval as we have above is the range of values that we can say with utmost certainty and confidence that 95% chance it contains the true mean of the population. in other words we can say that a  95% confidence interval defines a range of values that you can be 95% certain contains the population mean.

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Edgar owns 234 shares of Cawh Consolidated Bank, which he bought for $21.38 apiece. Each share pays a yearly dividend of $3.15.
trapecia [35]

Answer: B. The stocks have a yield 6.84 percentage points greater than that of the bonds.

Step-by-step explanation:

Firstly, the yield for stocks will be calculated as:

= return/ investment cost

= $3.15/$ 21.38

= 0.14733395

= 14.73%

The yield for bonds will be calculated as:

= Return/Investment cost

Return = 1,000 x 8.3% = 83

Investment cost = 1,000 x 105.166/100 = 1051.66‬

Yield = 83/1051.66

= 0.07892284

= 7.89%

Then, the difference between the yield will be:

= 14.73% - 7.89%

= 6.84%

Therefore, the stocks have a yield 6.84 percentage points greater than that of the bonds.

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Answer:

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Step-by-step explanation:

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