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lara31 [8.8K]
3 years ago
9

A survey of 50 retail stores revealed that the average price of a microwave was $375, with a sample standard deviation of $20. A

ssuming the population is normally distributed, what is the 95% confidence interval to estimate the true cost of the microwave? Select one: a. $323.40 to $426.60 b. $328.40 to $421.60 c. $350.80 to $395.80 d. $369.31 to $380.69
Business
1 answer:
g100num [7]3 years ago
8 0

Answer:

(D) $369.31 to $380.69

Explanation:

The formula is x ± t (s/√n)

x = 375

t = 2.010

s = 20

n = 50

Then,

375 ± 2.010 (20/√50)

= 375 ± 5.69

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Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $89,000. However, the bu
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Answer:

The correct option is D,$42,000

Explanation:

The balance on Maxwell capital account=market  value of building contributed less the mortgage on the building

market value of the building is $89,000

Mortgage on the building is $47,000

balance on Maxwell capital account=$89,000-$47,000

balance on Maxwell capital account=$42000

The correct option is D.

Care must taken so that one does include the cash of $38,000 contributed by Smart in Maxwell's capital account balance calculation,otherwise one would have concluded that option  E,$80,000($42,000+$38,000)

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3 years ago
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This is perceived value, making the check ups free increases the value.

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When you are applying for a job, it’s fine to post this kind of personal information on websites? A) Your personal security numb
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Answer:

C

Explanation:

you don't want to do A or b so with that it can't be D

6 0
3 years ago
What is price discrimination and how do movie theaters and restaurants practice price discrimination?​
marishachu [46]
Price discrimination is the action of selling the same product at different prices to different buyers, in order to maximize sales and profits. Movie theaters practice it by giving discounts on certain night. Example: senior citizens discount. Restaurants practice price discrimination by menu pricing.
7 0
3 years ago
Fox Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,150 2 1,030 3 1,520 4 1,880 a.
bonufazy [111]

Answer:

The answer is $4,221.77

Explanation:

Present value = Cash flow/(1+r)^n

where n is the number of years

Cash flow 1:

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Cash flow 2:

$1,030/1.11^2

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Cash flow 3:

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Cash flow 4::

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Present Value of all the cash flows is

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3 years ago
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