1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fynjy0 [20]
3 years ago
5

If an economist wishes to determine whether there is evidence that mean family income in a community exceeds $50,000, a. either

a one-tail or two-tail test could be used with equivalent results. b. a one-tail test should be utilized. c. a two-tail test should be utilized. d. None of the above.

Business
1 answer:
nikklg [1K]3 years ago
9 0

Answer:

b. a one-tail test should be utilized.

Explanation:

It can be said that the best way for the economist to make this determination would be to use a one-tail test. This is a statistical test in which the critical area of a distribution is one-sided, making it either exceed or fall short of a certain value, but not both as seen in the graph below. Which in this case, the certain value would be $50,000 and the information will be on either side. Thus showing the economist if the mean family income truly exceeds the $50,000

You might be interested in
Bob manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of ti
Kitty [74]

Answer:

A. Menu Cost

Explanation:

7 0
3 years ago
20.Assume that you just graduate and get a job. You will work for 40 years and save each year before you retire. During retireme
amid [387]

Answer:

How much money will you need to have at the moment you retire?

  • $1,287,858

How much money do you need to save every year before retirement?

  • $4,971.33

Explanation:

we have to first determine the amount of money you need to finance your retirement distributions:

using the annuity due present value formula, PV = annuity payment x annuity due factor (PV, 8%, n = 40)

PV = $100,000 x 12.87858 = $1,287,858

now we must use the ordinary annuity future value formula, FV = annuity payment x annuity factor (FV, 8%, n = 40)

annuity payment = FV / annuity factor = $1,287,858 / 259.057 = $4,971.33

4 0
3 years ago
What is sadness ??
Scilla [17]

Answer:

sadness is when we are alone and who was break up with and who didn't care and when we are weak

8 0
3 years ago
Internal Environmental Analysis
Wittaler [7]

The analysis that you have been asked to examine is called SWOT Analysis. See the categorization below.

<h3>What is SWOT Analysis?</h3>

This is simply a situational analysis that considers the strengths, weaknesses, opportunities, and threats that a company might face in the execution of its business strategy.

,

Strength

• Adequate Financial Resources

• Proven Management Skills

• Ahead of the Experience Curve

• Diversify into Related Products

• Enter New Markets or Segments

• Proprietary Technology

• Vertical Integration

• Product Innovation Skills

• Well Thought of by Buyers

Weaknesses

• Too Narrow a Product Line

• Unable to Finance Needed Strategy Changes

• Falling Behind in R & D

• Vulnerability to Recession & Business Cycle

• Poor Track Record in Implementing Strategy

• Higher Overall Unit Costs than Competitors

Opportunities

• Complacency Among Rival Firms

• Falling Trade Barriers in Attractive Foreign Markets

• Serve Additional Customer Groups



Threats

• Rising Sales of Substitute Products

• Issues Costly Regulatory Requirements

Learn more about SWOT at;
brainly.com/question/20350382
#SPJ1

6 0
2 years ago
What are the functions of depository​ institutions? The functions of depository institutions include​ _______.
Yuri [45]

Answer: Creating liquidity

Explanation:

Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.

The primary function of the depository institutions is to create liquidity by making credit available to borrowers in the form of loans. Depository institutions also receive deposits from their customers in exchange for interest and then use them to create loans for people.

3 0
3 years ago
Other questions:
  • All of the following are true statements about the relationship of education employment except:
    14·1 answer
  • A check drawn by a credit union on its account at a federally insured bank would be an example of a:
    15·1 answer
  • A person who is in the business of selling cars is called a:
    6·2 answers
  • Bundling is expected to provide greater profits when the two bundled goods are: i. substitutes. ii. goods that have high fixed c
    7·1 answer
  • The true rate of interest that you pay on a loan is called the
    13·1 answer
  • When the price of Milk is $5 per gallon consumers demand 1,000 boxes of Boo Berry Cereal. When the price of milk increases to $5
    5·1 answer
  • A bond is issued with a $500 face value, a 2% yield, and a maturity of 1 year. If an investor purchases the bond at face value a
    5·1 answer
  • The adjustment for overapplied overhead ______ net income.
    8·1 answer
  • the sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a
    6·1 answer
  • When a company evaluates the profit/potential of its customers, what group of customers would be considered as key targets?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!