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Novosadov [1.4K]
3 years ago
14

A random sample of 84 shoppers were interviewed and 51 said they prefer to shop alone rather than with someone else. let p repre

sent the proportion of all shoppers at this mall who would prefer to shop alone. find a point estimate (p hat) for p.
Business
1 answer:
Dmitry [639]3 years ago
7 0
The point estimate or p hat is a single value that shows the best estimation of a certain parameter among a population.

To calculate point estimate, we divide the parameter by the whole population.

In case of this problem:
p hat = 51/84 = 0.607

To get the percent, we multiply the output by 100:
% of point estimate = 0.607 x 100 = 60.7%
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Answer:

$3,225

Explanation:

The computation of the amount reported as an ending inventory is shown below:

Date Particulars Units   Cost Amount                

1 -1        Op Balance     1,000         $1            $1,000  

1 -7         Purchases      600          $3             $1,800

Total                              1,600    $1.75         $2,800  

                                              ($2,800 ÷ 1,600 units)  

1 -20 COGS           900      $1.75            $1,575

Total                              700     $1.75            $1,225

1 -25       Purchases     400     $5                 $2,000

Ending inventory         1,100    $2.9318       $3,225

                                                  ($3,225 ÷ 1,100 units)  

We simply added the purchase units with the opening balance and deduct the cost of goods sold units from the opening balance so that the correct ending inventory amount could arrive

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3 years ago
A.8<br>B.15<br>C.26<br>D.52<br><br><br><br>if anyon can help i would be so happy
Alika [10]
I think the answer is D.52
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<h3>What is personal selling?</h3>

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A sales technique is a strategy of selling used by a company's sales team or a salesperson to close more deals and make more money. It's a tactic to improve a company's sales procedure. A sales methodology is adaptable and open to change once its efficacy has been tested through trials.

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