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9966 [12]
3 years ago
15

​b) a student tests 100 students to determine whether other students on her campus prefer soda brand a or soda brand b and finds

no evidence that preference for brand a is not 0.5.​ later, a marketing company tests all students on campus and finds no difference. choose the correct answer below.
Business
1 answer:
iren [92.7K]3 years ago
3 0

Answer:

B) The student did not make an error. The actual value is 0.50, which was not rejected.

Explanation:

First the student carried out a study which provided no evidence that the preference for brand A was not 0.5 or 50%, then the marketing company carried out a similar study and showed the same results. Since we are trying to determine if the student's research was well done, we must assume first that the marketing company did their research correctly.

If the student had rejected the claim of the marketing company, then she would have made a type I error (which didn't happen). If the student had wrongly accepted the claim from the marketing company (without any evidence of her own), then she would have made a type II error.

Since both studies provided the same conclusions, then we can assume that the student carried out her study in a proper and correct manner.

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Even though he is not a manager, Mr. Brate is the one to see in the company when there is something you need. He will get it qui
MAVERICK [17]

Answer:

Informal organisation

Explanation:

There are two forms of organisations in a business. The informal organisation and formal organisation.

Informal organisation is the social structure of an organisation, based on social interaction among its members. So even if Mr. Brate is not a management staff, his ability to get things done easily makes him an important member of the informal organisation.

Often informal organisation functions alongside the formal organisation in a business.

8 0
3 years ago
Balance Sheet
anyanavicka [17]

Answer:

a.  current ratio  = 1.98

b. average collection period = 32.85 days

c.  debt ratio = 35,56%

d. total asset turnover ratio = 1.11 times

e.  operating profit margin  = 47,50%

f.  inventory turnover ratio = 2 times

Explanation:

a.  current ratio

Current ratio  = Current Assets / Current Liabilities

                     = 3,075,000 / 1,550,000

                     = 1.98

b. average collection period.

Average collection period = Accounts Receivable / (Sales / 365)

                                            = 900,000 / (10,000,000 / 365)

                                            = 32.85 days

c.  debt ratio.

Debt ratio = Interest bearing debt / Total Assets × 100

                 = (700,000+2,500,000)/ 9,000,000 × 100

                 = 35,56%

d. total asset turnover ratio.

Total asset turnover ratio = Sales / Total Assets

                                          = 10,000,000 / 9,000,000

                                          = 1.11 times

e.  operating profit margin

Operating profit margin  = Operating Profit / Sales × 100

                                       = (4,550,000+200,000) / 10,000,000 × 100

                                       = 47,50%

f.  inventory turnover ratio

Inventory turnover ratio = Cost of Sales / Inventory

                                        = 3,000,000 / 1,500,000

                                        = 2 times

7 0
4 years ago
Ricardo borrowed $5,000 from his friend, Lorenzo. Ricardo signed a handwritten note stating, "I promise to pay $5,000 to Lorenzo
Andreyy89

<u>Answer: </u>Promissory note

<u>Explanation:</u>

Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.

Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.

4 0
3 years ago
identify five of his weaknesses and suggest one area of improvement for each five of his weaknesses and suggest one area of impr
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Hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhjjjjhhjjjjjjjjjjjjjj
5 0
3 years ago
If the poverty threshold for a family of four with two children was $18,850 in 2004, which family would be counted as poverty-st
vova2212 [387]

If the poverty threshold for a family of four with two children was $18,850 in 2004, then a family earning a total household income of $354 per week would be counted as poverty-stricken because the family would only get $18,408 per year and that is less than $18,850.

5 0
3 years ago
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