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dimaraw [331]
3 years ago
9

A national survey conducted in 2011 among a simple random sample of 1,507 adults shows that 56% of americans think the civil war

is still relevant to american politics and political life. conduct a hypothesis test at significance level α=0.05 to determine whether these data provide strong evidence that a majority of american adults think the civil war is still relevant.
Business
1 answer:
kifflom [539]3 years ago
4 0

Answer:

Null : x = 0.56 ; Alternate : x < 0.56

t = (x - 0.56) / (s / √n) : If < tabulated t at α =0.05 , null hypothesis  accepted

If t > tabulated t at α =0.05 , alternate hypothesis is accepted

Explanation:

Hypothesis Testing is used to test the statistical validity of a statement. Null Hypothesis is the neutral hypothesis, signifying equality to the tested value. Alternate Hypothesis is the contradictory hypothesis, signifying deviation from the tested value.

To test 'Proportion of people giving importance to civil rights in american political life' : Let these proportion be = x

<u>Null</u> Hypothesis (H0) : x = 56% = 0.56

<u>Alternate </u>Hypothesis (H1) : x < 56 % , i.e x < 0.56

't' statistic is calculated based on sample : ( x' - u ) / (s / √n)

where : x' = sample mean , u = population hypothesised mean = 0.56 , s = sample standard deviation , n = sample size

If this calculated 't' < tabulated 't' at significance level α =0.05 ; null hypothesis is accepted. It implies average people thinking as mentioned = 56 % (majority)

If this calculated 't' > tabulated 't' at significance level α =0.05 ; alternate hypothesis is accepted. It implies average people thinking as mentioned < 56% (not majority)

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When her company's dry goods deliveries were late for the third time, Melissa withheld payment from her supplier until it was ba
insens350 [35]

Complete/Correct Question:

When the company's dry goods deliveries were late for the third time, Melissa withheld payment from her supplier until it was back on schedule. This is an example of ________ power.

a. reward

b. referent

c. legitimate

d. coercive

e. Expertise

Answer:

D, coercive

Explanation:

Coercive power is the ability of a manager to be able to make an employee/subordinate follow orders by the use of force.

In the above question, Melissa withholds payment after her order of dry goods came in late a third time.

Withholding payment forced the supplier to return to the scheduled arrangement of delivery.

Cheers.

4 0
3 years ago
AC Electric just paid a $2.10 per share annual dividend. The firm pledges to increase its dividend by 2.4 percent for the next 5
charle [14.2K]

Answer:

$16.74

Explanation:

First , find the dividend per year;

D1 = 2.10(1.0.24) = 2.1504

D2 = 2.1504(1.024) = 2.2020

D3 = 2.2020(1.024) = 2.2548

D4 = 2.2548(1.024) = 2.3089

D5 = 2.3089(1.024) = 2.3643

D6 = 2.3643(1.02) = 2.4116

Next, find the present value of the dividends;

PV (of D1) = 2.1504/ 1.15 = 1.8699

PV (of D2) = 2.2020/ 1.15² = 1.6650

PV (of D3) = 2.2548/ 1.15³ = 1.4826

PV (of D4) = 2.3089/ (1.15^4) = 1.3201

PV (of D5) = 2.3643/ (1.15^5) = 1.1755

PV (of D6 onwards)= \frac{\frac{2.4116}{0.15-0.02} }{1.15^{5} } \\ \\ =\frac{18.5508}{2.0114}

PV (of D6 onwards) = 9.2228

Next, sum up the PVs to find the price of the stock;

= 1.8699 + 1.6650 + 1.4826 + 1.3201 + 1.1755 + 9.2228

= 16.7359

Therefore the value of one share is $16.74

3 0
3 years ago
Sarah, the controller of a large beverage supplier, supervises two employees. Her boss, Vladimir, instructs her to increase the
valentina_108 [34]

Answer:

Sarah failed to evaluate a potential ethical issue

Explanation:

According to the given scenario, Ethical concerns occur as workers face pressure from their employers to inflate profits or expenditures that include manipulating financial statements. Workers should be morally responsible and not participate in any dishonest behavior that modify the financial statements.

So, the correct answer is Sarah failed to evaluate a potential ethical issue .

6 0
3 years ago
which of the businesses below uses a periodic inventory method? a grocery store a bookstore an auto parts store an art gallery
VladimirAG [237]

An art gallery can be a type of business that uses a periodic inventory method.

<h3>What is a periodic inventory method?</h3>

It corresponds to a system used by companies to control and evaluate their stock. In this periodic system, the inventory account would be closed only after an accounting period, such as 1 month or 1 year for example.

In the periodic inventory, the stock accounts would not be updated after each sale and purchase, and the company would be able to analyze and track its stock only after the end of the stipulated accounting period.

Therefore, an art gallery would probably be a company that would use the periodic inventory system because it offers works of art that are generally unique and do not have more than one piece in stock, and sell few units per month.

Find out more about periodic inventory on:

brainly.com/question/25887081

#SPJ1

3 0
1 year ago
Many consumers buy soft drinks and potato chips together when they shop at a grocery, convenience, or mass merchandiser store. B
Molodets [167]

Answer:

Data mining

Explanation:

Data mining is the process in which we can extract the raw data into useful data that would become beneficial for the company.

Large data is available and if we take the data i.e important or useful so this process we called data mining

In the given situation, it is discovered that when the consumers purchased a sandwich so many customers purchased toothpaste along with it. And for extracting the hiding information from its MIS the store used the data mining technique.

8 0
4 years ago
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