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Natalija [7]
3 years ago
14

Jenny would like to know whether she has budgeted enough money per month for groceries while she is in college. She takes a repr

esentative random sample of 50 college students and asks them how much they spend a month on groceries per month. Jenny has budgeted $200. Which test can she use to test whether she has budgeted enough for groceries per month?
Business
1 answer:
mart [117]3 years ago
4 0

Answer:

SIGNIFICANCE TEST

Explanation:

Significance tests give us a formal process for using sample data to evaluate the likelihood of some claim about a population value . The significance level for a given hypothesis test is a value for which a P-value less than or equal to is considered statistically significant. Typical values for are 0.1, 0.05, and 0.01. These values correspond to the probability of observing such an extreme value by chance

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The text discusses three areas a firm must be concerned with in order to keep their best and brightest employees from leaving. T
den301095 [7]

Answer:

The correct answer is a. sorting/absorbing

Explanation:

The flight of talented employees is a situation that usually hurts companies, for that reason it is important to have growth plans that allow you to retain the people who generate value for the organization. If you focus directly on the classification, you are certain of who the projected employees are, and that in the short or medium term they can directly contribute to the growth of the company; for its part, absorption refers to the process of hiring employees who are already talented in search of a training process based on previous experiences.

4 0
4 years ago
Mann Corporation decided to issue common stock and used the $120,000 proceeds to retire all of its outstanding bonds on January
Yuri [45]

Answer:

Return on equity in 2017 is 12% while that of 2016 is 12.5%

Explanation:

The formula for return on equity is given as net income/equity.

The net income is $120000 for 2017 and $100000 for 2016.

Shareholders' average equity is 1000000 shares in 2017 and 800000 shares in 2016.

                                                              2017                                  2016

Return on equity                            120000/1000000             100000/800000

Return on equity                             0.12                                     0.125

The return on equity is 12.0% in 2017 and 12.5% in 2016.

From all indications, the issue of additional shares to the tune of $120000  lead to a reduction in return on equity in 2017 by 0.5%

5 0
3 years ago
Peter, Paul, and Mary go to an all-you-can-eat buffet. The normal entrance fee is $20, but Peter gets in free because it is his
Firdavs [7]

Answer:

mary

Explanation:

A rational consumer would consume up to the point that marginal benefit equal marginal cost

Mary paid $20. this means that she places a value of $20 on the meal.

Paul paid $10. this means that he places a value of $10 on the meal

The value Mary places is 20, so she places a higher value and she would consume the most

Peter enters free and thus there is no marginal cost attached to this decision. He should consume the least

5 0
3 years ago
. Submit the names and phone numbers of the two people you spoke with. The people you speak with cannot be class members. a. Per
podryga [215]

Answer:

Answer is explained in the explanation section below.

Explanation:

Person 1:

Name: John Smith,

Phone Number: 00(008)11113333

These are hypothetical numbers and names of the persons.

I've shown that person different photos of Nike's product – Shoes. The person knows several things from the images I've shown him, which are as follows:

Nike has developed shoes that can assist people in a variety of demanding roles, as our personality and behaviors are in many ways influenced by our feet. As a result, shoes play a diverse role in people's lives, and they should not be avoided.

Nike is promoting their brand value by offering shoes that are suitable for an athlete's game and lifestyle.

Nike also promotes a variety of athletes and sportspeople for marketing purposes.

Person 2:

Name: Lilly Wood,

Phone Number: 00(008)1915778

I've seen a variety of images of products synonymous with – Dresses such as Shirts, T-Shirts, Trousers, and Winter Coats, all of which are sold by the company H&M.

The individual can comprehend a variety of items that have been demonstrated to him, including the following:

H&M has a variety of items in the Apparel and Clothing sector that are highly recommended for lifestyle and everyday use.

People enjoy shopping at their store or outlets because they can find a wide variety of styles and collections with a distinct trendy approach.

These connections may be used in a product's advertising campaign, as seen below:

A brand or organization may conduct a survey to obtain feedback from consumers about how their goods are used and how well they are tailored to their needs.

Knowing both of these issues helps them to customize choices and meet consumer needs; however, businesses should appreciate differentiation strategy and create their own; they should also consider how consumers react to such strategies and what kind of customization or improvements can be made in the future.

Pricing plays an important role here; advertising strategies are influenced by pricing and people's purchasing power. A niche market approach may be used by a brand or business to analyze and consider the condition of consumers, and then set the best pricing, which will have a positive effect on revenue generation.

Perception's Influence on Consumer Buying Behavior:

Consumers' purchasing behavior is affected by perceptions of brand image and value such as product quality, whether such products have fulfilled customers' choices or not. Perception can be improved in many ways, for example, by fulfilling quality and fitting requirements, working on customization, and building more confidence in customers' minds.

4 0
3 years ago
Restrictive trade barriers most likely influence the globalization of businesses by encouraging firms to ________. Grupo de opci
Vanyuwa [196]

Answer:

switch from exporting to overseas manufacturing

Explanation:

  • The restrictive trade barriers are those don't favour the trade to take place and they place restrictions on the quality and quantity to be imported into a country.
  • Quotas and tariffs are some of the restrictions that are placed by the governments of the countries for the collection of the revenue.
  • <u>And increases the forms revenue base through the exports usually done to protect from the cheap labour and to make improvements in the trade deficits and protect the domestic suppliers and infant industries. </u>
3 0
3 years ago
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