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AleksAgata [21]
3 years ago
12

Many people are fearful of flying with certain airline carriers if the carrier has experienced a major crash in the past. This d

ecision not to fly on certain airlines solely because of a single crash history is an example of ________. a. statistical inference b. available data c. anecdotal evidence d. exploratory data analysis
Business
1 answer:
azamat3 years ago
4 0

Answer:

C.

Explanation:

Anecdotal evidence consists of an anecdote or a descriptive story about an event or experience. Another name for this type of evidence is a testimonial.

We are all familiar with this kind of evidence and commonly use it in everyday decision making. For example, when choosing a babysitter or dentist, we would often ask for the experiences of friends and family.

Anecdotal evidence falls short of what is necessary for a reasonable standard of proof.

You might be interested in
What are durable goods?
JulsSmile [24]
They're the opposite of perishable goods. 

Meaning, that durable goods can be left on the shelf for a while, and don't need to be imediately consumed.

Hope this helps!
6 0
3 years ago
Assume that Sandhill Co. uses a periodic inventory system and has these account balances: Purchases $420,800; Purchase Returns a
ivolga24 [154]

Answer:

Cost of goods Sold = $384,000

Gross Profit = $259,000

Explanation:

Cost of goods sold = Opening Inventory + Net Purchase - Closing Inventory

Opening Inventory = $58,100  Closing Inventory = $92,600

Net Purchases = Purchase - Purchase Return - Discounts + Freight in

Freight in forms part of cost of purchase because without this expense inventory cannot be bought in.

Net Purchases = $420,800 - $11,900 - $8,100 + $17,700 = $418,500

Cost of goods Sold = $58,100 + $418,500 - $92,600 = $384,000

Gross Profit = Sales - Cost of Goods Sold

= $643,000 - $384,000 = $259,000.

6 0
3 years ago
Zephyr Electricals is a company with no growth potential. Its last dividend payment was $4.50, and it expects no change in futur
VARVARA [1.3K]

Answer: $50

Explanation:

We can use the Gordon Growth Model of Stock Valuation. The formula is thus,

P = D1 / r – g

D1 = the annual expected dividend of the next year

r = rate of return

g = the expected dividend growth rate (assumed to be constant)

There is no growth potential and dividends are expected to stay the same so no growth rate and D1 will be the same as D0.

Plugging that into the formula therefore will give us

P = D1/r

P= 4.5/0.09

= $50

Current Stock Price is $50.

6 0
3 years ago
A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small
WINSTONCH [101]

Answer:

Organic structure.

Explanation:

Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.

In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.

4 0
4 years ago
A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos
lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000

Unadjusted cost,

= $1,690,000

Now,

The overapplied overhead will be:

= Applied \ overhead-Actual \ overhead

= 666,250-650,000

= 16,250 ($)

hence,

The goods sold's adjusted cost will be:

= Unadjusted \ cost-Overapplied \ overhead

= 1,690,000-16,250

= 1,673,750 ($)

8 0
3 years ago
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