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Vaselesa [24]
2 years ago
12

A team of builders has surveyed buyers of their new homes for years. Consistently, only 48% of the buyers have indicated they we

re "quite satisfied" or "very satisfied" with the construction quality of their homes. The builders have adopted a revised quality inspection system to try to improve customer satisfaction. They have surveyed 400 buyers since then; these buyers seem representative, with no systematic changes from past purchasers. Of the 400 buyers, 210 indicated they were quite or very satisfied. Did they reach their goal? What is the appropriate test to perform?

Business
1 answer:
Assoli18 [71]2 years ago
3 0

Answer:

Explanation:

So, the hypothesis is:

H0 : p = .48 versus Ha : p≠ .48

check the picture attached for more explanation

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A father and mother are planning a savings program to put their daughter through college. Their daughter is now 8 years old. She
Anna71 [15]

Answer:

$4,102.57

Explanation:

we must first calculate the future costs of college:

cost of college year 1 = $16,200 x (1 + 2%)¹⁰ = $19,747.71

cost of college year 2 = $19,747.71 x 1.02 = $20,142.66

cost of college year 3 = $20,142.66 x 1.02 = $20,545.51

cost of college year 4 = $20,545.51 x 1.02 = $20,956.42

in order to determine how much money does the family need to have before college starts we must discount the cost of college by 7.5%:

PV cost of college year 1 = $19,747.71

PV cost of college year 2 = 20,142.66 / 1.075 = $18,737.36

PV cost of college year 3 = $20,545.51  / 1.075² = $17,778.70

PV cost of college year 4 = $20,956.42  / 1.075³ = $16,869.09

total = $73,132.86

the future value of the grandmother's deposits:

$13,000 x (1 + 7.5%)¹⁴ = $35,781.77

$2,900 x (1 + 7.5%)¹² = $6,907.16

total = $42,688.93

that means that you will need to save $73,132.86 - $42,688.93 = $30,443.93 by the time your child turns 18

you will make 4 deposits and their future value will be:

deposit x 1.075¹⁰ = 2.0610D

deposit x 1.075⁹ = 1.9172D

deposit x 1.075⁸ = 1.7835D

deposit x 1.075⁷ = 1.6590D

total = 7.4207D

yearly deposit = $30,443.93 / 7.4207 = $4,102.57

4 0
3 years ago
Consumers are particularly price-responsive when:a. it is difficult to substitute across suppliers and prices are high. b. they
s344n2d4d5 [400]

Answer:

The correct answer is the option C: there are many substitute goods available for a product, and they have a long time horizon to adjust their consumption.

Explanation:

To begin with, the concept known as <em>''price-responsive'' </em>in the marketing field and in the business world refers to the ability by the consumers to adjust their consumption behavior regarding the prices that are being charged by the company in order to control the use of the good itself and therefore to avoid paying high prices. Moreover, it is understood that in this theory scheme the consumers are adaptative to the services price changes that the company tends to do.

8 0
3 years ago
How does the Ricardian model differ from the H-O theory in explaining international trade patterns among nations.
svetlana [45]

Answer:For example, the Ricardian model of trade, which incorporates differences in technologies between countries, concludes that everyone benefits from trade, whereas the Heckscher-Ohlin model, which incorporates endowment differences, concludes that there will be winners and losers from trade.

5 0
3 years ago
The trial balance for Swifty Corporation appears as follows:
Shkiper50 [21]

Answer:

Explanation:

The adjusting entry for supplies is shown below:

Supplies expense A/c Dr    $115

    To supplies A/c                              $115

(Being adjusted entry recorded)

The trial balance show a supplies balance of $148 and the supplies on hand were $33, so the adjusted supply balance would be equal to

=  Supplies balance - supplies on hand

= $148 - $33

= $115

8 0
3 years ago
Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.50; direct
mrs_skeptik [129]

Answer:

$7.50 per unit

Explanation:

Cost of buying from outside supplier = $33 per unit.

Relevant cost of making such component in-house = Direct materials+ Direct labor+ Variable overhead

= $9.50 per unit + $13.50 per unit + $2.50 per unit

= $25.50 per unit

Net incremental cost of buying the component = Cost of buying from outside supplier- Relevant cost of making such component in-house

= $33.00 per unit - $25.50 per unit

= $7.50 per unit

4 0
2 years ago
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