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goldfiish [28.3K]
3 years ago
6

A grocery store has an average sales of $8000 per day. The store introduced several advertising campaigns in order to increase s

ales. To determine whether or not the advertising campaigns have been effective in increasing sales, a sample of 100 days of sales was selected. It was found that the average was $8300 per day. From past information, it is known that the standard deviation of the population is $1200. The p-value is
Business
1 answer:
vitfil [10]3 years ago
5 0

Answer:

0.0062

Explanation:

p = 1 - P(Z < Zcal)

Zcal = (8300-8000)/ (1200/√100)

Zcal = 2.5

p = 1 - P(Z < Zcal)

= 1 - P(Z < 2.5)

= 1 - 0.9938

= 0.0062

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abruzzese [7]

Answer:

it will help you to know what the producer wants

Explanation:

you understand that if you will talk about the product in the market or you will research on what is in the market so you are able to know the idea or you will know what they want in the market,so advertising also give direction to business

8 0
3 years ago
Long-term investments tie up money for
Nezavi [6.7K]

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One reason why individuals focus on long-term investments is to save for retirement.

A(n) 401(k) allows both employees and employers to contribute to a retirement plan.

5 0
3 years ago
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will
oksano4ka [1.4K]

Answer:

C) 4.2 years

Explanation:

The computation of the payback period is as follows;

As we know that

Payback Period = Initial cost ÷ Annual net cash flow

Here

Initial cost = $278000

Annual net cash flow = Incremental after tax + Depreciation per year

where,  

Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life

= ($278,000 - $30,000) ÷ 8 years

= $31,000

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= $66000

So,

Payback Period is

= $278000 ÷ $66000

= 4.2 Years

4 0
3 years ago
Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the
IRINA_888 [86]

Answer:

$10,000 increase in stockholder equity

Explanation:

The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of  stockholder equity

It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity

7 0
3 years ago
If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to
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I would recommend Liberty Mutual , They have a ton like in this snip i took for you.  

4 0
3 years ago
Read 2 more answers
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