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tatyana61 [14]
2 years ago
8

In a one-tailed test, the rejection region is located under one tail (left or right) of the corresponding probability distributi

on, while in a two-tailed test this region is located under both tails.a.True or False.b.True.c.False.
Business
1 answer:
NARA [144]2 years ago
4 0

Answer:

Both parts A and B of the statement are True

Explanation:

In a one-tailed test we are testing a hypothesis that includes a directional relationship, where that relationship is greater than or less than critical value located at the top/bottom 5% of the distribution. If the test statistic falls into this region, we reject the null hypothesis.

When we are doing a two-tailed tests, the hypothesis does not include a directional relationship. We are looking for a mean value that is significantly greater (2.5%) and significantly less (2.5%) than the null hypothesis.

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When the price of candy bars decreased from $0.55 to $0.45, the quantity demanded changed from 19,000 per day to 21,000 per day.
just olya [345]

Answer:

0.5

Explanation:

A screenshot is attached to get the full solution

Since the coefficient is < 1, it is inelastic

8 0
3 years ago
Which of the following would further an economic goal of efficiency?
max2010maxim [7]

Answer:

The correct answer is (C)

Explanation:

Economics is all about allocating limited resources to attain maximum utility. In that regard, efficiency can be achieved by giving contracts to companies with higher productivity. These companies are all about attaining maximum productivity by investing limited resource. More productivity will increase the utility, and that will improve economic efficiency. So it is critical to give projects and contracts to certain companies which can increase the overall productivity.

7 0
3 years ago
What would it mean to you and/or your family to be a part of Career Source Tampa Bay's 2021 Summer Job Connection program? What
ycow [4]

Answer:

It is job connection program organized by Career Source Tampa Bay for the youths of Hillsborough. It provides a platform for the unemployed youths of Hillsborough to connect themselves to the potential employers by learning new skills and experiences.

Explanation:

Career Source Tampa Bay is organizing a summer youth job connection program for the year 2021 for the youths of the Hillsborough County. It is summer job connection program for the youth who are aged between 16 to 24. It is organized by Career Source Tampa Bay.

It provides an opportunity for the youths and prepare them with skills and know how about the targeted jobs. It introduces them to real work filed and exposes them to new ideas and experiences and the potential career paths for the future jobs.

7 0
2 years ago
The ___________ is a flexible market that allows you to work short-term
dem82 [27]

Answer:

The <u>gig economy</u> is a flexible market that allows you to work short-term.

Explanation:

The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.

7 0
3 years ago
Break-Even Sales and Sales to Realize Operating Income For the current year ending December 31, McAdams Industries expects fixed
Ymorist [56]

Answer:

a.

Break even sales in units = 93000 Units

b.

Sales in units required for Target Income = 118000 units

Explanation:

a. Anticipated Break even sales in units

The break even in units is the number of units that a business must sell in order to for its total revenue to be equal to total costs and for it to break even. The break even in units is calculated as follows,

Break even in units = Fixed Costs / Contribution margin per unit

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

Break even sales in units = 1860000 / (125 - 105)

Break even sales in units = 93000 Units

b. Operating income

To calculate the number of units required to earn a certain income or profit, we simply use the break even equation and add the income or profit amount required in the fixed cost. Thus the sales in units required to earn an operating income of $500000 is,

Sales in units required for Target Income = (1860000 + 500000) / (125 - 105)

Sales in units required for Target Income = 118000 units

3 0
2 years ago
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