keep our biases from limiting our solutions.
<u>Answer:</u>
<em>An</em><em> appliance manufacturer</em><em> gives a warranty, and 95 percent of its appliances do not require repair before the warranty expires. An </em><em>organization buys</em><em> 10 of these appliances. The interval that contains 95.44 percent of all the appliances that will not require repair is (8.12, 10.88)</em>
<u>Explanation:</u>
Here we can calculate the confidence<em> interval for a proportion </em>of 0.95 and a sample size of 10. Note that the critical value for 95.44% confidence is 1.9991.
Between 81.22% and 108.78% of 10 units is 8.12 and 10.88 units. Therefore the <em>confidence interval is:(8.12, 10.88).</em>
Answer:
<u>a member of the 1%</u>
Explanation:
Members of the 1%, represent the top 1% of the most affluent people of the United States. Different states have different prescribed threshold to be counted among the top 1%.
The threshold limit to be in 1% for New York city was $550,174
Park Avenue street is one of the most expensive areas of the states. Owning an apartment there is indicative of the fact that Daniel most likely falls into the category of the members of the top 1%.
Answer: Option D
Explanation: Expenses incurred by business in day to day to operations are called costs. These costs can be divided as follows:-
FIXED COST : These are the cost which are independent of the level of output.
VARIABLE COST : These are the cost which varies as per the level of output.
Increase in the level of production will increase the electricity consumption, also consumption of direct materials is directly related to number of units produced. Wages of workers are usually dependent on the output they produce. Hence, only insurance premium is a fixed cost as the company has to pay it irrespective of the level of output.
Option D. product placement refers back to the exercise of paying to have a product seem favorably in a TV display or movie.
The required details about product placement is mentioned in below paragraph.
Product placement, additionally recognised as embedded marketing, is a marketing method wherein references to precise manufacturers or merchandise are integrated into any other work, inclusive of a movie or tv program, with precise promotional intent. Much of that is performed with the aid of using loaning merchandise, specifically while pricey items, inclusive of vehicles, are involved.In 2021, the agreements among emblem proprietors and movies and tv packages had been really well worth extra than US$20 billion.
While references to manufacturers (actual or fictional) can be voluntarily integrated into works to keep a sense of realism or be a topic of commentary, product placement is the planned incorporation of references to a emblem or product in alternate for compensation. Product placements might also additionally variety from unobtrusive appearances inside an environment, to outstanding integration and acknowledgement of the product inside the work.
To learn about product placement visit here.
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