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4 years ago

How to test hypotheses and compare results for the purpose of forecasting and making better strategic business decisions.

Business

1 answer:

Neporo4naja [7]4 years ago

6 0

Answer:

The proper answer is explained below.

Explanation:

To begin with, the statiscal hypothesis testing is considered to be a method of statistical inference in where the purpose is on the basis of observed data modeled as the realised values taken by a collection of random variables. This method is used by the companies in order to facilitate the decision making process so that the managers have more quality info closer to the hand when it comes to making a hard and important decision.

So to complete the process of testing hypotheses and comparing the results so that the forecasting is better then the managers will have to use this method and other ones and also to use programs and special systems so that the proper contrasting will take place according with the situation and all.

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The bases for an action in strict liability that are set forth in the Restatement (Second) of Torts Section 402A can be summariz

Alinara [238K]

Answer:

The answer is: NO OPTION IS COMPLETE

Explanation:

Option A is totally wrong (the product should have been defective), but options B through F are incomplete.

They should have been:

B) The defendant must normally be engaged in the business of selling (or otherwise distributing) that product.

C) The product must be unreasonably dangerous to the user or consumer because of its defective condition (in most states).

D) The plaintiff must incur physical harm to self or property by use or consumption of the product.

E) The defective condition must be the proximate cause of the injury or damage.

F) The goods must not have been substantially changed from the time the product was sold to the time the injury was sustained.

8 0

4 years ago

For each item, enter the appropriate amounts in the associated cells.

rusak2 [61]

Answer:

Jim exchanged an old machine used in his trade or business for a new machine plus $50,000 cash. Jim purchased the old machine for $345,000 and deducted $45,000 of depreciation on the old machine. The new machine has a fair market value of $450,000

Amount realized: $500,000 ($450,000+$50,000)

Adjusted basis: $300,000 ($345,000-$45,000)

Gain realized: $200,000 ($500,000-$300,000)

Gain recognized: $200,000

Sec. 1245 Recapture: $45,000

Sec. 1231 Gain: $155,000 ($200,000 - $45,000)

Jerry purchased a new machine for $100,000. A few years later, Jerry sold the machine for $90,000. Before selling the machine, Jerry claimed $40,000 in depreciation

Amount realized: $90,000

Adjusted basis: $60,000 ($100,000-$40,000)

Gain realized: $30,000

Gain recognized: $30,000

Sec. 1245 Recapture: $30,000

Sec. 1231 Gain: - ($30,000-$40,000)

8 0

3 years ago

Select the type of assessment that best fits the sentence.

grandymaker [24]

Jeff's financial needs are quite simple. He only wants to open a basic savings account. Let's look at the first three options:
a) Financial Services Company
b) Commercial Bank
c)Insurance Company
d) Trust Company

A Financial Services Company will often offer services such as financial advising and will even manage your funds for you, investing them based on your investment goals. This is a bit more than Jeff needs, and will likely involve heavier fees.
B) A commercial Bank exists for providing financial services to the general public, and includes a wide range of services from basic to more complex. This is the best institution for Jeff's savings account.
C) An insurance company likely will not offer the service Jeff needs.
D)Trust Company: A Trust Company takes charge of a set of assets, often an estate or large sum of money, due to a potential conflict of interest or a temporary period of uncertainty regarding who is entitled to the assets.

As for the second list:

Investment banks and asset management companies take a more active role in investing the funds. Typically there is a significant minimum investment, some higher fees, and more exposure to risk. These are not ideal options for Jeff's basic savings account.
A credit union offers savings account, and is a viable option for Jeff. However, the best option of this list is a savings and loan association, as they specialize in this service.

6 0

3 years ago

Read 2 more answers

What is a holiday club account?

kolbaska11 [484]

A DCU Holiday Club Account allows you to save throughout the year for the holidays. A low required minimum automatic deposit of $20 per month helps makes saving easy.

5 0

3 years ago

If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jo

Vera_Pavlovna [14]

Answer:

b). The average value of the 30 blue-chip stocks is down by 3.2%.

Explanation:

'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.

As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, option b is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).

5 0

3 years ago