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Feliz [49]
4 years ago
6

An insurance company’s procedure for settling a claim under $10,000 for fire or water damage to a home owner is to require two e

stimates for cleanup and repair of structural damage before allowing the insured to proceed with the work. The insurance company compares estimate from two contractors who most frequently handle this type of work in this geographical area. Assume the contractor estimates are normally distributed.
At the 5% level of significance, is there a difference between the two contractors?
Business
1 answer:
vagabundo [1.1K]4 years ago
5 0

Answer:

no. both companies need to keep strong insurance just incase of an emergency or a customber has a question.

Explanation:

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A merchandising company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. Sales
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Answer:

The total selling expenses for the quarter will be $25,800

Explanation:

The computation of the total selling expenses for the quarter is shown below:

= Salaries + commission + Advertising

where,

Salaries = Expected salaries × number of months in one quarter

             = $5,000 × $3

             = $15,000

Commission = (January sales +  February Sales + March Sales) × Commission percentage

= ($25,000 + $30,000 + $35,000) × 10%

= $9,000

And, the adverting equal to

= Expected advertising expenses × number of months in one quarter

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= $1,800

Now put these values to the above formula

So, the value would be equal to

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= $25,800

3 0
3 years ago
While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good
Jet001 [13]

Answer:

Nonprogrammed; reflective; programmed; reactive

Explanation:

Programmed decisions can be regarded as decision which involves well understood criteria when making it,. nonprogrammed decisions on the other hand can be explained as decisions which are novel, they are decision that does not have clear guidelines when trying to reach solution. rules as well as guidelines can be set up for programmed decisions by Managers when known fact is available because this will enhance in reaching

decisions quickly. It should be noted that While non programmed decisions will generally need to be processed via the reflective system in our brains in order for us to reach a good decision, with programmed decisions, heuristics can allow decision-makers to switch to the quick, reactive system.

5 0
3 years ago
during step 3 of the decision making process you are identifying options it's helpful to approach this step as a ________. brain
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Prioritized list

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Step 3 of the decision-making process is to identify alternatives or options. Therefore, finding many options so that the individual cannot make any wrong decision during the time of choosing the right option. If the person identifies the various options, he or she can choose the most optimal list. In that case, testing, or brainstorming activity cannot help to proceed with alternatives. Prioritizing the list will be helpful to approach in 3rd step to find the best possible options. Therefore, option D is the answer.

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3 years ago
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Ten consumers were invited to participate in a discussion on motels, hotels, and resorts. a discussion leader first asked them w
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<span>These consumers and their group leader participated in a "focus group".
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