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Leya [2.2K]
3 years ago
15

Mercedes-Benz has a self-driving car capable of 80 miles-per-hour speed. You have to keep your hands on the wheel in this E-clas

s sedan to operate the self-driving feature, but the car reads and responds to speed limits and is capable of stopping or swerving to avoid obstructions in the 40–55 mph range, either physical or human. Any liability for use of the technology still resides with the driver. How would you use survey research to determine whether the public is ready for such a car?
Business
1 answer:
Ket [755]3 years ago
7 0

Answer:

I would use survey research to determine the general opinion, positive or negative, on the feature from the general public.  

Explanation:

When conducting any survey research, it is important to sample a wide variety of people. In this case, you would want to survey the general population, not just former Mercedes customers.  

I would design a focus group survey with a series of questions where participants can choose from a range, 0-5, on how much they agree with a certain statement.

At the beginning of the survey, participants would read a brief paragraph explaining the features on the new car before continuing to the part where they record their responses.

Once the survey is conducted, the data can be analyzed. If the majority, say 70%, of all people surveyed agree strongly that a self driving car is a good idea and that the world is ready then you can assume that the general population is in fact ready.

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Wooderson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sa
tankabanditka [31]

Answer:

FIFO COST OF GOODS SOLD$ 239,200

b) Weighted Average Inventory $ 6120

c) LIFO Ending Inventory =  $ 5000

Explanation:

Wooderson Company

Periodic inventory system

                                         Units         Unit Cost      Total Cost  

3/1 Beginning inventory      100              $40           $ 4000

3/3 Purchase                       60               $50           $ 3000

3/4 Sales                             60                  $80        $ 4800

3/10 Purchase                           200          $55      $ 11000

3/16 Sales                                  70             $90       $ 6300

3/19 Sales                               90              $90        $ 8100

3/25 Sales                              60               $90       $ 5400

3/30 Purchase                       40                $60         $ 2400

Sales = $ 4800 + $ 6300 + $ 8100 + $ 5400= $ 246,000

Ending Inventory= 120 units

FIFO Ending Inventory= $ 6800

 40 units at  $60  = $ 2400

80  units at     $55 = $ 4400

FIFO COST OF GOODS SOLD= SALES Less FIFO Ending Inventory

                                               = $ 246,000- $ 6800= $ 239,200

b) Weighted Average Inventory= (Total Cost / Total Units) Ending Units= (20,400/ 400) * 120 = $ 6120

c) LIFO Ending Inventory =  $ 5000

100  units at   $40  =         $ 4000

20 units at  $ 50= $ 1000

3 0
3 years ago
Why do countries specialize? Check all that apply.a) to produce more of certain goods and services in a more efficient wayb) to
Svetlanka [38]

Answer:All the alternatives are correct except (C) to remain independent without having to rely on others for goods and services

Explanation:

Specialization is the act of a firm or country concentrating is resources, efforts and skills in the production of few relative goods or services.

It leads to increase in production, quality and supply, which invariably leads to lower price, higher demands, higher profits,consumer satisfaction and improved standard of living.

3 0
3 years ago
Read 2 more answers
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the u
Nikitich [7]

Answer:

$14.71

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

where,

Total estimated manufacturing overhead is

= Estimated total fixed overhead manufacturing overhead + Estimated variable manufacturing overhead × estimated machine hours

= $838,750 + $3.20 × 72,900 machine hours

= $838,750 + $233,280

= $1,072,030

So, the predetermined overhead rate is

= $1,072,030 ÷ 72,900 machine hours

= $14.71

6 0
4 years ago
The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a
Stels [109]

Answer:

Explanation:

Find attached the solution and the relevant formulas

3 0
3 years ago
Net interest margin—often referred to as spread—is the difference between the rate banks pay on deposits and the rate they charg
Minchanka [31]

Answer:

(a) P(X\:>\:5.40)=0.9938

(b) P(X\:

(c) X=4.975 percent

Explanation:

(a) Find the z-value that corresponds to 5.40 percent

.Z=\frac{X-\mu}{\sigma}

Z=\frac{5.40-4.15}{0.5}

Z=\frac{1.25}{0.5}=2.5

Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.

The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062

(b) The z-value that corresponds to 4.40 percent is Z=\frac{4.40-4.15}{0.5}=0.5The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.

Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915

Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915

(c)  The z-value that corresponds to 95% which is 1.65

We substitute the 1.65 into the formula and solve for X.1.65=\frac{X-4.15}{0.5}

1.65\times 0.5=X-4.150.825=X-4.15

0.825+4.15=X

4.975=X

A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.

6 0
3 years ago
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