The cement is an example of industrial product. An
industrial product is defined as goods that are consumed by companies by means
of producing a consumable good that are to be sold to the consumers or for the
purpose of selling it to another business or company.
Answer:
[ $591.08, $1101.32 ]
Explanation:
Given:
Sample space = 200
Mean price = $846.20
Standard deviation, σ = $1,840.80
Confidence level = 95%
Now,
Confidence interval is given as:
⇒ Mean ± 
here, z value for 95% is 1.96 from the standard z table
Thus,
Confidence interval
⇒ $846.20 ± 
or
⇒ $846.20 ±
or
⇒ $846.20 ± 255.12
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $591.08, $1101.32 ]
Im guessing it is because its expensive
Answer: Product market decision
Explanation: In the product market decision, the company offering the product into the market makes it safe and suitable for the target customer base.
In the given case, nestle and cadbury made the decision regarding the product by taking the climatic conditions of the target market into consideration. Hence, we can conclude that the given case is an example of product market decision.
Answer:
29.5%
Explanation:
Effective interest rate is the actual interest rate that a investor receives on invesment or a borrower pays on loan including the compounding effect.
APR = (80 - 75) / 75 = 0.067 = 6.67%
Effective interest rate = ( 1 + APR )^n - 1
Effective interest rate = ( 1 + 6.67% )^4 - 1
Effective interest rate = ( 1.0667 )^4 - 1
Effective interest rate = 1.2947 - 1
Effective interest rate = 0.2947
Effective interest rate = 29.5%
