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Free_Kalibri [48]
3 years ago
14

A summary measure that is computed to describe a characteristic from only a sample of the population is called

Business
1 answer:
Dmitriy789 [7]3 years ago
4 0

Answer:

D. a statistic.

Explanation:

A statistic is a single quantity contained in or computed from a set of data. Unlike a parameter (a characteristic of a population) a statistic is a characteristic or measure of a sample.

A statistic is a characteristic of a sample. Generally, a statistic is used to estimate the value of a population parameter.

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Which of these is an example of an inelastic good?
pishuonlain [190]

Answer:

A. Medicine

Explanation:

Inelastic good is a product whose demand does not fluctuate with price changes. It means the demand for the good remains constant even if prices increase or decrease. The term inelastic symbolizes the demand for the good is static.

Medicine has an inelastic demand. Patients need medication regardless of prevailing prices. An increase or decrease in prices of medicines does not influence the demand. The term inelastic contrast elastic demand, which is the demand that varies with changes in prices.

6 0
3 years ago
What does WMT mean in the stock market?
iris [78.8K]

Answer:

World Trade Market

Explanation:

WTM means the world trade market. It is the market at which everyone trades their stocks.

8 0
3 years ago
Levenworth Company incurs unnecessary costs each period because of the excess quantities of inventory maintained to meet unexpec
Anon25 [30]

Answer:

The correct answer is C

Explanation:

JIT termed or stand for the Just in Time Inventory, it is a strategy or the plan of action, which is to increase the efficiency and decrease the waste through receiving the goods only as they are required in the process of the production, thereby decreasing the inventory costs.

So, the costs of the obsolescence, inventory financing and storage supervision could be decreased through the practice of the JIT (Just-in-time inventory).

8 0
3 years ago
If a listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's mem
mojhsa [17]

It is True that listing broker or designated listing agent receives an offer on a property they may not lawfully disclose the offeror's membership in a protected class to the seller without the express written consent of the offeror

<h3>Who is a Listing Broker?</h3>

A listing broker helps property owners with the listing, marketing, and sale of their property. Listing brokers can work with commercial property owners as well as residential property owners, such as primary residences or vacation homes. Listing agents assist sellers with a range of responsibilities, including:

  • Putting the house on the market
  • Hiring a photographer to shoot the house
  • Choosing a reasonable selling price for the property

To learn more about Listing Broker from the given link

brainly.com/question/28076625

#SPJ4

3 0
1 year ago
Suppose the economy only produces three goods: bread, laptops, and movies. Calculate the CPI of 2008, using 2004 as the base yea
arsen [322]

Answer:

Most of the question is missing, so I looked for a similar one and found the attached image.

CPI = (current year price × base year quantity) / (base year price × Base year quantity)

CPI for bread in current year = [($1.50 × 2,000) / ($1 × 2,000)] x 100 = 150

CPI for laptops in current year = [($1,500 × 100) / ($2,000 × 100)] x 100 = 75

CPI for movies in current year = [($7 × 50) / ($5 × 50)] x 100 = 140

CPI for current year = (CPI for bread x weight of bread) + (CPI of laptops x weight of laptops) + (CPI of movies x weight of movies) = (150 x $2,250/$227,530) + (75 x$225,000/$227,530) + (140 x $280/$227,530) = 1.48 + 74.17 + 0.17 =75.82

5 0
3 years ago
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