Answer:
option (B) 912 ± 42.6
Explanation:
Data provided in the question:
Standard deviation = 64 square feet
Sample size, n = 15
Mean = 912
Confidence level = 99%
Now,
Confidence interval = Mean ± z[s ÷ √n]
here,
z = 2.58 for 99% confidence level
Thus,
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± [ 2.58 × 16.525 ]
or
Confidence interval = 912 ± 42.63
= 912 ± 42.6
Hence,
The answer is option (B) 912 ± 42.6
Answer:
Option C. 30,000 decrease
Explanation:
At the moment Product G is covering its own variable cost which is 180,000 from its sale figure of 210,000. So there is a balance of 30,000 which product G is contributing to offset the Fixed costs of the company.
It will be inadvisable for management to discontinue the production of Product G because it appears to be making a loss. The loss is as a result of the fixed cost of 50,000 imposed (apportioned) to the product. So product G can only cover 30,000 out of this 50,000 which is resulting in the 20,000 loss.
If the product is discontinued, the 30,000 contribution of product G will be lost which will lead to a decrease in profit of that amount.
Answer:
the gross domestic product or GDP would be 1.382,675 Rupees
Explanation:
Answer:
C) standardization strategy
Explanation:
standardization strategy can be regarded as one whereby a business owner or firm give same treatment to the whole world as if it's just one market that have just small meaningful variation It's base on an assumption that needs of people can be met with a product.