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pav-90 [236]
3 years ago
12

Which of the following is NOT true of confidence interval estimates of the difference between two population proportions?

Business
1 answer:
docker41 [41]3 years ago
6 0

Answer: D. A confidence interval is used to test a claim about two population proportions.

Explanation: Confident interval estimate is a type of estimate computed from statistics of observed data.

The confident interval estimate of the difference between two population proportions will use a standard deviation based on estimated values of the population proportion. The confident interval will be used to estimate the difference in the two population proportions, but it will not be used to test claim about two population proportions because it can not.

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Because there is so much unpredictability in all supply chains, companies must use ___ to make supply chain decisions.
algol13

Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.

<h3 /><h3>Supply Chain Management: What Is It?</h3>
  • All procedures that convert raw materials into finished commodities are included in supply chain management, which controls the movement of both goods and services.
  • Because all supply chains are inherently unpredictable, businesses must employ supply chain management to make decisions about their supply chains.
  • Businesses can reduce unnecessary expenses and deliver goods to customers more quickly and effectively by using supply chain management.
  • Creating a strategy, locating raw materials, production, distribution, and returns are the top five aspects of supply chain management.

Learn more about Supply Chain Management here:

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8 0
2 years ago
Read 2 more answers
What are two characteristics of a credit union??
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4 0
3 years ago
Compare and contrast the product vs. process layouts. What are the advantages &amp; disadvantages? List examples of products tha
Contact [7]

Answer:

Explained below.

Explanation:

With a product layout, equipment breakdown has serious implications because the separate pieces of equipment are closely tied together. If one piece of equipment fails, the line will quickly come to a halt. Consequently, preventive maintenance to reduce the failure rate is advisable. In contrast, a process layout often contains duplicative equipment so that if one particular piece of equipment fails, the work can usually be shifted to another piece of equipment. Consequently, there is less need for preventive maintenance and less need for repair of equipment when it does break down. Moreover, process layouts utilize more skilled workers who tend to take better care of the equipment than the lower-skilled workers do in a product layout system.

* The main advantages regarding the product layouts include:

a. A potentially huge rate of output.

b. Lowering unit costs.

c. Low training costs and a broad span of supervision due to specialization.

d. The low unit price concerning material administration.

e. High utilization of labor and tools.

f. Routing as well scheduling are being built into the design.

g. Accounting, purchasing, including inventory control are routine.

* The main disadvantages regarding the product layouts include:

a. Specialization can lead to dull, repetitive jobs with little opportunity for personal satisfaction or creativity.

b. Workers may have little interest in maintaining equipment or in the quality of output.

c. The system is not particularly adaptable to changes in process design or changes in the volume of output.

d. The system is highly susceptible to shutdowns caused by equipment failure or excessive absenteeism.

e. Preventive maintenance costs and the capacity for quick repairs are necessary to ensure high utilization.

f. Incentive plans tied to individual output are impractical.

* The main advantages regarding the process layouts are:

a. They can manage a variety of processing requirements.

b. They are less vulnerable to equipment failures than product layouts are.

c. The general-purpose tools used often are less costly than the specialized equipment used in product layouts. It is also usually easier and less costly to manage and repair.

d. Specific stimulation systems are possible.

* The main disadvantages regarding the process layouts are:

a. Work-in-process inventory costs can be high (in manufacturing).

b. Routing and scheduling must be done for each new job.

c. Equipment utilization valuations are habitually low.

d. Material handling is slower, less efficient, and more costly per unit than is the case in a product layout.

* Example of product layout includes self-service cafes, car assembly as well as car valeting.

* Example of process layout are milling, drilling, grinding, hydraulic presses, as well as lathes)

7 0
3 years ago
Marilyn, Bob, and Carl all believe a certain defendant is probably guilty and should be sentenced. Individually their recommenda
bazaltina [42]

Answer:

Explanation:

Group polarization is a concept in social psychology where the decision made by a group of people is more extreme to the decision made by the individual members of the group.

The members of the group recommended 3,5,7 years as prison sentence individually but 10 years together. 10 years is more extreme when compared to the sentences recommended individually.

I hope my answer helps you.

5 0
3 years ago
Think about a small business you might enjoy opening. Typical examples might be a restaurant, specialty clothing store, or profe
PolarNik [594]

Answer:

Explanation:

When opening a business in a monopolistically competitive market structure it is incredibly difficult to compete and find a loyal customer base to make a profit. The best way to differentiate your product would be to personalize it as much as possible for every client. Personalizing not only the product but the shopping experience for each individual client makes that client feel special and cared about. This helps convince them to purchase this product from you as opposed to a competitor. Therefore, slowly increasing your loyal customer base.

6 0
3 years ago
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