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Alex787 [66]
3 years ago
8

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and

exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
Business
1 answer:
Nezavi [6.7K]3 years ago
5 0

Answer:

95% confident that the true proportion of service contracts sold on treadmills versus exercise bikes is between -0.1969 and 0.02689.

Explanation:

S1 = number of service contracts for sold treadmills

S2 = number of service contracts for sold Exercise Bikes

P1 = 67/185 = .362162

P2 = 55/123 = .447154

P=n1p1 +n2p2/ n1 + N2 = 185*.362 + 123*.447/ 185 + 123 = .3961

Standard Error = .0571

Margin of Error = E = Za/2 * Se = 1.96 * .0571 = .1119

Lower Limit = (P1 – P2) – E =(.362 - .447) - .1119 = -.1969

Upper Limit = (P1 – P2) + E = (.362 -.447_ + .1119 =.02691

Therefore 95% confident that the true proportion of service contracts sold on treadmills versus exercise bikes is between -0.1969 and 0.02689.

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The issues are as follows:

1) nutrition.

2) financial aid.

3) hearing and vision tests.

4) legal help.

The issue that cannot be addressed by the faculty members at the high school is the legal help.

Fourth option is the correct answer.

<h3>What is meant by a high school?</h3>

A high school is the place where the students are studying in the grades from 9th to 12th.

The faculty members of the high school are addressing the issues relating to financial assistance, testing of hearing and eye vision and the nutritional requirements.

Therefore, the legal help being the issue which could not be addressed by faculty members in the high school.

Learn more about the faculty members in the related link:

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7 0
2 years ago
A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If th
Whitepunk [10]

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

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= 101 × 0.9702209

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4 0
3 years ago
Company X has 2 million shares of common stock outstanding at a book value of $2 per share. The stock trades for $3 per share. I
Vera_Pavlovna [14]

Answer:

Correct option is B.

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Explanation:

Amount of debt = 2 million x 0.90

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= 6 million

Weight of debt = amount of debt/ (amount of debt + amount of equity)

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8 0
3 years ago
3. BP's committing of$500 million to partnership with University of California-Berkeley to develop new sources of energy is a ca
BaLLatris [955]

Answer:

True

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A capital budgeting decision refers to how a business decides to invest money it already holds. Businesses decide how to invest their current assets anticipating the potential future revenues that those investments will yield.

In this case, BP is investing $500 with the University of California-Berkeley probably as an sponsor of research projects (as part of R&D). Any potentially revenue generating project should then be shared by both the university and BP.

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3 years ago
Given some amount to be received several years in the future, if the interest rate increases, the present value of the future am
Delicious77 [7]

Answer:

B. be lower

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3 years ago
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