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Feliz [49]
3 years ago
8

Abby can purchase a secondary data to report for $500 or create primary data by surveying 300 people at a cost of $1.33 person.

Which is cheaper?
Business
2 answers:
Tresset [83]3 years ago
8 0

Answer:

The cheaper option would be Option 2.

Explanation:

Option 2 would be cheaper because you would take 300 x 1.33 and that would give you 399. 500 is greater than 399.

saul85 [17]3 years ago
6 0

Answer:

1.33 a person

Explanation:

look at it nownejssj

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Present value computation kerry bales won the state lottery and was given four choices for receiving her winnings. receive $400,
Mekhanik [1.2K]
Option 1: PV = $400,000
Option 2: Receive (FV) $432,000 in one year

PV = FV(1/(1+i)^n), where i= 8% = 0.08, n = 1 year

PV = 432,000(1/(1+0.08)^1) = $400,000

Option 3: Receive (A) $40,000 each year fro 20 years

PV= A{[1-(1+i)^-n]/i} where, n = 20 years

PV = 40,000{[1-(1+0.08)^-20]/0.08} = $392,725.90

Option 4: Receive (A) $36,000 each year from 30 years
PV = 36,000{[1-(1+0.08)^-30]/0.08} = $405,280.20

On the basis of present value computations above, option 4 is the best option for Kerry Blales. This option has the highest present value of $405,280.20

4 0
4 years ago
A random experiment with three outcomes has been repeated 50 times, and it was learned that E1 occurred 20 times, E2 occurred 13
enot [183]

Answer:

P(E1)=\frac{20}{50}=0.4

P(E2)=\frac{13}{50}=0.26

P(E3)=\frac{13}{50}=0.34

I used the relative frequency method

Explanation:

To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.

Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities

Event E1 occurred 20 times of the 50: P(E1)=\frac{20}{50}

Event E2 occurred 13 times of the 50: P(E2)=\frac{13}{50}

Event E3 occurred 17 times of the 50: P(E3)=\frac{17}{50}

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when compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions
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When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.

<h3>What is the significance of country of origin principle?</h3>

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Learn more about the country of origin principle here:-

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The chart lists three different sets of career qualifications in the Marketing, Sales, and Service career cluster.
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Explanation:

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