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garik1379 [7]
3 years ago
6

It has been reported that 40% of U.S. Workers employed as purchasing managers are females. In a simple random sample of U.S. Pur

chasing managers, 70 out of the 200 are females.
Business
1 answer:
alexira [117]3 years ago
7 0

Answer:

  • a. Population proportion = 0.40
  • b. Sample proportion = 0.35

Explanation:

Question wants to know the population proportion and the sample proportion.

a. Population proportion:

The population in this case is the U.S. workers employed as purchasing managers. The proportion that we are interested in is the 40% that are female.

Population proportion is therefore 0.40.

b. The sample proportion uses the sample details not the population details:

= Number of females employed as Purchasing managers in sample / Number of Purchasing managers in sample

= 70 / 200

= 0.35

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Suppose the countries of Iceland and Norway set up a free trade area, eliminating all trade barriers between themselves but main
geniusboy [140]

Answer:

Trade Bloc

Explanation:

Trade Bloc is a type of agreement between two sovereign nations in which barriers to trade are either reduced or totally eliminated between the two nations. This type of agreement can either be one agreement between several nations or a part of a regional organization.

So, the example of Iceland and Norway is an example of a trade bloc.

8 0
3 years ago
Taylor inc., the company you work for, is considering a new project whose data are shown below. what is the project's year 1 cas
yKpoI14uk [10]
There is no data shown, so we can not figure the 1 year cash flow
--
4 0
3 years ago
The excess return is computed as the: Multiple Choice return on a security minus the inflation rate. risk-free rate plus the inf
navik [9.2K]

Answer: Return on a risky security minus the risk-free rate.

Explanation:

The excess return is known to be the amount of return on a risky asset that exceeds the return that one would have received had they invested in a risk-less asset such as Treasury Bills.

If the return you received on shares was 5% and the return on riskfree assets is 2%, your excess return is 3%.

Please do react or comment if you need any clarification or if the question helped you so you can help others as well. Thank you.

7 0
3 years ago
The new owner of a house needs hazard coverage for $98,000. The annual premium is $0.44 per $100.00 of the amount insured. The i
Kisachek [45]

Answer:

monthly insurance payments = $29.94

Explanation:

given data

hazard coverage = $98,000

annual premium = $0.44 per $100.00

cost of the policy =  2 ½ times annual rate for 3 year policy

solution

we get here first normal premium cost per year that is

normal premium cost per year = $98000 × 0.44 × \frac{1}{100}    

normal premium cost per year = $431.2

and

insurance company is offering for new owner discount for purchasing a three year policy

so here the total cost for the three year is

total cost for the three = $431.2 ×  2.5 = $1078

and now we get monthly insurance payments for 3 year is

monthly insurance payments = \frac{1078}{36}

monthly insurance payments = $29.94

5 0
3 years ago
The following data relates to units shipped and total shipping expense for the Adams Company. Month Units shipped Total Shipping
Ann [662]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Month - Units shipped - Total Shipping Expense

January: 3 - $1,300

February: 6 - $1,600

March: 4 - $1,400

April: 5 - $1,500

May: 7 - $1,700

June: 8 - $1,800

July: 2 - $1,200

First, we need to calculate the unitary variable cost using the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,800 - 1,200) / (8 - 2)

Variable cost per unit=  100

Now, we can calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 1,800 - (100*8)

Fixed costs= 1,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 1,200 - (100*2)

Fixed costs= $1,000

Finally, the total cost formula:

Total cost= 1,000 + 100X

X= units shipped

4 0
3 years ago
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