Based on the percentage of readers who own a particular make of the car and the random sample, we can infer that there is sufficient evidence at a 0.02 level to support the executive claim.
<h3>What is the evidence to support the executive's claim?</h3>
The hypothesis is:
Null hypothesis : P = 0.55
Alternate hypothesis : P ≠ 0.55
We then need to find the test statistic:
= (Probability found by marketing executive - Probability from publisher) / √( (Probability from publisher x (1 - Probability from publisher))/ number of people sampled
= (0.46 - 0.55) / √(( 0.55 x ( 1 - 0.55)) / 200
= -2.56
Using this z value as the test statistic, perform a two-tailed test to show:
= P( Z < -2.56) + P(Z > 2.56)
= 0.0052 + 0.0052
= 0.0104
The p-value is 0.0104 which is less than the significance level of 0.02. This means that we reject the null hypothesis.
The Marketing executive was correct.
Find out more on the null and alternate hypothesis at brainly.com/question/25263462
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Answer:
66.7%
Explanation:
Given that,
Design capacity = 6 furnaces per day
Effective capacity = 5 furnaces per day
Efficiency ratio if it repairs an average of 4 furnaces per day:
= (Actual capacity ÷ Possible capacity) × 100
= (4 per day ÷ 6 per day) × 100
= 0.667 × 100
= 66.7%
Therefore, the efficiency ratio is 66.7 percent.
Since you provide no options, one of the form of welfare that gives direct payments to recipients is : DPDP
Which stands for Direct payments demonstration Projects
hope this helps
One example of a company that will least likely use a
process costing system is a company that is in charged or associated with a
home builder. It is because a process costing system is a method that is
responsible in handling cost in a way that it is collected and assigned by
which a home builder does not usually use.
Answer:
B) Exemplified by a program such as unemployment compensation.
Explanation:
Automatic stabilizer is an example of fiscal policy that result automatically and tend to offset fluctuations in economic activity without direct intervention from the policymakers.
They are used to stabilize the economy.
Automatic stabilizer could be referred to as economy stabilizer
Examples are;
Tax reduction and spending more of government during recession
Increase of tax during booms
Extract money from the economy during booms
Unemployment compensation, unemployment insurance and welfare.
Automatic stabilizers are features of the tax and transfer systems that temper the economy when it overheats and stimulate the economy when it slumps, without direct intervention by policy makers.
