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IRINA_888 [86]
4 years ago
9

Think about drawing a random sample only from cell phone exchanges. Discuss the advantages and disadvantages of such a sampling

method compared with surveying randomly generated telephone numbers from​ non-cell phone exchanges. Do you think these advantages and disadvantages have changed over​ time? How do you expect​ they'll change in the​ future?
Business
1 answer:
Vanyuwa [196]4 years ago
6 0

Answer:

Consider the case of drawing a random sample only from cell phone exchanges instead of surveying randomly generated telephone numbers from non-cell phone exchanges.

With the passing of time, more and more people are leaning towards owning a cell phone instead of a land line.

The proportion of people in the population who use cell phones is gradually increasing when compared to non-cell phone users

Major fraction of the population now consists of cell phone users

In future there will be sharp increase in this fraction  

So it will be advantageous to draw a random sample only from cell phone exchanges instead of surveying randomly generated telephone numbers from non-cell phone exchanges. It improves the chance of including more people (people who do not stay at homes during the time of survey will be contacted only though cell phones which is impossible in the case of non-cell phone users)

But there are some disadvantages. Not every person has an equal chance. People without cell phones are excluded. Cell phone users could not be contacted many times due to many reasons (absence of network coverage, power shortage, or if they were not allowed to carry their phones to work places or to some highly secured places)

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IgorC [24]

Answer:

Option (D) is correct.      

Explanation:

Total Overhead Cost:

= (Overhead × Number of cases) for all products

= (20 × 350) + (25 × 550) + (17 × 650)

= 31,800

Total Machine Hours:

= Machine hours × Number of cases

= (5 × 350) + (3 × 550) + (4 × 650)

= 6,000

Overhead Rate:

= Total Overhead Cost ÷ Total Machine Hours

= 31,800 ÷ 6,000

= 5.30

Total product cost per case for Product GC:

= Direct Material + Direct Labor + Overhead

= 80 + 30 + (Machine hours × Overhead Rate)

= 80 + 30 + (3 × 5.3)

= 80.00 + 30.00 + 15.90

= $125.90

4 0
3 years ago
In her spare time, Sharon is the chair for a local nonprofit organization. The project committee is attempting to determine what
maxonik [38]

Answer: (D) Competing

Explanation:

 According to the given question, Sharon is one of the chair-person of a local non-profit organization and usually in her free time she selected the various types of ideas, thoughts and then forced her ideas on the other organizational members.

So, on the basis of the given concept she is using the competing approach to conflict as this type of approach is typically used for making quick decisions for the purpose of resolving various types of problems or issue is an organization. This is also known as the conflicting management style.  

Therefore, Option (D) is correct answer.

3 0
3 years ago
What types of supply chain strategies are required for food and rose supply chains?
stiv31 [10]

Answer:

supply chain is a system of organizations, people, activities, information,

Explanation:

hope that works

6 0
3 years ago
Stock in CDB Industries has a beta of 1.10. The market risk premium is 7 percent, and T-bills are currently yielding 4 percent.
12345 [234]

Answer:

Cost of equity = 11.7%

Explanation:

<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.</em>

Under CAPM, Ke= Rf + β(Rm-Rf)  

Rf-risk-free rate,-4%,  β= Beta-1.10, (Rm-Rf) = 7% ,Ke = cost of equity

Using this model,  

Ke=4% + 1.10×7%

= 11.7 %

Cost of equity = 11.7%

3 0
3 years ago
Which of the following statements does not apply to a market economy? a. Firms decide whom to hire and what to produce. b. The "
Semenov [28]

Answer:

D. Government Policies are the primary forces that guide decisions of firms and households .

Explanation:

Market Economy has factors of production owned , controlled & opereated by private sector . There is entire private ownership , with profit maximisation goal . All production , consumption & distribution takes place on basis of pure market forces - (demand & supply) . It is also called Capitalist Economy .

As mentioned : a) Hiring , Production decisions taken by independent private firms b) The free market 'Invisible Hand' guides self & social welfare c) Households take labour supply & goods consumption decisions  - All these decisions taken independently by private producers & personal consumers , unintervened by government

D) Government policies guiding firms & households decision is not applicable to Market Economy , since there is no government intervention in this type of economy .

7 0
4 years ago
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